The World Bank Group launched the global, multi-donor Partnership for Market Implementation Facility (PMIF) as an umbrella program in 2021 to contribute to the acceleration of global decarbonization efforts. The PMIF aims to be a leading initiative for helping client countries design and deploy carbon pricing policies/programs appropriate to their domestic context and compatible with their sustainable development priorities; and catalyzing the development of the next generation of international carbon markets.
The Partnership for Market Implementation (PMI assists countries to design, pilot, and implement pricing instruments aligned with their development priorities.
CPLC brings together leaders across government, private sector and civil society with the goal of placing effective carbon pricing policies that maintain competitiveness, create jobs, encourage innovation and deliver meaningful emissions reductions.
CW supports countries to build the next generation carbon markets by creating an enabling environment, develop regulatory framework and develop common and efficient market infrastructure with associated governance arrangements.
CPI expands global understanding of carbon pricing with analysis on key aspects relating to programs and initiatives around the world, and as such, contribute to shaping the consideration and development of this important agenda.
I4C is the World bank’s flagship event on climate action and a global gathering of leaders from government, industry, finance, and technology, to envision the next generation of climatesmart solutions with potentials to tranform the global economy.
The World Bank is a core partner of organizing the Regional Climate Weeks (RCWs) which is a unique collaborative platform where both governments and non-governmental organizations stakeholders gather to address the gamut of relevant climate issues under one umbrella.
Compact with Africa – Green Business Fund
The Compact with Africa (CwA) Green Business Fund supports locally led climate-smart initiatives, with a focus on small and medium-sized enterprises (SMEs) in Africa, using coordinated and country-specific appoach.
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