New PDF release: A Financing Facility for Low-Carbon Development in

By Christophe de Gouvello,Ivan Zelenko,Philippe Ambrosi

ISBN-10: 0821385216

ISBN-13: 9780821385210

This paper proposes an leading edge financing mechanism, often called the Low Carbon improvement Facility (LCDF) that may deliver extra funding financing at concessional charges to free up low carbon improvement initiatives in non-Annex 1 international locations, expanding project-based emissions avoidance in those countries.The LCDF can be a modality of the Copenhagen eco-friendly weather Fund to enforce the monetary pledges made via Annex 1 international locations because of Copenhagen and post-COP15 negotiations to aid initiatives, courses, rules and/or different actions in constructing nations with regards to NAMAs. LCDF won't replacement the worldwide surroundings Facility (GEF) and the fresh expertise Fund (CTF) and could relatively help the cutting edge initiatives pioneered by way of those instruments.

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A Financing Facility for Low-Carbon Development in Developing Countries (World Bank Working Papers) by Christophe de Gouvello,Ivan Zelenko,Philippe Ambrosi

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