The PCF has followed three primary strategic objectives:
• High-Quality Emission Reductions: to show how project-based greenhouse gas Emission Reduction transactions can promote and contribute to sustainable development and lower the cost of compliance with Kyoto Protocol.
• Knowledge Dissemination: to provide the Parties to the UNFCCC, the private sector, and other interested parties with an opportunity to "learn-by-doing" in the development of policies, rules, and business processes for the achievement of Emission Reductions under CDM and JI.
• Public-Private Partnerships: to demonstrate how the World Bank can work in partnership with the public and private sectors to mobilize new resources for its borrowing member countries while addressing global environmental problems through market-based mechanisms.