Objectives:

Develop GHG emission reductions and facilitate the purchase of Carbon Emissions Reduction (CER) credits in the post-2012 commitment period of the Kyoto Protocol.

Subcategory:

Energy efficiency; Renewable energy; Waste management; Transport.

Eligible organisations:

Public and private entities

Eligible Projects or Programmes:

The mechanism is designed to support long-term investments in GHG reduction projects that are suitable for scaling-up. Proposed examples include: energy generation and distribution; power sector development; energy efficiency; gas flaring; transport; urban development; waste management. Large programmes rather than small projects are welcome.

Proposal/Application requirements:

a) Description of project proponent. b) Type of project. c) Location of project. d) Expected schedule. e) Financing sought. f) Technical summary of project. g) Expected environmental benefits.

Proposal evaluation criteria:

No information

How to Apply:

1. Submit a project idea note. PIN reviewed by CF Unit of World Bank. If PIN is acceptable, sponsor notified with request to prepare Project concept note.

2. If PCN agreed by FMC (and Participants Committee if required), letter of intent is offered; further work is authorized.

3. Project Design Document prepared (a.  Determine whether existing methodology is applicable b. may require baseline study).

4. Bank region begins technical, financial, environmental and social due diligence.

5. CF Unit prepares term sheets and draft ERPA.

6. Project Due Diligence is completed and World Bank internal approvals are secured.

Additional information:

Document library