New BWP ‘Inside the Institutions’ on World Bank’s role in carbon finance
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A newly published article from BWP’s Inside the Institutions series, “Carbon finance: The role of the World Bank in carbon trading markets,” looks at the role of the World Bank in carbon finance initiatives, including managing trust funds linked to carbon trading measures under the Kyoto Protocol and assisting emissions trading schemes being adopted by countries and sub-national entities. The article tracks the evolution of the Bank’s involvement in carbon finance initiatives over recent decades and highlights criticisms of its approach.
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