(Photo: Randy von Liski)
Carbon crediting is gaining traction as a means of mobilizing additional climate finance, especially in developing economies facing significant funding gaps to meet their climate and development goals. By linking payments to verified emission reductions or removals, carbon crediting can help drive a broad range of mitigation efforts— from individual projects to jurisdictional, sectoral, and economy-wide initiatives.
The report “Carbon Crediting: A Results-based Approach to Mobilizing Additional Climate Financing”, a joint effort by Climate Focus and the World Bank, offers a detailed overview of carbon crediting approaches, with a focus on the needs of developing country entities engaged in climate mitigation.
The report is designed to help developing country entities identify opportunities and make informed choices about the most appropriate crediting approaches for specific policies, projects, or interventions—while also assessing the most suitable funding stream, whether results-based climate finance or carbon markets.
Find the full report here.
