Sustainable Energy and Climate Change Initiative

Access to Carbon Markets

Priority Lines of Action:

• Mainstream carbon finance in IDB operations. Incorporate Clean Development Mechanism (CDM) components into the pipeline and sector lending, and invest in energy-related CDM projects. Provide technical advice to clients on accessing carbon finance and financing project development.
• Develop programmatic CDM projects. Support development of CDM projects that finance regulatory reforms to remove barriers to sustainable energy projects and programs.
• Lower transaction costs and risks for project development. Provide technical assistance for CDM processing and registration, development of new methodologies, third party validation, and management of risks related to the delivery of certified emission reductions (CER).
• Build capacity to strengthen LAC participation in the international carbon market. Provide support for marketing CERs, technical assistance and training on CDM procedures, education and information dissemination, and carbon market development.
• Contribute to the continuity of the carbon market after 2012. Offer technical assistance in developing and testing methodologies that would benefit LAC in the post-2012 carbon market.