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A financing facility for low-carbon development.


A financing facility for low-carbon development.

Gouvello, Christophe de et al.

The World Bank


39 pages



World Bank working paper no. 203


This brief report from the World Bank proposes a financing mechanism known as the Low Carbon Development Facility, which would bring additional investment financing at concessional rates to low-carbon development projects in non-Annex I countries and rapidly scale up project-based emissions avoidance in these developing countries, as well as help the post-Copenhagen Green Climate Fund implement financial pledges made by Annex I countries (those committed to reducing emissions under the 1997 Kyoto Protocol) to support projects, programs, policies, and other activities in developing countries. There is no index.

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Publication:SciTech Book News
Article Type:Book review
Date:Dec 1, 2010
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