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19 th Meeting of the Partnership Assembly Buenos Aires, Argentina October 23-25, 2018 Partnership for Market Readiness Progress on Country Program

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19th Meeting of the Partnership AssemblyBuenos Aires, Argentina

October 23-25, 2018

Partnership for Market Readiness

Progress on Country Program

PMR

Country

Readiness

Programs

Focus Instrument: Carbon Tax Programs

Argentina announced carbon tax to be effective in 2019

Cote d’Ivoire and Panama (TPs) are receiving Targeted support for

carbon tax assessment and design

Chile has a functional carbon tax in the energy sector ($300 million revenue in 2018)

Colombia and Mexico have functional carbon tax programs

South Africa close to submitting carbon tax legislation to the parliament

Focus Instrument: Emission Trading Systems

Supported ETS in 2 provinces and 5 cities; Implementation of key building blocks for

China’s national ETS, soft-launched in January 2018;

Mexico developing ETS

Ukraine developed the national MRV legislation currently under consultation

Kazakhstan’s relaunched ETS after 2 years

Green House Gas Crediting and Other

In Peru sectoral NAMAS and Carbon Crediting Generation

In Thailand MRV Guideline for Energy Performance Certificate scheme

developed

study finalized on establishment of an integrated reporting system for ETS

In Costa Rica reform of National Carbon Neutrality Program, including domestic

Offset rules has been reformed and relaunched

Key Challenges and Lessons

• Stakeholder engagement is key

• Communicating Carbon Pricing Concepts and

Technical Concepts associated with implementing a

PMR project

• WB Procurement Processes

• Changes in Government

Disbursement from Country Programs

35%

24%

41%

Disbursed as of FY18

Planned Disbursement in FY19

To be committed

PMR country grants:

total allocation USD 85 Million

(includes ICPs and TPs)

THANK YOU!

GRACIAS!

[email protected]

www.thepmr.org