partnership for market readiness progress on country program program final... · 19th meeting of...
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19th Meeting of the Partnership AssemblyBuenos Aires, Argentina
October 23-25, 2018
Partnership for Market Readiness
Progress on Country Program
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)