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Community Development Carbon Fund |
| The CDCF provides carbon finance to projects in the poorer areas of the developing world. The Fund, a public/private initiative designed in cooperation with the International Emissions Trading Association and the United Nations Framework Convention on Climate Change, became operational in March 2003. The first tranche of the CDCF is capitalized at $128.6 million with nine governments and 16 corporations/organizations participating in it and is closed to further subscriptions. The CDCF supports projects that combine community development attributes with emission reductions to create "development plus carbon" credits, and will significantly improve the lives of the poor and their local environment. |
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Featured Resource
Carbon Finance Unit Annual Report 2006
 This report of the carbon funds managed by the World Bank covers the period from July 1, 2005 through August 31, 2006. Notes: All $ = U.S. dollars (unless otherwise indicated). The U.S. dollar/ euro exchange rate used in this report = 1.25. One ton = 1000 kilograms (one metric tonne). All greenhouse gas emission reductions are measured in tons of carbon dioxide equivalent (tCO2e). This report is provided for informational purposes only. The carbon funds reported on are not legal partnerships. No warranties or representations are made as to the accuracy, reliability or completeness of any information herein. To request a hardcopy of the report, please contact the Carbon Finance Helpdesk.
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