Capacity Building

Experience has shown that the full engagement of developing countries in market mechanisms for greenhouse gas emission reductions and sequestration will only take place in the presence of local environments that support project identification, preparation, consideration and/or approval. Consistent with its mission to catalyze the emergence and growth of market mechanisms for climate change mitigation and sustainable development, the World Bank, in parallel with its carbon funds, has established a consolidated capacity building and technical assistance program to enhance capacity and expertise of host countries to engage in the greenhouse gas market.