News and Events

05.11.2006
Carbon Market Blog (WB & IFC Environment Directors)

In this online dialogue, Directors of the Environment Department of the World Bank and of the Environment and Social Development Department at the IFC (the World Bank's private sector arm), present their views on the future of the carbon market, adaptation and mitigation measures, and the roles of the private and public sector in meeting the requirements of Kyoto and beyond)

In the midst of reports that the carbon market might be facing a potential slump (http://www.wbcsd.org/plugins/DocSearch/details.asp?type=DocDet&ObjectId;=MTkwMDg), Carbon Expo, the Global Carbon Market Fair and Conference is opening this week in Cologne. What are the prospects for the carbon market, and what role can international organisations play in supporting the introduction of clean technologies? Can and should the private sector go beyond the requirements posed by regulators? What development impact can be expected from the carbon credits market - and is it sufficient to meet the needs of emerging markets?

In this online dialogue, Warren Evans, Director of the Environment Department at the World Bank and Rachel Kyte, Director of the Environment and Social Development Department at the IFC (the World Bank's private sector arm), present their views on the future of the carbon market, adaptation and mitigation measures, and the roles of the private and public sector in meeting the requirements of Kyoto and beyond.

The World Bank and the IFC's activities in the carbon finance area - in the respective sectors of competence - are an integral part of the World Bank Group's mission to reduce poverty and help developing countries face the threats posed by climate change

The URL to the blog is: http://psdblog.worldbank.org/psdblog/2006/05/whats_the_futur.html