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Spanish Carbon Fund |
| The Spanish Carbon Fund was created in 2004 in an agreement between the Ministries of Environment and Economy of Spain and the World Bank. This fund was established to purchase greenhouse gas emission reductions from projects developed under the Kyoto Protocol to mitigate climate change while promoting the use of cleaner technologies and sustainable development in developing countries and countries with economies in transition. The Fund has a total capital of $278.6 million. |
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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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