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Umbrella Carbon Facility |
| The UCF is an aggregating facility to pool funds from existing IBRD-managed carbon funds and other participants for the purchase of emission reductions from large projects. The Facility would have multiple tranches, with the First Tranche dedicated to purchasing Certified Emission Reductions (CERs) from the China HFC-23 projects. The Fund has a total capital of $719 million. |
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