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The potential benefits of carbon finance have not reached many developing countries. The World Bank’s carbon finance products
help grow the market by linking the private sector buyers of carbon credits with climate-friendly projects in developing countries and
economies in transition that are seeking financing. The World Bank’s carbon finance products include:
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Development of a CDM and JI Validation and Verification Manual
The International Emissions Trading Association and the World Bank Carbon Finance Unit / Prototype Carbon Fund (PCF) have started a process to develop a CDM and JI Validation and Verification Manual. The VVM will be a guidance document that describes the process of validation and verification activities. The VVM will be "owned" and used by DOEs (and other project participants). The final draft of the VVM is expected to be ready by COP9, after a thorough review, participation and feedback process. More information is available on the PCF/IETA VVM website at: http://www.VVManual.info
Environment Publications
The World Bank's Greenhouse Gas Assessment Handbook- GHG Handbook, 1998
(A practical guidance document for the assessment of project-level greenhouse gas emissions. Please be informed that this is a 953KB PDF file which may take a moment to load.)
Links to Environmental Information
 Prototype Carbon Fund (PCF) www.prototypecarbonfund.org
Community Development Carbon Fund (CDCF) www.communitycarbonfund.org
BioCarbon Fund www.biocarbonfund.org
UNFCCC United Nations Framework Convention on Climate Change
Clean Development Mechanism (CDM) cdm.unfccc.int
Initiatives of the World Bank in reducing global climate change www.worldbank.org/climatechange
World Bank - ESMAP Landfill Gas (LFG) to-Energy Initiative for the Latin American Region www.bancomundial.org.ar/lfg/
The World Bank Group www.worldbank.org
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