The Independent Evaluation Group of the World Bank recently released an evaluation of the World Bank's Support to Carbon Finance. The evaluation aimed to answer the following overarching question:
What has been the strategic objective, nature of engagement and contribution of the WBG in supporting Carbon Finance? And going forward, what lessons can be drawn from this to inform the WBG's strategic direction in supporting the next generation of market-based carbon mitigation activities given its potential comparative advantage?
The evaluation notes six key findings from past performance of WBG carbon finance activities.
To read this report, click here to visit the IEG website.
Photo courtesy of IEG.