About Partners

The World Bank Carbon Finance Programme

The World Bank Carbon Finance Unit (CFU) uses money contributed by governments and companies in OECD countries to purchase project-based greenhouse gas emission reductions in developing countries and countries with economies in transition. The emission reductions are purchased through one of the CFU's carbon funds on behalf of the contributor, and within the framework of the Kyoto Protocol's Clean Development Mechanism (CDM) or Joint Implementation (JI). Unlike other World Bank development products, the CFU does not lend or grant resources to projects, but rather contracts to purchase emission reductions similar to a commercial transaction, paying for them annually or periodically once they have been verified by a third party auditor. Carbon finance provides a means of leveraging new private and public investment into projects that reduce greenhouse gas emissions, thereby mitigating climate change while contributing to sustainable development.

International Emissions Trading Association (IETA)

IETA is dedicated to the objectives of the United Nations Framework Convention on Climate Change and ultimately climate protection through the establishment of effective market-based trading systems for greenhouse gas emissions by businesses that are demonstrably fair, open, efficient, accountable and consistent across national boundaries; and maintaining societal equity and environmental integrity while establishing these systems. IETA works towards developing an active, global greenhouse gas market, consistent across national boundaries and involving all flexibility mechanisms such as the Clean Development Mechanism, Joint Implementation and emissions trading and creating systems and instruments that will ensure effective business participation.

ICF International

ICF International (Nasdaq: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, environment, transportation, social programs, defense, and homeland security markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving governments, major corporations, and multilateral institutions. More than 2,000 employees serve these clients from offices worldwide. Climate change has been a core competence of ICF International since the mid-1980s. ICF has extensive experience advising corporate clients to help develop carbon strategies and has worked with governments to devise and implement climate change policy. An independent poll in the market-influential publication Environmental Finance Magazine in December 2006 named ICF International as the leading advisory services company in several carbon and environmental market categories.