Funding Development Through Results-Based Climate Finance
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Washington, DC: World Bank
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Development outcomes such as job creation, clean energy access, and sustainable agriculture drive a global effort to bolster growth along sustainable and climate-resilient pathways, but significant funding gaps are hampering progress. Results-based climate finance (RBCF) can play an important role in closing these funding gaps and incentivizing the development of high-integrity emission reductions programs and their monetization on carbon markets.
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AFFORDABLE AND CLEAN ENERGY, DECENT WORK, CLIMATE ACTION, RESULTS-BASED CLIMATE FINANCE (RBCF), CARBON MARKETS