eC2:Independent Evaluation of the Pilot Auction Facility (PAF) for Methane and Climate Change Mitigation

climateDeadline:  30-Apr-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The Pilot Auction Facility (PAF) for Methane and Climate Change Mitigation seeks an evaluation team to conduct an independent review of the PAF’s performance covering the period from September 2014 to December 2017. The PAF is a World Bank trust fund that provides price guarantees in the form of put options, which provide holders the right but not the obligation to sell future emission reductions at a pre-determined price. The objectives of the Independent Formative Evaluation will be to assess PAF’s performance, strengths, and weaknesses and identify emerging lessons learned, including forward looking recommendations for future climate financing mechanisms.The evaluation team is expected to collect and analyze the necessary data (including against PAF’s logical framework) for evaluation’s purpose, answer proposed evaluation questions and compile lessons learned.

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13 Private Companies Compete in $13 Million World Bank Climate Auction

Ends Pilot Phase to Focus on Scale-up and Replication.paf-info-2

Auctions bring together buyers and sellers to agree on a price for goods or services that are otherwise difficult to value. In climate finance, reverse auctions can be used to produce the biggest bang for the buck – by engaging private companies to compete against one another for scarce public climate funds to deliver the most emission reductions at the lowest cost.

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eC2: Study on Using Climate Auction Model To Catalyze Energy and resource Efficient Buildings

Deadline: 17-Nov-2016 at 11:59:59 PM (Eastern Time – Washington D.C.)Climate-Change-Story-Banner
The PAF in conjunction with EDGE and the World Bank’s Energy Sector Management Assistance Program (ESMAP) has
been exploring the opportunity of combining the PAF climate auction model with EDGE voluntary certification to catalyze the green building sector in developing countries and to help avoid lock-in to energy inefficient, polluting, and expensive assets. Under this approach, the PAF would offer an innovative, results-based approach to incentivizing private sector investment. The EDGE certification would provide a metric against which to disburse funds

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