Involvement of the International Bank for Reconstruction and Development in carbon finance in the light of its carbon funds and financial mechanisms Cover Image

Zaangażowanie Międzynarodowego Banku Odbudowy i Rozwoju w carbon finance w świetle tworzonych przez niego funduszy węglowych i mechanizmów finansowych
Involvement of the International Bank for Reconstruction and Development in carbon finance in the light of its carbon funds and financial mechanisms

Author(s): Klaudia Jarno
Subject(s): Economy, Energy and Environmental Studies, Financial Markets
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: carbon finance; carbon funds; International Bank for Reconstruction and Development

Summary/Abstract: The aim of the paper is to analyse and evaluate the evolution of the approach of the International Bank for Reconstruction and Development (IBRD) to its involvement in carbon finance in the light of its carbon funds and financial mechanisms. The author investigated goals and scope of activity of the tools created by the IBRD in the years 1999-2015. The methods used include descriptive and comparative analysis. As a result, the author has grouped and characterized the IBRD’s tools and made a list of observed changes in the IBRD’s approach to its involvement in carbon finance, which includes in particular: a change in the area of interest, a change in the role of providers of capital and a shift from project approach to programme approach.

  • Issue Year: 2016
  • Issue No: 437
  • Page Range: 187-198
  • Page Count: 12
  • Language: Polish