Archived Webinar

Climate Auctions for National Climate Actions

With the Paris Agreement’s rulebook nearly finalized, countries and subnational actors face the challenge of not only translating climate targets and strategies into action, but also determining how to finance and scale these actions. Through the Pilot Auction Facility for Methane and Climate Change Mitigation (PAF), the World Bank successfully piloted climate auctions, an innovative financial mechanism that stimulates private investment in projects that reduce greenhouse gas emissions. Climate auctions transparently allocate public finance to the most cost-competitive mitigation projects, quickly mobilizing private investment. As a results-based finance mechanism that disburses funding to projects only upon delivery of verified emission reductions, this mechanism helps ensure delivery of climate outcomes while also supporting the longer-term development of carbon pricing policies. As noted by special report of the Intergovernmental Panel on Climate Change, climate auctions represent one of the most promising new approaches to mobilize finance in support of Nationally Determined Contributions (NDCs). This webinar will distill the findings of two recent reports, ‘Climate Auctions: A Market-Based Approach to National Climate Action’ and ‘The Potential for Climate Auctions as a Mechanism for NDC Implementation.’ Specifically, this webinar will outline how climate auctions work and how policymakers can utilize climate auctions to accelerate the implementation of NDCs and carbon pricing policies.

About the Presenters

Stephanie Rogers

Stephanie Rogers is a Financial Specialist at the World Bank, focusing on the development and implementation of innovative financial instruments to address climate change. Stephanie leads the World Bank’s Climate Auctions Program, including the Pilot Auction Facility for Methane and Climate Change Mitigation, and co-leads the Carbon Markets and Innovation team’s work on operationalizing new market instruments under the Paris Agreement. Before joining the World Bank, Stephanie worked on corporate sustainability and risk management at the International Finance Corporation and as an attorney in government and private practice.

Tyeler Matsuo

Tyeler Matsuo is an associate with the Global Finance program at Rocky Mountain Institute (RMI), where part of her work explores the use of climate auctions as a results-based finance instrument. Prior to joining RMI, Tyeler received her PhD in public policy from ETH Zurich, with her dissertation focusing on low-carbon energy and development. She has also worked as a consultant for the World Bank’s energy practice supporting technical assistance and lending activities largely in the Middle East and North Africa (MENA) region, and also has experience supporting the construction of green energy projects at an engineering firm. She received a master’s in energy science & technology from ETH Zurich and a bachelor’s in mechanical engineering from McGill University.

Thomas Kansy

Thomas Kansy is a Principal at Vivid Economics. He is an expert in carbon and energy markets, policy design and implementation, and financial analysis. Thomas was one lead author of The Potential for Climate Auctions as a Mechanism for NDC Implementation report as well as several reports on carbon pricing. He works with several governments across the world, major energy companies, financial institutions and multi-lateral organizations such as the OECD and World Bank.

Questions Submitted

jose luis

- Jun 22, 2021
bien

MOHAMMAD

- Jan 20, 2021
Great course! informative and knowledgeable documents.

DR. YOGENDRA NATH

- Aug 26, 2020
Informative.

Anvar

- Oct 16, 2019
Good!

Monir

- Sep 7, 2019
Good for mitigation climate change

EBRAHIM

- Jun 17, 2019
intersting

Dr. Illakkuvan

- Jun 6, 2019
This webinar will outline how climate auctions work and how policymakers can utilize climate auctions to accelerate the implementation of NDCs and carbon pricing policies.

Vedat

- Jun 1, 2019
Good Info

Waqar Aamir

- May 23, 2019
Good

Ki

- May 6, 2019
interesting!
Log in to comment  Don't have an account? Register Now