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The PAF is an innovative climate finance mechanism designed to stimulate private investment in projects that reduce greenhouse gas emissions.
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Building on PAF's success, the World Bank's Climate Auctions Program is evaluating opportunities for replication and scale-up across a range of sectors, including the Nitric Acid Climate Auctions Program (NACAP).
Please take a look at PAF's most recent publications, including:
- Climate Auctions: A Market-Based Approach to National
- The Potential for Climate Auctions as a Mechanism for
On January 10, 2017, the PAF held its third successful auction, allocating 13 million dollars of climate funds to reduce 6.2 million tons of carbon dioxide emissions.
Auctions Home Read more >>
Third Auction - Results Read more >>
Third Auction - Eligibility Criteria Read more >>
Policy Brief: Auctions for Climate Action Read more >>
Study: Auctions & NDC Implementation Read more >>
PAFERNS Third Redemption Read more >>
Awards and Recognition
Environment Finance Deal of the Year Read more >>
mtn-i Editor's Award Read more >>
PAF Team Responds Blog post >>
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