This note examines how to maximize the benefits from the use of market instruments in support of developing countries' low-emission development priorities. First, it briefly surveys the current state and trends of the carbon market, highlighting the main achievements of carbon finance over its decade-long history. Second, it reviews updated scenarios of the scale of future carbon markets and associated financial flows, in light of developments in climate negotiations and domestic markets.

In 2012, the Mexican Presidency of the G20 introduced inclusive green growth as a cross-cutting priority on the G20 development agenda. The second meeting of the G20 Development Working Group (DWG), hosted by the Government of the Republic of Korea, took place in Seoul the 19th and 20th of March 2012. As agreed during the first DWG meeting, this second meeting focused on the priorities for their presidency in the first half of 2012: infrastructure, food security and inclusive green growth (IGG).

This publication is the result of an initiative to promote an exchange between Brazil and African countries on lessons learned about the role of community forestry as a strategic option to achieve the goals of Reducing Emissions from Deforestation and Forest Degradation (REDD+). The initiative was supported by the World Bank with funding from the Global Environment Facility (GEF), and coordinated by the Amazonas Sustainable Foundation (FAS) with support from the National Forestry Agency International (ONFI).

Carbon finance recognizes the contribution of projects to mitigating climate change. To be able to access carbon finance, projects can certify their emission reductions under a variety of standards, one of which is the Clean Development Mechanism (CDM) of the United Nations Framework Convention on Climate Change (UNFCCC). Project developers can sell their carbon credits either in the voluntary or the regulated market.

There is global interest in promoting mitigation and adaptation in agriculture, forest, and other land-use (AFOLU) sectors to address the twin goals of climate change and sustainable development. This guideline deals with how to enhance carbon stocks in general in all land-based projects and its specific relationship with agriculture productivity. It outlines specific steps and procedures that need to be followed by project proponents and managers of land-based projects to enhance carbon stocks synergistically with increasing crop productivity.

This report presents the results of a review of the World Bank's Strategic Environmental Assessment (SEA) experience undertaken by the World Bank learning community-the SEA Community of Practice (CoP). This report is no more than a first step. Its findings and results cannot be treated as conclusive.

The report provides quantitative and qualitative insights into the performance of different non-permanence approaches for consideration of parties. This note summarizes the results of the analysis presented in the report. Besides the existing mechanism for temporary crediting, the study analyzed a range of alternative approaches to addressing non-permanence, including those considered in prior deliberations of the United Nations Framework Convention on Climate Change (UNFCCC). The approaches address the risk of non-permanence in several ways.

Kosovo is a small and young state that gained an interim United Nations (UN)-administered status in the wake of the Dayton peace accord only in 1999; it declared independence in 2008. Compared to neighboring countries, it is still lacking in its basic infrastructure and its administrative and technical skills. In addition, with the onset of the War in Yugoslavia in 1992 most investment and normal maintenance came to a standstill.

Tanzania's land, local government and forest laws mean that rural communities have well defined rights to own, manage and benefit from forest and woodland resources within their local areas through the establishment of village forests. This approach, known by practitioners as Community Based Forest Management (CBFM) results in the legal establishment of village land forest reserves, community forest reserves or private forests. By 2008, 1,460 villages on mainland Tanzania1 were involved in establishing or managing village forests covering a total of over 2.345 million hectares.

Mexico, Costa Rica, and Ecuador have substantial experience with implementing payments for ecosystem services (PES) and conservation incentive programs. Yet, many aspects of their experiences remain poorly understood and will require special attention in any new or expanded use of these types of incentives.

For Ghana's national REDD plus scheme to be viable, the rights to carbon or the emission credits generated must be clearly delineated, and be accompanied by equitable and efficient benefit sharing systems. There are a number of approaches that the State can use to determine whom to vest the right to carbon in. If defined as a natural resource, the state would be vested with the rights. If recognized as an ecosystem service, then the right to the benefits would be vested in the owner of the trees.

China's success in addressing food problems after adopting the reforms in 1978 has been nothing less than remarkable. Grain output (rice, wheat and maize) has almost doubled and most hunger has been eliminated. Ever since China embarked on its reform agenda more than 30 years ago, its economic growth and poverty reduction have been nothing less than remarkable. Agriculture has been an important contributor to these developments.