The role of carbon sequestration in long-term climate mitigation policies
Participation of developing countries in climate policies: issues and problems
Prospects of the carbon market until 2012
Management of Prototype Carbon Fundplus Research Program The role of carbon sequestration in long-term climate mitigation policies
Whether or not activities leading to carbon sequestration in biomass (e.g. plantations, deforestation prevention, improved agroforestry, modified agricultural practices, etc.) should be included within strategies to mitigate climate change is a matter of considerable controversy. Uncertain measurement of carbon stock, difficulty to control for possible leakage or possible non-permanence of the carbon stock are among the key arguments used against these activities. The objective of this research project is to clarify under which conditions it makes sense to use sinks within climate mitigation strategies. 
Participation of developing countries in climate policies: issues and problems
In accordance with the principle of "common but differentiated responsibility" of the UN Framework Convention on Climate Change (UNFCCC, 1992), the Kyoto Protocol (1997) imposes no greenhouse gases emission commitments on developing countries for 2008-2012. However, meeting the UNFCCC ultimate objective to “stabilize greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system” requires that action be taken in the short or medium run in all major emitting countries, including the USA and at least the largest developing countries. Failure to do so would in turn put the stability of the current coalition at great risk. To both these regards, next round of negotiations on targets – for 2013-2018 – will be critical. The objective of this research is to get insights on the conditions under which this negotiation could be successful.
Prospects of the carbon market until 2012
Understanding potential quantities and prices of GHG emission reduction units which could be exchanged on the carbon market created by the Kyoto Protocol is very important for the World Bank client countries, which stand to benefit from these mechanisms (Emission Trading and Joint Implementation for Economies in Transition, Clean Development Mechanism for Developing Countries). The objective of this research, which is also part of cross-support to the Prototype Carbon Fund team, is to follow the literature on carbon market forecasts until 2012, and to produce in-house analysis of these trends.
Management of Prototype Carbon Fundplus Research Program
The Prototype Carbon Fund is a private/public fund managed by the World Bank takes opportunity of the flexibility mechanisms created by the Kyoto Protocol to buy emission reduction credits from projects in the Bank's client countries. The Fund intends to demonstrate that carbon finance can make a successful contribution to sustainable development by building and valuing a previously non-marketed commodity: emission reductions. PCFplus Research is a research fund designed to complement the PCF by providing methodological support for PCF projects, and by building on PCF first-hand experience to draw lessons for the carbon market community at large. PCFplus Research is managed by Franck Lecocq.
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