The Carbon Partnership Facility (CPF) is one of the World Bank’s major new carbon finance instruments targeting  the post-2012 period (the Kyoto Protocol's  first commitment period ends on December 31, 2012).  The CPF's objective is to develop emission reductions and support their purchase, on a larger scale through the provision of carbon finance to long-term investments. In order to scale up carbon finance, the CPF will collaborate with governments and market participants on investment programs and sector-based interventions that are consistent with low-carbon economic growth and the sustainable development priorities of developing countries...More