Transformative Carbon Asset Facility (TCAF)
The Transformative Carbon Asset Facility (TCAF) is a World Bank trust fund designed to support developing countries in implementing market-based carbon pricing mechanisms and creating the conditions for private sector investment in low-carbon technologies. TCAF offers an innovative hybrid funding structure—mobilizing both climate finance and carbon market funding for payment against emission reductions.
Geographic focus
Sector appetite
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Eligible recipients
Co-financing requirement
Instruments & open calls
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Members-only detail for Transformative Carbon Asset Facility (TCAF)
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