世界银行-通过基于成果的气候融资为发展提供资金（英）-2025.8_5页_2mb

Climate Finance Summary

Core Content

Results-Based Climate Finance (RBCF) is a financing mechanism that provides funding once pre-agreed climate results are achieved and verified. It aims to support sustainable development and climate action by linking financial incentives to measurable outcomes, such as emission reductions or removals, clean energy access, and sustainable agriculture. RBCF complements traditional activity-based climate finance by rewarding results rather than providing upfront funding.

Main Points

What is RBCF?

• Definition: RBCF is a financing model where payments are made upon the achievement of verified climate results.
• Climate Results Examples: Forest protection, renewable energy capacity installed or generated, and coastal protection structures.
• Financing Instruments: Grants, concessional loans, and carbon credits.
• Carbon Crediting: Payments are made for verified greenhouse gas emission reductions or removals, which are certified as carbon credits.
• Key Difference from Carbon Markets: Carbon credits under RBCF can be used by host countries to meet their own climate targets, whereas in carbon markets, credits are typically transferred to other countries and cannot be reused.

Benefits of RBCF

• Incentivizes Climate Action: Payments tied to results increase the likelihood of successful project outcomes.
• Supports Sustainable Development: RBCF promotes development goals such as job creation, clean energy access, and improved agricultural practices.
• Aligns with Paris Agreement: RBCF supports Article 9 and Article 6, which require developed countries to provide financial resources for climate action in developing countries.
• Enables Access to Carbon Markets: RBCF builds capacity for countries to access and participate in carbon markets.
• Co-benefits: Projects often yield additional benefits, such as improved livelihoods and market development for clean energy products.

Examples of RBCF Co-benefits

• Ethiopia: The World Bank's Carbon Initiative for Development and the Development Bank of Ethiopia improved energy access for 3.2 million people by leveraging $55.87 million from SMEs.
• Ghana: The Forest Carbon Partnership Facility (FCPF) rewarded sustainable cocoa farming with $21.7 million for 4.4 million tons of emission reductions, benefiting 241,000 farmers.

Challenges

• Additionality and Baseline Scenarios: Proving that emission reductions are necessary for a project is complex.
• MRV Capacity: Implementing entities must have the capacity to measure, report, and verify emissions, which may require prior investment in capacity building.
• Project Performance: Failure to generate carbon credits results in no payment.
• Regulatory Risk: Carbon market mechanisms may involve higher regulatory risks due to evolving standards and compliance requirements.

World Bank's Role in RBCF

The World Bank has extensive experience in developing RBCF programs and focuses on three priority areas:

1. Natural Climate Solutions: Includes forest conservation, sustainable agriculture, and blue carbon sequestration.

   • Example: In Zambia, the BioCarbon Fund Initiative generated up to $30 million in results-based payments, increasing crop yields by over 32% and creating rural jobs.
   • Example: Costa Rica received $17.5 million from the FCPF for emission reductions, with potential for up to $60 million.

2. Sustainable Infrastructure: Focuses on decarbonizing the power sector, shifting to low-emission transport, and improving waste and water management.

   • Example: In Rwanda, the World Bank's Carbon Initiative for Development purchased carbon credits from solar home systems and clean cookstoves, with the first payment made in April 2025.

3. Fiscal and Financial Solutions: Includes policy reforms and financial sector greening.

   • Example: The Transformative Carbon Asset Facility rewarded Uzbekistan with $7.5 million for reducing carbon emissions and fossil-fuel subsidies.

Scaling RBCF

• SCALE Partnership: A new initiative that builds on existing carbon crediting funds to support large-scale emission reduction programs in developing countries.
• Enhancing Access to Benefits while Lowering Emissions Trust Fund: Ensures inclusion of marginalized communities throughout the emission reduction process.

Further Resources

• Climate Explainers:
  • What You Need to Know About Results-Based Climate Finance
  • Defining Results-Based Climate Finance, Voluntary Carbon Markets and Compliance
  • Social Inclusion in Results-Based Climate Finance
  • Results-Based Climate Finance in Practice: Delivering Climate Finance for Low-Carbon Development
• Country-Specific Examples:
  • In Ghana, Sustainable Cocoa-Forest Practices Yield Carbon Credits
  • Results-Based Climate Finance to Support Mitigation Policies in Developing Countries
• Carbon Crediting: Carbon Crediting: A Results-based Approach to Mobilizing Additional Climate Financing

How to Get Support

• World Bank Climate Finance Mobilization Unit: Provides support for countries and communities to access and leverage RBCF solutions.
• Contact: For more information, reach out to the AskClimate Service Desk at askclimate@worldbank.org.