Partnership for Market Implementation (PMI)

Type of Recipient
Public entity at the national level
Public entity at the regional level
Region
Europe and Central Asia
Latin America and the Caribbean
South Asia
Sub-Saharan Africa
Fund Size

USD 250 million

Co-financing Requirement
Yes
Sectors and Themes
Agriculture
Energy
Forestry and Other Land Use
Transport
Climate Objective
Mitigation
Type of Support Provider
Multilateral
Trustee or Administrator
World Bank

The Partnership for Market Implementation (PMI) assists countries in the acceleration of global decarbonization by designing, piloting, and implementing carbon pricing instruments aligned with their development priorities. It has two overarching objectives: 

  1. assist client countries design and deploy carbon pricing policies appropriate to their domestic context;
  2. and catalyze the development of the next generation of international carbon markets.

PMI currently supports more than 35 countries through national and regional programs.

The PMI comprises the anchor program, the Compact with Africa – Green Business Fund (CwA-GBF) associate trust fund, as well as the various other programs and initiatives - Carbon Pricing Leadership Coalition (CPLC), Climate Warehouse and Networked Carbon Markets (NCM), and Innovate4Climate (I4C).

Support Provider
  • Australia
  • Canada
  • European Commission
  • Finland
  • Germany
  • Japan
  • Norway
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom
Purpose of Support
Strengthening enabling environments and stakeholder capacity
Funding Type
Grants
Other
Eligibility Criteria

PMI provides implementation support to countries with demonstrated political commitment, timebound legal mandate, or an existing carbon pricing system. Readiness support and small grant targeted support are also available under the program.

Please visit the PMI's Country Engagement Program for more details.

Eligible Countries

Bangladesh, China, Indonesia, Kazakhstan, Malaysia, Pakistan, Türkiye, Vietnam, Botswana, Guinea, Senegal, Chile, Colombia, Mexico, Montenegro, Ukraine.