Study on Using the Climate Auction Model to Catalyse Energy, and Resource Efficient Buildings
The Pilot Auction Facility (PAF) is an auction-based pay-for-performance mechanism that was originally developed by the World Bank to attract investment to projects that reduce methane emissions. The purpose of this study was to assess whether the...
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| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/457161573702239652/Study-on-Using-the-Climate-Auction-Model-to-Catalyse-Energy-and-Resource-Efficient-Buildings http://hdl.handle.net/10986/32643 |
| Summary: | The Pilot Auction Facility (PAF) is an
auction-based pay-for-performance mechanism that was
originally developed by the World Bank to attract investment
to projects that reduce methane emissions. The purpose of
this study was to assess whether the PAF climate auction
model could be translated effectively to the residential new
building sector. A qualitative review of six countries was
carried out to inform the basic conditions that would need
to be met for the climate auction mechanism to be
successfully rolled out to the residential building sector.
India was then selected as a case study to carry out a
quantitative assessment of the potential impact of the mechanism. |
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