>> World Bank Carbon Fund 

The World Bank, in anticipation of the ratification of Kyoto protocol has put in place the World Bank Prototype Carbon Fund and has, since, 1997, received money from interested parties worldwide to investigate and implement such fund which is designed to pool investment funds from potential buyers of carbon credits and place those funds in projects (either by way of straight investment or equity participation) that will realise tradeable carbon credits.

The trust fund opened on the 1 November 1999 and closed on the 28 February 2000. The World Bank looked for a minimum of US$50- 60 million subscription and anticipated that subscriptions would amount to US$150- 200 million based on the current level of interest.