Output-based Aid and Carbon Finance

Carbon finance is an output-based approach to mitigating climate change. Under the Kyoto Protocol’s project-based mechanisms—the Clean Development Mechanism and Joint Implementation— projects in developing and transition economies that reduce greenhouse gas emissions can receive “carbon credits…

Date: 2006

Type: OBApproaches

Tags: Climate Change

Output-Based Aid in the Philippines: Improving Electricity Supply on Remote Islands

The Philippines has introduced an output-based aid (OBA) subsidy scheme to improve electricity supply on remote islands as a way to enhance living standards in the poor communities there. The subsidy, to come from a national fund financed by a surcharge on all electricity users, will be paid to…

Date: 2006

Type: OBApproaches

Tags: Energy, Fragile Situations