Ricardo has a proven track record of designing and implementing robust carbon market mechanisms that deliver environmental and economic progress.
Creating impactful market mechanisms to support a low carbon economy
Our work brings together expertise on policy design, capacity building and technical expertise in industrial emissions abatement, renewable energy deployment, climate finance, measurement, reporting and verification, and inventory design. Our insightful analysis of the impacts created from linking systems and through the use of offset credits, including price impact, harmonisation, creates mechanisms to support the development and deployment of clean technologies.
System design (including sector and GHG coverage), choice of regulated entity, and interactions with existing policies and enforcement regimes.
Cap-and-target setting, underpinned by technical analysis of sectoral abatement potential. Allowance distribution options including developing benchmarks and approaches to auctioning.
Analysis of impact of linking systems and use of offset credits, including price impact, harmonisation and price stability mechanisms. Developing complementary mechanisms to support the development and deployment of clean technologies.
Our experts support the monitoring and evaluation of carbon market implementation from evaluating carbon leakage and competitiveness impacts, through to developing MRV frameworks and guidance to support transparency related to national and subnational climate commitments. In addition, our experts have extensive experience of developing emissions inventories and registries.
A market-based mechanism in Jordan
Developing the World Bank Partnership for Market Readiness (PMR) Proposal for market-based measures in Jordan.
Energy efficiency trading
Study on energy efficiency trading in China for the World Bank, including interactions with carbon pricing and renewable energy certificates.
Emissions trading system
Developing option for linking the European Union Emissions Trading System (EU ETS) with third-party trading systems, including registry accounting mechanisms.
This service is offered within the following sectors.