China, Chile, Costa Rica, and Mexico to Present Carbon Market Plans

China, Chile, Costa Rica, and Mexico will present their plans for the deployment of market-based programs to reduce greenhouse gas emissions at a March 11-13 World Bank program.  The World Bank will consider these plans for funding assistance under the Partnership for Market Readiness.  This program provides grants and technical assistance to support the development of market-based approaches for reducting greenhouse gas emissions.  As the number of carbon trading programs develop in numerous countries, it will be interesting to observe the efficacy of these programs and the degree to which trading across or among jurisdictions, as well as the similarities and differences between the regulations forming the emissions markets.