World Bank PAF Second Auction and Consultation Series

The Pilot Auction Facility for Methane and Climate Change Mitigation (PAF) is pleased to announce the date and parameters of its second auction, as well as the release of the Bidder Application Package. In addition, PAF will host a series of informational consultations and webinars in the coming weeks to provide an update on its upcoming second auction.

The second auction is scheduled for 12 May 2016 and will have a budget of $20 million. It will be a forward auction, where the price guarantee for emission reductions is fixed at $3.50 per ton and the premium cost to purchase the price guarantee will be bid up, starting at $0.06 per ton. The full list of parameters can be found on the PAF website.

Parties wishing to receive the Bidder Application Package can do so by sending an email to paf_secretariat@worldbank.org. PAF will offer price guarantees to projects that reduce greenhouse gas emissions in the solid waste, wastewater or agricultural waste sectors. Interested colleagues are invited to review the second auction eligibility criteria, frequently asked questions and explanatory videos on the PAF website.

The series of informational consultations and webinars includes two webinars and six in-person meetings, the last of which will take place at GMI’s Global Methane Forum on 28 March 2016. These events will provide an overview of the auction’s eligibility criteria, parameters, and timeline, as well as the steps required to participate in the auction. Attendees will also have the opportunity to receive direct answers to their questions regarding the second auction. You will find below the complete list of events with corresponding registration links. For more information, see the events page on the PAF website.

Location Date Time* Venue Address Registration
London Monday, 7 March 2016 10:00 – 12:00 The Millennium Gloucester Hotel 4-18 Harrington Gardens, London, GB SW7 4LH, United Kingdom Register
Zurich Wednesday, 9 March 2016 16:30 – 18:00 The Sheraton Zurich Hotel Pfingstweidstrasse 100, 8005 Zürich, Switzerland Register
New Delhi Wednesday, 16 March 2016 08:30 – 10:30 The Silver Oak, India Habitat Centre Lodhi Road, New Delhi, Delhi 110003, India Register
Bogotá Friday, 18 March 2016 10:00 – 12:00 Bogotá World Bank Office Cr 7 # 71 – 21, Torre A, piso 16, Bogotá, Colombia Register
São Paulo Monday, 21 March 2016 09:30 – 12:00 São Paulo, IFC Office R. James Joule, 65, São Paulo – SP, 04576-080, Brazil Register
Webinar 1 Wednesday, 23 March 2016 09:00 – 11:00 Webex Online Register
Webinar 2 Wednesday, 23 March 2016 20:00 – 22:00 Webex Online Register
Washington, DC Monday, 28 March 2016 14:00 – 16:00 Georgetown University Hotel and Conference Center 3800 Reservoir Rd NW, Washington, DC 20007 Register

*all times in local time, in the time zone of the location of the event

Should you have any questions, please email paf_secretariat@worldbank.org. If you would like to receive emailed updates directly from the PAF, please subscribe using this form.

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