World Resources Institute
For Electricity Market Design For Deep Decarbonization
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Amount$235,000
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Program
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Date Awarded10/31/2019
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Term12.0 Months
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Type of SupportProject
Overview
Rapid decarbonization of electricity generation is essential to fighting climate change. Organized wholesale markets account for roughly two-thirds of U.S. generation. These markets are "designed" by policymakers, and current designs are not compatible with deep decarbonization. The project will work with academics and practitioners to develop new models for electricity markets around deep decarbonization and variable renewable energy.
About the Grantee
Grantee Website
www.wri.org
Address
10 G Street NE, Suite 800, Washington, DC, 20002-4252, United States
Grants to this Grantee
for developing and implementing green and transition finance strategy in China
Using research-based approaches, World Resources Institute works globally and in focus countries to meet people’s essential needs, to protect and restore nature, and to stabilize the climate and build resilient communities. This grant will support the organization in catalyzing more transition finance to accelerate industrial decarbonization in China. It aims to support the finance market and policy readiness, while improving financial and corporate institutions’ ability to implement transition finance taxonomies in the petrochemical and cement sectors. (Substrategies: China National Policy and Industry)
for WRI China’s organizational planning and design
This grant aims to enhance WRI China's governance and build internal capacity to better support growth and impacts in the following 5-10 years.
for U.S.-China High-Level Dialogue on Energy and Climate Change
This grant to the World Resources Institute will fund the continuation of the Track II climate dialogue between senior nongovernmental advisors and former government officials from the U.S. and China. These talks provide the opportunity to raise and address issues in less formal forums and build trust for the time when climate policy is back on the agenda of the U.S. and China. The project will work with actors from across the political spectrum, with the aim of building ambition on both sides. This grant will support convening and analysis. (Substrategy: Multilateral)