Who We Are

About TCAF

The Transformative Carbon Asset Facility (TCAF)  assists and incentivizes countries to raise their climate ambitions by implementing economy-wide or sectoral policies and programs that create conditions for private sector investments in low-carbon technologies.

Operational since 2017, and with $210 million capital, TCAF helps inform international climate negotiations with lessons learned through its engagement with developing countries.

The Transformative Carbon Asset Facility (TCAF) is a World Bank trust fund that supports countries’ efforts to implement market-based carbon pricing and to create conditions for private sector investments in low-carbon technologies.