Let us examine the financing sources and uses of the Fund and the incentives of participating countries through an example. The following three-country example is based on the following assumptions. (For a discussion of the financing related issues please see this blog entry ). The agreement comes into effect and the Fund starts operations in 2017. The price of carbon is set at USD 50 per ton of CO2e in 2017 prices. All figures in the example are in 2017 real values. The thr