World Bank puts up €68m to avert post-Kyoto carbon market crash

BusinessGreen staff
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Fund will buy offsets from projects in developing nations after first phase of Kyoto expires in 2012

The World Bank has launched a €68m (£57m) pot of funding aimed at enabling carbon-cutting projects to keep selling UN-backed offsets after the first phase of the Kyoto Protocol expires in 2012. A statement...

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