Clean Development Mechanism Passes New Milestone
The 100th meeting of the UN CDM Executive Board, held earlier this year in Thailand, was a chance to reflect on the achievements of the CDM since its inception twenty years ago as part of the Kyoto Protocol. The meeting’s findings have been published in a report which highlights the mechanism’s success in “… harnessing the entrepreneurial power of markets and the private sector to meet goals on sustainable development and climate change” said CDM Executive Board Chair Arthur Rolle. Th
Carbon markets back from the brink of collapse
Carbon markets back from the brink of collapse, says World Bank.
Development of major new markets in China and reforms in Europe have provided a crucial boost as countries look at tools to cut carbon and meet their Paris climate targets