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Carbon market woes blunt prospects for Cameroon CDM projects

2014-01-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: An initiative to reduce greenhouse gas emissions from landfill sites in Cameroon cannot be expanded to other Central African countries as planned due to a lack of income from the troubled carbon market, its backers say. Two projects in Cameroon are registered to sell carbon credits via the U.N.'s Clean Development Mechanism (CDM), but the price of CDM offsets has slumped, blunting prospects for the landfill improvement scheme, according to officials with the state-owned Hygiene and Sanitation...

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