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Rich nations to start fund to help cut methane emissions abroad

2014-03-21 21:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Nations including the United States and Sweden are advancing plans to launch a new fund this year to pay for methane emission reduction projects in the developing world. The countries are aiming to set up a so-called Methane Abatement Facility with pledges of $100 million under the auspices of the World Bank to buy and cancel carbon credits, initially from projects that cut emissions at landfill waste sites. The aim is to deliver fast-acting cuts to greenhouse gas output blamed for climate...

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