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U.N. panel smoothes path for African CO2 reduction schemes

2013-06-08 12:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Developers of emission reduction projects in ten African nations face less red tape to earn carbon credits after a U.N. panel last week agreed rule changes it hopes will re-invigorate its ailing carbon market. The Executive Board of the Clean Development Mechanism (CDM) on Friday agreed the first two areas for which developers could share greenhouse gas data, simplifying rules that previously forced them to estimate emission figures for every project. "This is an important event in the evolution...

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