New Zealand floats proposal for international carbon trade ahead of COP23 UN climate talks

Published 13:08 on October 4, 2017  /  Last updated at 16:03 on October 4, 2017  /  Asia Pacific, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, New Zealand  /  No Comments

New Zealand has submitted draft guidance to the UN on accounting procedures for international carbon trade under the Paris Agreement that would see annual publication of all transactions and tougher requirements for nations wishing to participate in a future market.

New Zealand has submitted draft guidance to the UN on accounting procedures for international carbon trade under the Paris Agreement that would see annual publication of all transactions and tougher requirements for nations wishing to participate in a future market.

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