CDM officials keep mechanism on life support as financiers not seen as saviours

Published 21:24 on November 6, 2017  /  Last updated at 10:26 on November 7, 2017  /  Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

The CDM’s Executive Board has approved a plan to keep the market mechanism funded for the next two years with surplus cash, despite its declining use, as efforts by institutional investors are not seen as capable of rescuing many projects.

The CDM’s Executive Board has approved a plan to keep the market mechanism funded for the next two years with surplus cash, despite its declining use, as efforts by institutional investors are not seen as capable of rescuing many projects.

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