Africa > COP23: Germany puts €50m towards N2O abatement, eyes €20m in offsets via World Bank auction platform

COP23: Germany puts €50m towards N2O abatement, eyes €20m in offsets via World Bank auction platform

Published 14:30 on November 10, 2017  /  Last updated at 11:39 on June 5, 2018  / Ben Garside /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Other APAC, Paris Article 6, South & Central, Voluntary

Germany will spend €50 million in directly funding N2O nitric acid abatement in developing countries and is aiming put an additional €20 million towards buying CDM or voluntary offsets via the World Bank’s auction platform emerging out of the Pilot Auction Facility (PAF).
Germany will spend €50 million in directly funding N2O nitric acid abatement in developing countries and is aiming put an additional €20 million towards buying CDM or voluntary offsets via the World Bank’s auction platform emerging out of the Pilot Auction Facility (PAF).


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