Asia Pacific > New Zealand to cancel over 16 mln privately held Kyoto units next year

New Zealand to cancel over 16 mln privately held Kyoto units next year

Published 10:52 on August 1, 2019  /  Last updated at 04:37 on August 2, 2019  / Stian Reklev /  Asia Pacific, International, Kyoto Mechanisms, New Zealand

New Zealand’s announcement this week that it will cancel all privately held Kyoto units in its registry will invalidate more than 16 million credits, according to a Cabinet paper.
New Zealand’s announcement this week that it will cancel all privately held Kyoto units in its registry will invalidate more than 16 million credits, according to a Cabinet paper.


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