UN strikes compromise CDM deal in effort to avert shutout ahead of Paris decision

Published 16:41 on December 14, 2020  /  Last updated at 00:09 on December 15, 2020  /  Americas, Asia Pacific, Aviation/CORSIA, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central, South Korea, Voluntary Market  /  No Comments

UN officials agreed on Monday “temporary measures” intended to maintain the CDM into 2021 and serve as a stopgap until countries can decide whether the offset mechanism can transition into the Paris Agreement era.

UN officials agreed on Monday “temporary measures” intended to maintain the CDM into 2021 and serve as a stopgap until countries can decide whether the offset mechanism can transition into the Paris Agreement era.

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