Africa > Germany, World Bank gear up for €20m N2O offset auction

Germany, World Bank gear up for €20m N2O offset auction

Published 17:49 on June 5, 2018  /  Last updated at 10:46 on June 6, 2018  /  Africa, Americas, Asia Pacific, China, EMEA, International, Kyoto Mechanisms, Mexico, Middle East, Other APAC, Paris Article 6, South & Central, Switzerland, US, Voluntary  /  No Comments

The World Bank will host at least one more reverse auction to buy €20 million ($23.4 mln) in carbon credits from N2O abatement projects as part of a German programme to encourage host developing countries to eventually regulate those emissions.

The World Bank will host at least one more reverse auction to buy €20 million ($23.4 mln) in carbon credits from N2O abatement projects as part of a German programme to encourage host developing countries to eventually regulate those emissions.

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