U.K. Climate Envoy Hession Vies to Head UN CO2 Market

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Martin Hession, vice chairman of the United Nations Clean Development Mechanism, is vying to lead the executive board over the world’s second-largest carbon market.

Board members will select the new CDM chairman at their next meeting, which begins Feb. 14 in Bonn, according to information on a UN website. Clifford Mahlung, the CDM’s current head, is due to end his one-year term in February.