UN Green Fund Could Buy Credits From Carbon Market, CEPS Says
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A suggestion by a high-level panel that the United Nations Green Climate Fund buy certain emission credits from the Clean Development Mechanism could help alleviate a supply glut, according to a research group.
Using the Green Climate Fund to buy Certified Emission Reductions, for example, “makes eminent sense and is a credible scenario that must be seriously examined,” Andrei Marcu, head of the Centre for European Policy Studies’ Carbon Market Forum in Brussels, said in an e-mailed report today.