Posted on 08 December 2011 by admin
Loopholes in the CDM must be sealed to allow participation of African countries. Credit: Isaiah Esipisu/IPS
By Isaiah Esipisu
DURBAN, South Africa, Dec 8 (IPS) As the United Nations climate change negotiations comes to a close, environmental experts agree that carbon markets could provide the funds for climate change adaptation and mitigation projects, but only if existing loopholes are sealed to allow participation of African countries.
Posted on 07 December 2011 by admin
By Kristin Palitza
DURBAN, South Africa, Dec 7 (IPS) – Carbon pricing will be the core mechanism to finance the Green Climate Fund and with it climate change adaptation projects in developing countries.
U.N. secretary-general Ban Ki-moon said there is a pool of possible financing options for the Green Climate Fund. Credit:Kristin Palitza/IPS