Thursday, 30 June 2011

EU says CDM projects may be eligible post 2012

The European commission on 24 June clarified rules on UN measures that could help scale up programmatic CDM projects and ensure more foreign offsets are eligible for the EU ETS after 2012.

Under current EU rules, if a CDM project is registered after 2012 its credits will only be eligible for use in the EU’s carbon market if the scheme is located in a least developed country (LDC)

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