|Updated: 5/16/2006; 11:10:51 AM.
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Thursday, October 23, 2003
Carbon Finance at the World Bank: July 2003 presentation at a workshop on "Carbon Credits from Flare Reduction Activities" sponsored by the Global Gas Flaring Reduction Partnership (GGFR). Notable:
- greenhouse gas credits already purchased or under negotiation total approximately US$250 million
- shift into renewables and not just efficiency in last 2 years (breakdowns by region, type, and purchaser of carbon credits)
- carbon prices currently running $3-$4/tonne CO2e
- carbon finance helps solid waste management which saves on more powerful greenhouse gases
Author: Chandra Shekhar Sinha, Portfolio Manager, Carbon Finance Group The World Bank. 9:13:35 AM
Copyright 2006 © Ken Novak.
Last update: 5/16/2006; 11:10:51 AM.