|Updated: 11/24/2005; 11:45:50 PM.
Sustainable Energy for Development: People, organizations, and projects active in environmentally benign energy sources for developing countries.
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 2005 © Ken Novak.
Last update: 11/24/2005; 11:45:50 PM.