| 30.06.2010 - Funds tap into GCC's carbon market |
| From Business24-7.ae: As news of some clean development mechanism projects initiated by the GCC governments begins to spread, funds managed by banks and financial institutions are descending on the region to tap CERs, or Certified Emission Reduction units, that can be traded on European climate exchanges. The GCC as a source of CERs is still at a fledgling stage and cannot be compared to Europe or even to China and India..............................................Full Article: Source |