| The UN's carbon trading mechanism needs an "imaginative, even bold response" following a drop in the number of new project submissions last year and a fall in demand for carbon offset credits.
To date more than 7,400 emission reductions projects in 94 countries have been registered for the Clean Development Mechanism (CDM) and more than 1.4 billion Certified Emission Reduction (CER) carbon offset credits have been issued under the UN-backed scheme..............................................Full Article: Source
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