| New Zealand, one of the five or six countries that have so far said it will rely on access to worldwide carbon units to meet its 2030 climate pledge, worked on the sidelines of the Paris talks to drum up support for its declaration. Already 18 countries have aligned with the declaration. "The declaration signals the importance of markets in implementing the new agreement".
The nations will develop standards and guidelines to ensure trading of carbon credits has environmental integrity, according to a statement sent by Jonathan Franklin, spokesman for Tim Groser, New Zealand's climate and trade minister...............................................Full Article: Source |