23.01.2009 - World Bank may prop up carbon prices
From Livemint.com: The World Bank and other development banks will support the flagging carbon markets to prevent a slump in greenhouse-gas reduction projects and protect the climate, according to a former senior executive at the World Bank. The bank can’t afford to see a precipice, a gap, in development of emissions-cutting projects such as wind farms in developing nations, Ian Johnson, formerly the World Bank’s vice- president of sustainable development, said on Wednesday at a seminar in London. The international financial institutions will be there..... Full Article: Source
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