Monday, February 17, 2020

Aid-funded studies lead to Danish carbon credit purchase

Danish aid financing has resulted in the acquisition by Denmark of CDM quotas from three palm oil projects in Malaysia equivalent to 245,000 tonnes of carbon.

Denmark has signed purchase agreements for carbon credits from 25 CDM projects in total, and actively integrates aid instruments into its quota purchase programme.

Norway, about to enter the CDM market, has a different approach to the use of ODA.

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