September 10, 2007

UN Launches ‘CDM Bazaar’

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A cost-free CDM Bazaar was unveiled by the UN Framework Convention on Climate Change to encourage an exchange of information among buyers, sellers and service providers involved in the clean development mechanism, AFP reports.

Under CDM, projects that reduce greenhouse gas emissions in developing countries and contribute to sustainable development can earn certified emission reduction credits.

The bazaar allows participants to post information, such as potential emission reduction projects looking for financing, CERs available for sale, buyers looking for carbon credits to purchase, services available, carbon market related events, and employment opportunities.

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