Carbon markets, carbon credits
A partnership between seventeen companies and six governments, and managed by the World Bank, the Prototype Carbon Fund (PCF) became operational in April 2000. As the first carbon fund, its mission is to pioneer the market for project-based greenhouse gas emission reductions while promoting sustainable development and offering a learning-by-doing opportunity to its stakeholders. The Fund has a total capital of $180 million.
For references, please go to www.eea.europa.eu/soer or scan the QR code.
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