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  • Published: May 14th, 2010
  • Category: Asia
  • Comments: 2

World Bank ready to help Oman, GCC states identify CDM projects


MUSCAT — The World Bank is willing to assist Oman and the other Gulf states identify clean-energy initiatives under the Kyoto Protocol’s Clean Development Mechanism (CDM), according to a visiting expert from the international financial institution.

Gael Gregoire, the Washington DC based body’s Carbon Finance Specialist for Sustainable Development Management in the Middle East and North Africa Region, said the institution is ready to support the Gulf region exploit potential opportunities offered by the lucrative global carbon market.

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