(Reuters) – Investors in the United Nations’ Clean Development Mechanism (CDM) now have more confidence in the carbon offset market after 2012 after the number of post-2012 carbon credit deals rose in recent weeks. The CDM is part of a U.N. treaty to fight climate change, the Kyoto Protocol, whose first commitment period (2008-2012) sets emissions targets for rich nations that drive demand for carbon credits called certified emissions reductions (CERs).
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