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  • Published: Dec 9th, 2009
  • Category: Global
  • Comments: 3

UN CDM Needs More Predictable Framework, Less Delay-World Bank


LONDON -(Dow Jones)- The U.N.’s Clean Development Mechanism that encourages private sector investment in carbon-abatement projects in developing

countries needs a clearer and more predictable regulatory framework and speedier and more streamlined decision-making before emissions reductions can be scaled up, the World Bank said Monday.

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