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First Climate in Platts Emissions Daily: €100 million climate fund to exclude industrial gas projects: manager

A new €100 million ($137 million) German fund for investing in Kyoto Protocol greenhouse gas emissions offset credits will avoid investing in high-yield industrial gas mitigation facilities, a senior source involved in the fund said Monday.
London, UK, March 17, 2010


Stefan Kleeberg, managing director at Frankfurt-based First Climate Markets, said the fund will invest in the UN’s Clean Development Mechanism and Joint Implementation schemes to generate carbon offset credits for the post-2012 period.

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Source: Platts Emissions Daily, Volume 6 / Issue 53 / Wednesday, March 17, 2010

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