Reassured optimism trumped US leadership worries at COP22

Reassured optimism trumped US leadership worries at COP22

Carbon Pulse

Carbon finance is still a key funding mechanism for many low-carbon projects, and there was no shortage of opportunities at COP22. Perhaps the best example was the Climate Vulnerable Forum (CVF), a group of 47 climate-vulnerable countries who at COP22 committed to 100% renewable energy “as soon as possible”. With the lack of financial commitments from developing nations, the CVF represents a significant opportunity to display the capacity of the voluntary carbon market to help countries bridge their funding gaps – especially when there are already projects issuing VERs in small islands states…

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