Monday, January 20, 2020

Danes target grey zone in OECD rules on aid and carbon credits

A new Danish strategy paves the way for using aid to finance CDM projects from which Denmark can buy carbon credits.

Denmark could become the first donor to establish a direct link between its aid spending and its purchase of carbon credits.

This would force the OECD/DAC to set a price on the credits that will then be deducted from the ODA, as agreed by donors in 2004.

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