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UN Carbon Credit Program Reports $82 Million Surplus to June

2013-09-05 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The trust for the United Nations Clean Development Mechanism, the operator of the worlds biggest greenhouse gas credit program, had an operating surplus of $82 million in the 18 months through June 30, as offset supply increased. Fees and other income amounted to $141 million in the period, compared with expenses of $59.2 million, according to data in a statement on the website of the UN Framework Convention on Climate Change. The Bonn-based trust was holding $201 million, including funds carried...

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