Bloomberg: The United Nations climate secretariats head of carbon-market demand encouraged countries to use existing credits created under the Kyoto Protocol to meet emission-reduction targets even after that pact ends in 2020.
While some countries plan to cancel certain existing credits, Niclas Svenningsen said the UN Framework Convention on Climate Change hasnt received such instructions and doesnt intend to delete offsets in its registry. Using UN credits would spur demand in a market that some perceive...