Natsource closes pool

Washington-based broker Natsource has closed its Greenhouse Gas Credit Aggregation Pool (GG-Cap), with total commitments of EUR455 million ($550 million) from 26 participants.

The GG-Cap is a 'buyers' pool' that will combine the purchasing power of the 26 participants to acquire and manage the delivery of a large volume of compliance instruments created by the project-based mechanisms included in the Kyoto Protocol.