Gazprom Marketing & Trading and ecolutions collaborate on CDM

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The two entities are targeting the market for Clean Development Mechanism (CDM) projects, under the Kyoto Protocol.

Under the co-operation agreement, ecolutions will develop CDM projects through equity investment or carbon credit off-take, while GM&T will provide route-to-market for the certified emissions reductions generated by the projects.

Vitaly Vasiliev, chief executive officer of Gazprom Marketing & Trading, says the co-operation agreement will add to the firm's existing work in the South