Natsource in billion dollar green house gas transaction
Carbon asset manager Natsource has announced that two of its entities will participate in a billion dollar green house gas (GHG) transaction.
Canadenis Acquisition and Tamarisk Acquisition Corporation will purchase a combined figure of approximately 23million certified emissions reductions (CERs), to be delivered from the World Bank’s Umbrella Carbon Facility (UCF). The purchase represents 24.5% of CERs made available to the private sector.
CERs are created by Clean Development Mechanism projects, which reduce GHG emissions and create
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