Wednesday, October 24, 2007

Indonesia Left Out Of Clean Development Mechanism

Okay, not really left out, here's the story:

While India and China have seen fortunes moved through their carbon markets, none of Indonesia's carbon projects have received certification from the United Nations for carbon emission trade with developed nations, an official said Tuesday.

Indonesia has since last year listed nine carbon projects to the UN Executive Board for approval.

"No certificates on carbon emission reductions (CERs) have been issued to Indonesia because project hosts have not implemented activities as stated in the clean development mechanism proposal," Liana Bratasida, assistant minister for global environmental and international cooperation at the state ministry of environment said....MORE from the Jakarta Post