Thursday, 10 December 2009

Finance mention

A small but useful development has seen finance from bunkers mentioned in a non-paper on finance and governance from the UK, Mexico, Norway and Australia. This is new for Australia and Mexico and a nice return to the issue for the UK. Finance is important because using revenues from a bunker financial instrument for mitigation and adaptation in developing countries might be a way of winning developing country support for a sectoral approach to reducing emissions from aviation and shipping.

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