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Costa Rica to sell 16 million tonnes carbon credits

Monday, November 4, 2013


Costa Rica expects to sell 16 million tonnes of carbon credits over eight years on its new carbon exchange, the first for Latin America.

Launched last month, the exchange provides a forum for tradable certificates that confer the right to emit one tonne of carbon dioxide.

"It will be a common base to fight climate change and help the country reach its goal of carbon neutrality," Environment and Energy Minister Rene Castro said.


 

Source: Reuters