18 March 2009 Senior representatives from the Government of Portugal and its €354 million Carbon Fund joined in a seminar today with representatives of Natsource LLC to discuss the goals for and potential shape of the flexible mechanisms (Clean Development Mechanism and Joint Implementation) in a post-2012 climate change agreement. The mechanisms are an extremely important issue in the ongoing negotiations to complete a post-2012 climate agreement which could be adopted later this year in Copenhagen, and will need to play an important role in mobilizing the capital necessary to achieve long-term climate protection objectives.
Full press release.