http://inhabitat.com/cop16-traffic-jams-mired-talks-and-glimmers-of-hope/ Green design & eco innovation for a better world Sat, 25 May 2013 19:09:32 +0000 hourly 1 http://wordpress.org/?v=abc http://inhabitat.com/cop16-traffic-jams-mired-talks-and-glimmers-of-hope/comment-page-1/#comment-282386 World Bank to Fund Developing Countries' Carbon Markets | Inhabitat - Green Design Will Save the World Thu, 09 Dec 2010 16:02:45 +0000 http://inhabitat.com/?p=193243#comment-282386 [...] As COP16 in Cancun, Mexico winds down this week, and high hopes for a world-wide agreement on climate change fade once again, the World Bank has stepped up announcing just yesterday that it will fund carbon markets in developing nations. The pollution credit markets are widely recognized as a way to fund clean energy projects, in turn slowing the decimation of natural resources. While the COP16 conference was meant for the world’s richest nations to address how they would assist developing nations in a sustainable way, it looks like the World Bank tossed the fight and decided to go it alone – a wise decision considering the disappointing history of these meetings. [...] [...] As COP16 in Cancun, Mexico winds down this week, and high hopes for a world-wide agreement on climate change fade once again, the World Bank has stepped up announcing just yesterday that it will fund carbon markets in developing nations. The pollution credit markets are widely recognized as a way to fund clean energy projects, in turn slowing the decimation of natural resources. While the COP16 conference was meant for the world’s richest nations to address how they would assist developing nations in a sustainable way, it looks like the World Bank tossed the fight and decided to go it alone – a wise decision considering the disappointing history of these meetings. [...]

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