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UN CO2 Board 'Concerned' Some Auditors Won't Validate Programs
2010-10-15 07:34:28.520 GMT
By Mathew Carr
Oct. 15 (Bloomberg) -- The executive board of the Clean
Development Mechanism, the world's second-largest carbon market,
is "concerned" that some audit firms are unwilling to validate
programs in developing nations that cut greenhouse gases.
The board wants investors to start so-called programs of
activities that cut emissions on a larger scale than single
projects. It asked a group of audit firms known as the co-
ordination forum to provide feedback at a board meeting in
Cancun, Mexico planned for the five days through Nov. 26,
according to a report on the website of the United Nations
Framework Convention on Climate Change.
For Related News and Information:
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--Editors: Stephen Cunningham, Raj Rajendran.
To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net
To contact the editor responsible for this story:
Stephen Voss on +44-20-7073-3520 or sev@bloomberg.net
