Finding money to develop clean energy projects

FinanceAsia talks to Toru Kubo of the ADB about ways to finance projects and about the carbon trading market outlook.

The carbon market initiative CMI is one of the Asian Development Bank's ADB new initiatives under its clean energy and environment programme. The main aim of CMI is to help developing member countries benefit from market-based instruments under the Kyoto Protocol to promote sustainable development. Most of the existing carbon procurement funds provide payment only upon project completion and when the carbon credits are delivered. As a result, many clean energy projects face a critical upfront financing gap that prevents...

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