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The Netherlands European Carbon Facility |
| The Netherlands, acting through its Ministry of Economic Affairs, the World Bank and the International Finance Corporation (IFC) in August 2004, signed an agreement appointing the World Bank and the IFC as Trustees of the Netherlands European Carbon Facility, in order to purchase greenhouse gas emission reductions for the benefit of the Netherlands. The Facility purchases emission reductions from JI projects only, i.e. from projects located in countries with economies in transition and has a total capital of $56 million. |
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Featured Resource
Carbon Finance Unit Annual Report 2006
 This report of the carbon funds managed by the World Bank covers the period from July 1, 2005 through August 31, 2006. Notes: All $ = U.S. dollars (unless otherwise indicated). The U.S. dollar/ euro exchange rate used in this report = 1.25. One ton = 1000 kilograms (one metric tonne). All greenhouse gas emission reductions are measured in tons of carbon dioxide equivalent (tCO2e). This report is provided for informational purposes only. The carbon funds reported on are not legal partnerships. No warranties or representations are made as to the accuracy, reliability or completeness of any information herein. To request a hardcopy of the report, please contact the Carbon Finance Helpdesk.
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