Africa Must Grasp Carbon Funds for Development - UN
Africa must grasp funds generated by carbon credit trading to pay for cleaner, cheaper energy and help fight climate change that threatens to undo years of economic development, the UN climate chief said on Wednesday. Yvo de Boer, attending the first pan-African carbon-trading forum designed in part to match specialist investors with low-emission projects in Africa, said African countries had been discouraged by low carbon investment relative to other regions.