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    • News

    UN OKs Funding of 32 Wind Farms in China

    By Ivy Mungcal // 15 February 2010

    A United Nations panel approved for carbon financing 32 Chinese wind farms but rejected six others, Reuters reports. The 32 wind farms will reduce greenhouse gas emissions by approximately 11.3 million tons by 2012, when the current Kyoto climate change deal expires. Funding for the programs will be sourced from the Kyoto pact’s clean development mechanism, which allows companies to invest in clean energy projects in emerging economies.

    • Environment & Natural Resources
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ivy Mungcal

      Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.

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