Press Release: European Commission to pay additional 853,000 EUR to support Kyoto’s flexible mechanisms and technology transfer

The European Commission on 12 December 2005 signed agreements with the Secretariat of UN Framework Convention on Climate Change (UNFCCC) to contribute an additional €853,000 in support of the operation of the Clean Development Mechanism (CDM) and the establishment of the International Registry System, which was to keep track of transfers of Kyoto emissions credits. This amount also included €100,000 to support information exchange on clean technology transfer.

• Primary Source

United Nations Framework Convention on Climate Change: United Nations Climate Change Conference (COP 11 and COP/MOP 1) http://unfccc.int/meetings/cop_11/items/3394.php

---