World Bank unveils carbon incentive plan in Philippines

Posted by Washington Post: Juliet Eilperin on August 6th, 2012
Agence France-Presse: The World Bank said on Monday it plans to buy carbon credits from pig farms in the Philippines, helping farmers generate extra income by setting up environment friendly waste treatment facilities. Under the program it will finance the installation of such waste treatment systems that will capture methane gas from pig manure which could be used to generate electricity, thereby reducing dependence on fossil fuels. The World Bank's Carbon Finance Unit will buy carbon credits from farms that instal......

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