Change that's appropriate: NAMAs and the new carbon policy frontier |
When the United Nations Framework Convention on Climate Change (UNFCCC) meets for the Seventeenth Conference of Parties (COP17) in Durban, South Africa, many observers believe that negotiators can make concrete progress in the area of Nationally Appropriate Mitigation Actions or NAMAs for short. Broadly speaking, NAMAs are strategic initiatives undertaken voluntarily by developing countries to avoid or reduce the production of greenhouse gas emissions. This article briefly explores the different types of NAMAs currently being discussed, the support they will receive, and the implications for businesses looking to capitalize on the new carbon frontier.
Change that's appropriate: NAMAs and the new carbon policy frontier