Poland plans to sell part of its surplus volume of emission credits to Ireland and the World Bank and spend the proceeds on cutting output of greenhouse gases.
Poland may sell as many as 10 million tons of so-called assigned amount units, granted under the 1997 Kyoto Protocol, to the World Bank, the country said in a statement late yesterday.
It didn't disclose how many may be sold to Ireland or the values of the transactions.
The east European nation is also holding talks with Spain at a climate summit taking place in Poznan, Poland, and expects to sign a similar deal with the country later this year, Bozena Adamska, deputy director at the Polish environment ministry's Department of International Cooperation, said today in an interview in Poznan.
Bloomberg