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Multilateral Carbon Credit Fund (MCCF) is maintained by the
European Investment Bank (EIB) with the European Bank for Reconstruction and Development (EBRD)
Multilateral Investment Guarantee Agency (MIGA) with the World Bank (WB)
Global Carbon Facility (GCF) with UNFCCC
None of the above
The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) established the Multilateral Carbon Credit Fund (MCCF) as a key instrument in their strategy for combating climate change. Fully subscribed, with over €200 million in commitments, the MCCF is one of the few carbon funds dedicated specifically to countries from Central Europe to Central Asia. By joining the MCCF, private and public companies as well as EBRD and EIB shareholder countries can purchase carbon credits from emission reduction projects financed by EIB or EBRD to meet their mandatory or voluntary greenhouse gas (GHG) emission reduction targets.
By: Pradeep Kumar ProfileResourcesReport error
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