Murdoch's Term of the Week: Carbon Fund

Eoin Molloy (Content Editor) Ireland

October 11, 2019

Carbon Fund:


Means the fund established for the purpose of the acquisition on behalf of the State of Kyoto Units (qv) in accordance with the United Nations Framework Convention on Climate Change and the Kyoto Protocol (qv): Carbon Fund Act 2007 s.2. The Fund is controlled and managed by the Minister for the Environment, Heritage and Local Government: (ibid s.2(3)). However, responsibility for management of the Fund has been delegated to the National Treasury Management Agency (qv): (ibid s.2(4)). See KYOTO PROTOCOLKYOTO UNITS.




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