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Natsource in billion dollar green house gas transaction

Carbon asset manager Natsource has announced that two of its entities will participate in a billion dollar greenhouse gas (GHG) transaction.

Canadenis Acquisition and Tamarisk Acquisition Corporation will purchase a combined figure of approximately 23 million certified emissions reductions (CERs), to be delivered from the World Bank's Umbrella Carbon Facility (UCF). The purchase represents 24.5% of CERs made available to the private sector.

CERs are created by Clean Development Mechanism projects

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