Indian cookstove credit prices fall amid preference for African projects

Indian cookstove credits were falling at a sharper rate than African equivalents amid stronger demand for projects in UN-designated least developed countries or LDCs, market sources said Dec. 29. Offers for African credits were currently being heard at around $10-$11/mtCO2e for non-LDC countries and $11-$12/mtCO2e for LDC countries, down around 50 cents-$1/mtCO2e from September-October levels, market sources said. Offers for…

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