Murdoch's Term of the Week: Carbon Fund

With Budget 2020 placing a huge emphasis on climate action, perhaps it is time to get reacquainted with previous attempts at combating this global issue. This week's TOTW offers concise insight into the fund set up following the Kyoto Protocol.


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.



Murdoch and Hunt's Encyclopedia of Irish Law (MHEIL) is a fully interlinked and searchable legal database, designed to function as an aide memoire for busy practitioners. To add MHEIL to your subscription or to organise a free trial, click the button below.

Free Trial


BPro Tax

Scottish Law & Tax Online

Online access to Bloomsbury Professional Scottish Law & Tax books, looseleafs and journals. Free Trial

Need Help?

Bloomsburyprofessionallaw If you need any help with finding publications or just ask a question. Talk to an Advisor: 01444 416119
or send us a message