National Decree 1070/05 (2005) Creation of the Argentine Carbon Fund
Executive
Decree/Order/Ordinance
Passed in 2005
National Decree 1070/05 has the single purpose of creating the National Argentine Carbon Fund (FAC) and to incentivise projects within the framework of The Clean Development Mechanism, as defined by Article 12 of the Kyoto Protocol. The fund is administered by the Secretary of Environment and Sustainable Development.