The latter aspects of the PCF are the focus of this article. This article begins by describing the backdrop against which the PCF was established and the reasons for its development. The article then describes the novel issues of international trust funds and securities law that were encountered during the Fund’s formation and the manner in which they were resolved.
Smyth, Sophie. "The Prototype Carbon Fund: A New Departure in International Trusts and Securities Law." Sustainable Development Law & Policy, Spring 2005, 28-34, 80-81.