Gold Standard, a prominent verifier of carbon offsets, has recently made the decision to temporarily suspend the issuance of credits for projects based in Zimbabwe. This announcement comes as a response to Zimbabwe’s earlier declaration to claim fifty percent of the revenue generated from these transactions. The spokesperson for Gold Standard confirmed via email that...Read More
As countries around the world race to combat the effects of climate change, carbon trading continues to gain traction. Carbon trading is the buying and selling of permits of carbon credits that allow the holder to emit a certain amount of carbon dioxide and other greenhouse gases (GHGs). Financial site Investopedia defines a carbon credit...Read More