July 18, 2023

Day

The price of carbon permits is set to tumble as Europe weans itself off dirty fuels, according to a hedge fund manager who was once one of the market’s biggest bulls. Per Lekander, who profited handsomely from calling the 2018 rally in carbon prices, told the Financial Times that he was now betting on the...
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The global market for carbon credits is experiencing rapid growth, with a 50% increase in real demand observed in 2021 alone. Projections indicate that the value of the voluntary market could reach anywhere between $40 billion to $100 billion by 2030. This presents a significant opportunity for Africa, given its vast natural resources. However, the...
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