August 9, 2023

Day

As Zimbabwe leads the way in carbon trading regulation, concerns surrounding corruption and greenwashing loom large. On 16 May, Zimbabwe’s carbon credit players were caught off guard when the government introduced mandatory regulations for the sub-sector, stipulating that 50 percent of the proceeds from the sale of carbon credits be allocated to government funds. The announcement outlined...
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Carbon markets have long been held up as efficient mechanisms to affordably achieve a safer climate future. By pricing greenhouse gas (GHG) emissions, allocating finance to climate-aligned activities, and incentivizing investment — to new technologies, key behaviors, and institutions — carbon markets promise to both protect our natural carbon sinks, such as forests, and remove the...
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