January 19, 2024

Day

Mongabay recently unveiled a comprehensive five-part series delving into the intricacies of the carbon trade and its role in addressing climate change. The carbon credit exchange, primarily employed to offset emissions, came under unprecedented scrutiny in 2023, with a significant portion of criticism directed towards credits from REDD+ projects (reducing emissions from deforestation and forest...
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Renewable energy schemes constitute a significant majority, accounting for four-fifths of projects from the Kyoto era aiming to continue selling offsets under Article 6. This prevalence has raised concerns regarding the credibility of the emerging market. The dominance of renewable energy projects suggests a potential concentration within a specific sector, prompting questions about the market’s...
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