A carbon market is a system designed to reduce greenhouse gas (GHG) emissions by allowing entities such as companies or governments to trade carbon credits or allowances. These credits represent the right to emit a certain amount of carbon dioxide or equivalent GHGs. The fundamental idea behind carbon markets is to provide economic incentives for...Read More
Local communities will soon have the formal ability to challenge UN-registered carbon credit projects, both during the planning phase and after the projects have been implemented. This development marks a significant shift in ensuring that the voices and rights of indigenous populations and other local groups are respected in the global push for carbon markets....Read More