October 3, 2024

Day

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...
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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....
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