The value of the global carbon credit market has experienced exponential growth, reaching a historic high of $909 billion in the past year. This surge underscores the increasing significance of carbon trading as a mechanism for mitigating climate change and fostering sustainable development worldwide. Africa, a continent endowed with abundant green energy resources, is strategically...Read More
Without clarity, experts worry that voluntary biodiversity credits, too, will offer companies yet another opportunity for virtue signaling, without actual positive impact. The governments of England and Australia, for instance, recently announced their own biodiversity credit schemes, while India has put out rules for a new green credits program — in all the schemes, credits can partly be used as...Read More