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Browsing: Carbon Market
- In place of resolve to take responsibility for per capita emissions, polluting nations are instead pivoting towards carbon offsets to’ cancel out’ industrialised world emissions. (https://www.belongly.com/)
- Carbon markets stand to become a new economic mechanism promoting energy security in Africa.
- Africa’s forests absorb 600 million tons of CO2 yearly, more than any forest ecosystem on Earth.
Africa should become the global centre for high-value, high-integrity carbon credits, AFC says; Wholesale leases or sale of land undervalue Africa’s forestry while enabling polluters: AFC paper; AFC Foundation to prioritise conservation and regeneration of African carbon sinks through local capacity building.
At a critical moment in the fight against climate change, the world is squandering a significant opportunity by neglecting Earth’s most important natural carbon repositories – Africa’s forests, grasslands, peatlands and mangroves.
Carbon offsets market not delivering
The global carbon markets offer a pragmatic way to improve this course, with …
Therefore, carbon trading—producing and selling carbon offsets is becoming a new, lucrative, and transformative business in Tanzania. At least 20 companies are venturing into climate action-inspired business, pouring over $20 billion worth of investment.…
