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By June 2023, over 37 million carbon credits, valued at between $750 million and $1 billion, each with the promise of removing a tonne of carbon dioxide from the atmosphere, had been issued.
New research shows that most areas under a federal government scheme designed to reduce carbon emissions or store carbon don't protect the habitat of threatened species.
A new study co-led by researchers at Boston University and the nonprofit Clean Air Task Force has found some of these efforts, known as forest carbon credit schemes, might not be doing much good.
Indigenous Cambodians living in a protected forest say a carbon credit scheme has led to the destruction of their crops and huts, as a two-year Human Rights Watch investigation released Thursday ...
But for these schemes to thrive at scale, they must be grounded in transparency, integrity and market relevance. By fostering dialogue, setting rigorous standards and embracing regional cooperation, ...
U.N. climate change talks in Bali last December formally launched pilot projects for a pay-and-preserve scheme that would allow developing nations to potentially earn billions of dollars by ...
The flower sector is setting up a pooled carbon credit scheme. The Kenya Flower Council chief executive officer Jane Ngige, says the industry is looking at counting all trees cultivated in each ...