Africa > EXCLUSIVE: Discredited, ageing Kyoto offsets re-emerge to taint voluntary carbon market

EXCLUSIVE: Discredited, ageing Kyoto offsets re-emerge to taint voluntary carbon market

Published 16:29 on March 22, 2021  /  Last updated at 00:13 on March 23, 2021  / Stian Reklev /  Africa, Americas, Asia Pacific, Australia, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, South & Central, US, Voluntary

Years after being widely discredited, decade-old Kyoto Protocol offsets from Russia and Eastern Europe are still in circulation in the voluntary carbon market, with nearly 2.6 million sold to companies in the EU and US by an established trading house that said some buyers are seeking the cheapest possible credits.
Years after being widely discredited, decade-old Kyoto Protocol offsets from Russia and Eastern Europe are still in circulation in the voluntary carbon market, with nearly 2.6 million sold to companies in the EU and US by an established trading house that said some buyers are seeking the cheapest possible credits.


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