Africa > South Pole pausing offset sales from flagship REDD+ project amid baseline revalidation, media scrutiny

South Pole pausing offset sales from flagship REDD+ project amid baseline revalidation, media scrutiny

Published 23:24 on January 27, 2023  /  Last updated at 11:08 on January 30, 2023  /  Africa, EMEA, International, Nature-based, Voluntary  /  No Comments

Carbon credit developer and intermediary South Pole will not immediately sell recent-vintage offsets from a major African REDD+ project as the firm reassesses the initiative’s emissions baseline, the company said Friday after an investigative report argued the undertaking over-credited tens of millions of voluntary emissions reductions throughout the past decade.

Carbon credit developer and intermediary South Pole will not immediately sell recent-vintage offsets from a major African REDD+ project as the firm reassesses the initiative’s emissions baseline, the company said Friday after an investigative report argued the undertaking over-credited tens of millions of voluntary emissions reductions throughout the past decade.

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