CO2 Management > Engineered Removals > Voluntary carbon market could have role in raising a 50-fold funding increase to end deforestation -report

Voluntary carbon market could have role in raising a 50-fold funding increase to end deforestation -report

Published 15:13 on April 19, 2023 / Last updated at 08:27 on April 20, 2023 / / CO2 Management (Engineered Removals), International, Nature-based Carbon (Forestry), Net Zero Transition (Power/Electrification), Voluntary (VCM Developments)

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Companies buying carbon credits, alongside government grants and philanthropic donations, will have to raise at least $130 billion a year to end tropical forest deforestation this decade, a think-tank said in a report on Wednesday.
Companies buying carbon credits, alongside government grants and philanthropic donations, will have to raise at least $130 billion a year to end tropical forest deforestation this decade, a think-tank said in a report on Wednesday.


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