Africa > ANALYSIS: Experts caution “opportunistic” Zimbabwe carbon deals bonfire to have wider-ranging consequences for voluntary market

ANALYSIS: Experts caution “opportunistic” Zimbabwe carbon deals bonfire to have wider-ranging consequences for voluntary market

Published 22:15 on May 17, 2023  /  Last updated at 18:31 on May 18, 2023  / Roy Manuell /  Africa, EMEA, International, Nature-based, Paris Article 6, Voluntary

Zimbabwe's decision to void all existing carbon credit agreements and cream off future revenues from credit sales is an opportunistic move that could render offset projects in the country and elsewhere unattractive or unviable, while also potentially spurring other nations demand similar concessions, stakeholders told Carbon Pulse.
Zimbabwe's decision to void all existing carbon credit agreements and cream off future revenues from credit sales is an opportunistic move that could render offset projects in the country and elsewhere unattractive or unviable, while also potentially spurring other nations demand similar concessions, stakeholders told Carbon Pulse.


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