South Africa proposes to extend timeline for use of older offsets against carbon tax

Published 19:04 on August 1, 2023  /  Last updated at 10:05 on December 12, 2023  / /  Africa, Carbon Taxes, EMEA

A pool of older offsets will have their eligibility extended for application under the South African carbon tax, according to a draft amendment released this week in a move that could boost supply in the domestic-only market that has seen offset use fall away over the past year.
A pool of older offsets will have their eligibility extended for application under the South African carbon tax, according to a draft amendment released this week in a move that could boost supply in the domestic-only market that has seen offset use fall away over the past year.


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