Africa > Zimbabwe backtracks on carbon credit revenue grab, but will still take 30% -media

Zimbabwe backtracks on carbon credit revenue grab, but will still take 30% -media

Published 17:40 on August 18, 2023  /  Last updated at 18:12 on August 18, 2023  / /  Africa, Nature-based, Paris Article 6, Voluntary

Zimbabwe has reportedly rolled back on its plans to take half of all carbon credit sale proceeds and ringfence a further 20% for local communities in the wake of concerns from investors, while neighbouring Mozambique intends to set out its own carbon trade framework next year.
Zimbabwe has reportedly rolled back on its plans to take half of all carbon credit sale proceeds and ringfence a further 20% for local communities in the wake of concerns from investors, while neighbouring Mozambique intends to set out its own carbon trade framework next year.


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