EMEA > Africa > Rating agency delists Kariba REDD project after awarding lowest score possible

Rating agency delists Kariba REDD project after awarding lowest score possible

Published 18:48 on October 31, 2023 / Last updated at 18:48 on October 31, 2023 / / EMEA (Africa), Nature-based Carbon (Forestry), Voluntary (VCM Governance)

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The troubled Kariba REDD project suffered another blow to its reputation on Tuesday after a rating agency downgraded its carbon credits to the lowest possible score, but also took the unusual step of delisting the project from further assessment in the future.
The troubled Kariba REDD project suffered another blow to its reputation on Tuesday after a rating agency downgraded its carbon credits to the lowest possible score, but also took the unusual step of delisting the project from further assessment in the future.


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