Africa > VCM Report: REDD credibility hits a wall and sinks standardised nature-based carbon credit contracts

VCM Report: REDD credibility hits a wall and sinks standardised nature-based carbon credit contracts

Published 18:42 on November 13, 2023  /  Last updated at 21:22 on February 1, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

The implosion of REDD credibility continued to dominate the voluntary carbon market last week with prices sliding again following news of certifier Verra suspending issuance of two connected Kenyan projects over allegations of sexual harassment and abuse by senior staff.
The implosion of REDD credibility continued to dominate the voluntary carbon market last week with prices sliding again following news of certifier Verra suspending issuance of two connected Kenyan projects over allegations of sexual harassment and abuse by senior staff.


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