Africa > FEATURE: New initiative weighs up carbon markets as financial mechanism to incentivise keeping oil underground

FEATURE: New initiative weighs up carbon markets as financial mechanism to incentivise keeping oil underground

Published 10:37 on January 26, 2024  /  Last updated at 14:42 on January 29, 2024  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Middle East, Paris Article 6, US, Voluntary

A fresh initiative is spearheading the idea of compensating resource-rich nations for leaving oil reserves untapped, with potentially significant benefits for climate mitigation and the carbon markets.
A fresh initiative is spearheading the idea of compensating resource-rich nations for leaving oil reserves untapped, with potentially significant benefits for climate mitigation and the carbon markets.


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