Americas > ANALYSIS: Colombia’s tax reforms slow demand for voluntary carbon credits as supply pool shrinks

ANALYSIS: Colombia’s tax reforms slow demand for voluntary carbon credits as supply pool shrinks

Published 13:08 on March 12, 2024  /  Last updated at 13:08 on March 12, 2024  / Roy Manuell /  Americas, Carbon Taxes, International, Kyoto Mechanisms, Nature-based, South & Central, Voluntary

Colombian reforms of offset use against its carbon tax have weakened demand for voluntary credits in the country, and a strong rise in issuances from domestic standards has done little to counterbalance dwindling supply figures as participants' focus shifts to the international market.
Colombian reforms of offset use against its carbon tax have weakened demand for voluntary credits in the country, and a strong rise in issuances from domestic standards has done little to counterbalance dwindling supply figures as participants' focus shifts to the international market.


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