Africa > Egypt seen opting for voluntary carbon market rather than CO2 tax -media

Egypt seen opting for voluntary carbon market rather than CO2 tax -media

Published 15:48 on August 27, 2024  /  Last updated at 15:48 on August 27, 2024  / /  Africa, Carbon Taxes, EMEA, Middle East, Voluntary

Egypt officially launched its regulated voluntary carbon market (VCM) this month, weeks after reports that the cabinet was working on late-stage drafts of carbon tax regulations, and the VCM-based incentive system could ultimately supplant taxation, according to local media reports.
Egypt officially launched its regulated voluntary carbon market (VCM) this month, weeks after reports that the cabinet was working on late-stage drafts of carbon tax regulations, and the VCM-based incentive system could ultimately supplant taxation, according to local media reports.


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