EMEA > Carbon credits “like giving more drugs to an addict”, says EBRD official

Carbon credits “like giving more drugs to an addict”, says EBRD official

Published 10:04 on April 30, 2025  /  Last updated at 02:06 on May 1, 2025  / /  EMEA, Nature-based, Voluntary

Compensating for carbon emissions through expensive CO2 removals projects like bioenergy with carbon capture and storage (BECCS) in rich countries “gives a wrong signal to the market” from the perspective of developing nations that struggle to attract finance for agricultural development, said a senior official at the European Bank for Reconstruction and Development (EBRD).
Compensating for carbon emissions through expensive CO2 removals projects like bioenergy with carbon capture and storage (BECCS) in rich countries “gives a wrong signal to the market” from the perspective of developing nations that struggle to attract finance for agricultural development, said a senior official at the European Bank for Reconstruction and Development (EBRD).


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