Colombia carbon tax-linked offset cancellations slow on supply, administrative bottlenecks

Americas > Colombia carbon tax-linked offset cancellations slow on supply, administrative bottlenecks

Colombia carbon tax-linked offset cancellations slow on supply, administrative bottlenecks

Published 22:07 on September 9, 2019 / Last updated at 13:31 on September 17, 2019 / Americas, Carbon Taxes, International, Kyoto Mechanisms, New Market Mechanisms, REDD, South & Central, Voluntary Market / No Comments

The surrendering of Colombian offsets to comply with the country’s carbon tax has slowed this year due to an extreme supply squeeze and administrative delays.

(Corrects to clarify situation with VVBs and current verification activities in Colombia)

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