Africa > Belarus group’s 2-Mt carbon credit contribution to help launch Zimbabwe bourse revealed to be banned Russian offsets -reports

Belarus group’s 2-Mt carbon credit contribution to help launch Zimbabwe bourse revealed to be banned Russian offsets -reports

Published 04:02 on July 12, 2023  /  Last updated at 11:46 on July 18, 2023  /  Africa, Americas, Asia Pacific, EMEA, EU ETS, International, Kyoto Mechanisms, Nature-based, US, Voluntary

A donation of 2 million carbon credits made last week by a Belarusian group to kick-off trade on Zimbabwe’s new carbon exchange has been reportedly revealed to be comprised of banned Russian offsets, in a development that could further deter climate-related investment in the African nation.
A donation of 2 million carbon credits made last week by a Belarusian group to kick-off trade on Zimbabwe’s new carbon exchange has been reportedly revealed to be comprised of banned Russian offsets, in a development that could further deter climate-related investment in the African nation.


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