Americas > VCM Report: Huge volume of REDD carbon credits retired by oil major, VCMI switches direction

VCM Report: Huge volume of REDD carbon credits retired by oil major, VCMI switches direction

Published 16:42 on February 24, 2025  /  Last updated at 16:42 on February 24, 2025  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

An oil and gas major retired a huge number of REDD carbon credits to keep the market ticking over, while the Voluntary Carbon Markets Integrity Initiative (VCMI) signalled a shift of direction in a bid to kick start wider participation in the market.
An oil and gas major retired a huge number of REDD carbon credits to keep the market ticking over, while the Voluntary Carbon Markets Integrity Initiative (VCMI) signalled a shift of direction in a bid to kick start wider participation in the market.


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