New framework for CO2 offsets could create "cowboy carbon markets," critics warn
Corporate Knights
NOVEMBER 26, 2024
For the first time carbon credits will be recognized under the Paris Agreement, enabling countries and companies to use offsets to meet their carbon reduction targets, potentially giving a huge boost to carbon credit trading. The market in 2023 was only a fraction of this total at US$723 million, according to Ecosystem Marketplace. “We
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