Zimbabwe to regulate carbon credit market to curb greenwashing

📆 23/05/2023 10:59 PM
📰 ReutersAfrica

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 53%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Zimbabwe's government will closely regulate voluntary carbon offset trading in a bid to curb greenwashing and ensure benefits for local communities, its environment minister has said.

voluntary carbon offset market involves companies buying credits from emission reducing projects such as renewable energy or planting trees to offset their own emissions.

The government now wants all carbon projects to be registered with authorities within the next two months. "We are determined to make sure that climate finance resources, meant to empower the country, accrue to the most deserving. We do not want instances of climate washing," Ndlovu said during the launch of the new carbon market policy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sponsored Content: Newly released market intelligence reports highlight investment opportunities in the green economyEvery year, GreenCape publishes a set of green economy market intelligence reports (MIRs). These reports are free to download from GreenCape's website. They are updated annually to reflect changes in the macro environment, and highlight investment opportunities in various green economy sectors. GreenCape’s sector experts identify these investment opportunities through direct engagements with key industry players, government and leading academics.
Source: dailymaverick - 🏆 3. / 84 Read more »