US climate envoy Kerry outlines carbon offset initiative for developing nations - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

US climate envoy John Kerry on Sunday outlined core principles for a “high-integrity” carbon offset plan meant to help developing nations speed their energy transition, and next steps including establishing a consultative group.

FILE PHOTO: John Kerry, US Special Envoy for Climate speaks as he attends the opening of the American Pavilion in the COP27 climate summit in Egypt's Red Sea resort of Sharm el-Sheikh, Egypt November 8, 2022. REUTERS/Mohammed Salem/File PhotoFILE PHOTO: John Kerry, US Special Envoy for Climate speaks as he attends the opening of the American Pavilion in the COP27 climate summit in Egypt's Red Sea resort of Sharm el-Sheikh, Egypt November 8, 2022.

Kerry told the Atlantic Council Global Energy Forum in Abu Dhabi the aim was to create bankable deals to accelerate reduction of emissions, stressing that the ETA was not a substitute for other funding sources and would be time-limited. Such schemes, in which companies get emissions credits in return for channelling cash to poor countries that cut their carbon output, have often been riddled with fraud and double-counting.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 37. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Three months since term of SABC Board ended - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Today marks exactly three months since the term of the previous SABC board’s term ended. The public broadcaster remains without a board. No one cares.... the board ll be appointed prior to the general elections so they can influence. now it's not necessary Gorillas in the mist🤣🤣🤣🤣👍
Source: SABCNews - 🏆 37. / 51 Read more »