Former president Jacob Zuma with a carbon credits cheque on behalf of the Belarus African Foreign Trade Association.The mystery around the donation of 2 million carbon credits to a new Zimbabwean-based carbon exchange platform by the Belarus Africa Foreign Trade Association has deepened with an authoritative industry source reporting that Belarus has never earned carbon credits itself that it could donate.
The presentation of the credits was done by former South African president Jacob Zuma, a board member of Bafta, who handed over a novelty cheque at a meeting in Victoria Falls on Friday. The cheque was for 2 million"emission reduction units" . Carbon Pulse, a subscription newsletter on carbon pricing and climate change policies, on Monday described the credits as"questionable". Carbon credits are issued under the Kyoto Protocol Joint Implementation Scheme and are created when a project causes a reduction in carbon emissions that would have gone into the atmosphere. The credit can then be sold to an emitter, enabling it to decrease its own emissions and therefore its carbon tax burden.
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