Title: Zimbabwe to regulate carbon credit market to curb greenwashing

Language: English

Type: Blog/Article

Nature: Website

Published: May 23, 2023

Region: Sub-Saharan Africa

Country: Zimbabwe

Topic: Emission Reduction Program

Keywords: Emission Reduction Program

Document Link(s):

Document Summary:

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

Document Details:

The government now wants all carbon projects to be registered with authorities within the next two months.

It will take 50% of all revenue from carbon projects, with foreign investors limited to 30% and the balance of 20% going to local communities

Updated: January 11, 2024