Zimbabwe to regulate carbon credit market to curb greenwashing

ERP
Publication Date:
May 23, 2023
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Zimbabwe's government will closely regulate voluntary carbon offset trading in a bid to curb greenwashing and ensure benefits for local communities.

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

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