Paulo Lyimo

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The voluntary carbon market (VCM) is best understood as the global trade in rights to claim responsibility for specific reductions of greenhouse gas (GHGs) emissions, or outright removals of GHGs from the atmosphere­. These rights are traded by companies as tokens known as carbon credits, which can be sold multiple times. Carbon credits are often...
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A number of major carbon traders are finding that offsets they bought may now be valueless. Trafigura Group, the world’s largest trader of carbon removal credits, has suspended a consignment as it awaits the results of an investigation into the forestry project behind the units. The situation has led the company to replace the offsets...
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