How Brazilian Itaú plans to create the world’s first bank-led carbon credit market

0

RIO DE JANEIRO, BRAZIL – Companies around the world are using carbon offsets as a tool to implement their climate action strategies. The voluntary offset market has flourished as they seek carbon credits to neutralize greenhouse gas emissions, but its inefficiencies have also become apparent.

The process of buying credits is often complicated, with no guarantees that there will be no double counting and opaque pricing that leaves buyers and sellers guessing.

Every problem is an opportunity – and there are many companies and initiatives emerging around the world to try to solve some of them. . .

To read the full NEWS and more, subscribe to our Premium Membership. Already registered? Log in here

Previous articleBolsonaro released from Vila Nova Star hospital in São Paulo
Next articleSouth Africa, Nigeria and Taiwan trade barriers worry Brazil

The Rio Times Staff is a network of freelance journalists and bloggers from across Latin America who keep us informed of the news in their region. This information is collected, verified and processed in our editorial staff.


Source link

Share.

Comments are closed.