ESG & Investing

African Nations Take Big Swing to Rule Global Offset Market

  • Zimbabwe, Malawi, Zambia seek share of revenue from programs
  • Plan is to develop common platform for African nations

Rainforest in the Democratic Republic of the Congo.

Photographer: Michael Gottschalk/Photothek/Getty Images

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As home to the world’s second-biggest rainforest, the largest tropical peatlands, and swathes of mangroves, governments across the African continent appear to be in a good position to benefit from the growing global trade in emissions offsets.

Right now, however, they barely do. And that’s something they want to change.