ESG & Investing

Big Carbon-Offsets Project to Be Withdrawn From Key Ledger

Photographer: Cynthia R Matonhodze/Bloomberg
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One of the world’s biggest carbon-offset projects is being withdrawn from a key registry and standards body, in a move that once again adds confusion to the troubled market for CO2 credits.

Carbon Green Investments, a company that owns and operates offset projects, says it’s removing the Kariba forestry project in Zimbabwe from Verra’s registry, effective immediately, according to an emailed statement.