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Mar 4 · ZIMBABWE anticipates starting carbon trading within nine to 12 months, as it seeks to generate at least US$400 million annually from the climate securities, Environment, Climate and Wildlife Permanent Secretary Professor Prosper Matondi has said.
Since the establishment of a legal framework for regulating the carbon credit market, the Government has already received over 30 applications from project proponents.
The move aligns with the growing multi-billion-dollar global voluntary carbon offset market, where polluters of the atmosphere purchase credits from emission-reducing projects such as those on renewable energy or tree planting to compensate for their environmental ... Read more ...
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