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Oil-rich Guyana to supply CORSIA-eligible credits in boost to global carbon trade

March 1, 2024 Comments Off

Guyana will supply millions of carbon credits eligible under phase one of the Carbon Offsetting and Reduction Scheme for International Aviation scheme, the government said late Feb. 28. This key development in international emissions trading paves the way for increasing the supply of CORSIA-eligible credits in the market, and market participants hope this will encourage other host countries to take…