Tag Archives: CFOCUS

Focus: Carbon credit market confidence ebbs as big names retreat

Focus: Carbon credit market confidence ebbs as big names retreat

LONDON, Sept 1 (Reuters) – Voluntary carbon markets have shrunk for the first time in at least seven years, as companies including food giant Nestle and fashion house Gucci reduced buying and studies found several forest protection projects did not deliver promised emissions savings. Preserving forests is crucial to meeting international goals to limit global temperature increases to prevent the …

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