ZIMBABWE is putting the pieces in place for an ambitious leap into international carbon credit trading – this time with guaranteed accountability.
Last year, it was rocked by a carbon credit scandal in Kariba worth more than R1.9 billion, where money from the likes of Volkswagen, Nestlé, and Porsche was allegedly misappropriated.
But the country was rapidly setting up the institutional, technical, and legal arrangements for trade under Article 6 of the Paris Agreement, said Environment, Climate and Wildlife minister Sithembiso Nyoni.