Norway bets on US charity as keystone in new forest carbon trading regime

With financing from Norwegian climate aid, a US charity – Emergent – has been established to act as a middleman facilitating payments for forest carbon credits from corporate buyers to tropical countries as part of a new global carbon trading scheme outside the UN system. It aims to avoid the years-long delays that have plagued Norway’s state-to-state approach. Concerns have been raised about high salaries for Emergent staff, documents show.