Norway bets on US charity as keystone in new forest carbon trading regime
August 04, 2022
/ By: Ann Danaiya Usher
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.
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