Opinion / #carbon credits
As the only multilateral institution charged with maintaining global financial and fiscal stability, the IMF’s role is critical for addressing climate change.
Malaysia is expected to launch its first local nature-based carbon credit but it faces a jurisdictional quagmire, wherein forest management is predominantly governed by state authorities.
Some claims about cutting greenhouse gases – by businesses, countries and even the football World Cup – may be hot air. Dynamic new technology holds the key to verifying the data, stashing it securely, and unleashing its full potential.
The pop superstar claims she can offset the immense carbon footprint of her private jet but the only way for the superrich to reduce their climate impact is to fly less and choose more sustainable forms of transport.
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