Forest Carbon Credit Stamps

Recently, China issued its first batch of forest carbon credit stamps to use market mechanisms to reduce carbon emissions.

About Forest Carbon Credit Stamps

  • Forest carbon credits stamps are permits for businesses to emit a particular quantity of carbon dioxide and is calculated from additional forest areas and the amount of carbon they can absorb.
  • These credits can also be used as security for bank loans and credit.
  • Have a lot of promise in light of China's goal of attaining carbon neutrality by 2060 and peaking carbon emissions by 2030.

About Carbon Credit

  • A carbon credit (also known as a carbon ....
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Ecology & Environment