Suriname announces world’s first c • Table.Briefings

Some developing countries remove carbon from the atmosphere through large carbon sinks in the form of forests. This is why the Coalition for Rainforest Nations intends to sell carbon offset credits to other nations under the Paris Climate Agreement. But it is doubtful whether this will benefit the climate.

International climate financing will play a crucial role at COP28. The first country has now announced that it will use forest carbon credits for this purpose. The South American country Suriname plans to sell carbon credits to other countries under the Paris Climate Agreement. However, critics warn that the planned rules are not strict enough for effective climate action.

Suriname announces world’s first carbon trading with forest credits

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