Costa Rica News – Costa Rica expects to sell 16 million tonnes of carbon credits over eight years on its new carbon exchange, Latin America’s first, a venue that allows polluters to offset their emissions with permits they can buy.
Launched last month, the exchange provides a forum for tradable certificates that confer the right to emit one tonne of carbon dioxide.
The approach attaches a cost to pollutants and seeks to reduce greenhouse gases in the atmosphere.
“It will be a common base to fight climate change and help the country reach its goal of carbon neutrality,” Environment and Energy Minister Rene Castro told Reuters. Sigue leyendo