Malawi aims to regulate carbon trading for revenue-boosting amid foreign exchange shortages.
Malawi aims to regulate carbon trading as a revenue-boosting initiative amid foreign exchange shortages. The government's 2024-25 national budget highlights carbon credit revenue generation as part of its economic recovery plan. With an estimated carbon potential of 19 million metric tons annually, Malawi can rely on carbon offsets for revenue, according to local climate lobbyists and analysts.
May 27, 2024
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