A new EU-funded study has disputed the environmental benefits of UN carbon credits, leading to warnings that a new scheme for offsetting aviation emissions may face similar problems.
A report for the European Commission found that only 2% of all projects set up under the UN’s Clean Development Mechanism (CDM) were highly likely to have brought about real, added emissions savings. And 85% were likely to have exaggerated these benefits.
Please enter your details
Not a subscriber?
Take a free trial now to discover the critical insights and updates our coverage offers subscribers.