World Bank To Buy Carbon Credit From Congo Project
The World Bank said on Tuesday it will buy 500,000 tons of carbon credits from a forest project replanting about 4,120 hectares destroyed by deforestation in the Democratic Republic of Congo.
Replanting forests, which have been cut or burned, is central to the reduction in global greenhouse case emissions because they soak up vast amounts of carbon dioxide.
Publication Date:
06/08/2009