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Rows over Asian carbon credits overlook project benefits

Efforts to offset emissions can benefit communities most in need

| Pakistan
Fishermen in Karachi: The Delta Blue Carbon mangrove restoration project in Pakistan has had a positive impact on the local fishery community.   © Reuters

Nadeem Khan is the founder and chief executive of Indus Delta Capital in Karachi. Charles Bedford is the founder and chief impact officer of Carbon Growth Partners in Melbourne, Australia, and an adjunct associate professor of environment and sustainability at the Hong Kong University of Science and Technology.

Voluntary carbon markets are growing at a staggering rate. Recent reports suggest they will be worth around $2.6 billion by 2028 thanks to year-on-year growth of over 25%.

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