Scandal-hit carbon credits need universal standards: experts

Global effort to bring order to $1bn market, free cash to fight climate change

20220727 carbon credits

The carbon credit market tripled in size last year, according to research group Ecosystem Marketplace. (Source photos by Reuters and AP) 

SAYUMI TAKE, Nikkei staff writer

TOKYO -- Doubts about the quality of carbon credits are holding back a market that should be central to the fight against climate change, according to a group of experts trying to bring order to a largely unregulated area of finance.

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