Jul 11

Experts question Jacob Zuma’s Carbon Credits

Former South African president Jacob Zuma last week presented 2 million carbon credits to a new Zimbabwean carbon exchange on behalf of the Belarus Africa Foreign Trade Association, but industry experts says the credits are probably useless. News24 quotes Carbon Pulse, a subscription newsletter on carbon pricing and climate change policies, as saying that there were few details available about the 2 million credits, making it unclear from where they were sourced or whether they were issued under the Kyoto Protocol’s Joint Implementation scheme. If they were in fact JI credits, they are unlikely to have come from Belarus as, according to UN data, the country has not received any to date.