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Including Woodland Carbon Code in UK ETS could boost prices and accelerate afforestation

Planting trees_forestry
The report says expanding the ETS to include greenhouse gas removals through forestry could help establish a price signal for afforestation investors (Photo: MonikaP/Piaxabay)

A paper co-authored by academics at King’s College London and asset manager Foresight Group argues the case for expanding the UK’s Emissions Trading Scheme to include afforestation

Bringing the Woodland Carbon Code into the UK’s Emissions Trading Scheme could increase the price of WCC-verified carbon units, helping to boost afforestation rates and the amount of carbon removed by forests, according to a new policy paper.

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