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Study urges more consistent framework for carbon credit rating agencies

There is currently an absence of a universal and detailed definition for the quality of carbon credits, says the report (Photo: Alex Kraus/Bloomberg)

Inconsistent approaches by carbon credit raters make comparisons impossible, says a report by environmental consultancy Perspectives Climate Group, which recommends greater oversight A study of four carbon credit agencies by the Perspective Climate Group has found that “a complete understanding and comparison” of how they arrive at their ratings was ...

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