| The government, in partnership with the Wildlife Conservation Society (WCS), sold its first carbon credits to billion-dollar media giant Disney for an undisclosed amount from Keo Seima Wildlife Sanctuary in the country’s northeastern province last week. The credits are part of a global carbon emissions trading scheme aimed at offsetting the expulsion of greenhouse gases (GHG) through reciprocal investment in sustainable programs and renewable energy initiatives.
A carbon credit is a financial token that represents one ton of CO2 or other GHG removed from the atmosphere through an emission reduction project – like the 292,690 hectare Keo Seima Wildlife Sanctuary – which can be used by a company, government or private entity to offset harmful carbon emissions they have generated...............................................Full Article: Source
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