SMOG - How Futures Play A Role In African Forestry Initiatives
- Once issued, carbon credits are transferrable and tradeable, allowing an environmental project developer to sell some or all of the certificates to firms or organizations that have pledged to offset their carbon emissions.
- Energy companies, airlines and producers of consumer goods are among the most active buyers of carbon credits from projects like Rukinga.
- In December 2021, CME Group reported a record delivery of 5,916,000 offsets through its physical delivery mechanism as market participants looked to offset their 2021 emissions profile.
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How Futures Play A Role In African Forestry Initiatives