Zimbabwe Debuts Blockchain Registry for Carbon-Credit Trading

Zimbabwe has debuted a blockchain-enabled registry that will allow approved project developers to trade the nation’s carbon credits.

The step is aimed at making trade in the emission offsets more transparent and regaining the trust of investors after the southern African nation roiled the global carbon credit market in 2023 by suddenly canceling projects, claiming half of all proceeds and ordering developers to re-register. The move impacted the operations of several project developers including the Kariba Redd+ Project.

Authorities later walked backed those demands.

Last week the nation also set up the Zimbabwe Carbon Markets Authority to license and ...