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CNA Explains: What happens to carbon credits when the forests protecting them burn?

CNA Video 13 days ago

Description

Companies in Singapore are among those buying overseas forest carbon credits to offset their emissions. But Indonesia's wildfires have now reached areas linked to carbon-credit projects, threatening the very forests meant to help fight climate change. So if those forests burn, do the carbon credits still count? Who bears the cost of the carbon released? This week on CNA Explains, we investigate what happens when carbon credits go up in smoke and whether the safeguards are strong enough.