March 7, 2025 1:50 PM

Global carbon offset standard approves three clean cookstove methods

A global standard setter for voluntary carbon projects has approved three new methods for projects that reduce emissions by switching to cleaner fuels used in domestic cookstoves, hoping to boost buyer confidence in the credits they generate. Carbon trading, through which companies can buy credits from projects that avoid emissions such as cleaner cooking fuels or deforestation prevention schemes, is seen as one way for richer countries to meet their emissions reduction targets at the same time...