Analysis: How some of the world’s largest companies rely on carbon offsets to ‘reach net-zero’
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Carbon Brief analysis of UNFCCC data shows China, India, South Korea and Brazil account for 81% of the Clean Development Mechanism (CDM) credits that have been issued, with China alone issuing more than half, as the chart below shows.
Barring Egypt and South Africa, African nations have issued just 1% of the credits on the market.
