A global leader in the transition to renewables, Iceland has now set ambitious goals to phase out fossil fuels from its transportation sector. The progressive country recognised the massive potential of carbon markets as a mechanism to facilitate the global transition towards net-zero and the funding of climate projects.
Iceland has established the International Carbon Registry (ICR) and wants to share its success story with the world as it begins utilising the benefits of carbon markets to decarbonise the global economy.
Iceland has established the International Carbon Registry (ICR) and wants to share its success story with the world as it begins utilising the benefits of carbon markets to decarbonise the global economy.
The ICR has been in partnership with Global Environmental Markets who is providing the electronic registry platform and Carbon Trade Exchange which was the first exchange platform for carbon credits launched in 2009.
Source: Newsletter
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