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How can carbon credits add up to 20% to revenues of green projects in Pakistan?
Carbon credits could generate additional revenues equivalent to 10% to 20% of project earnings for qualifying low-carbon investments in Pakistan, offering ventures an additional source of income from renewable energy, electric vehicles, battery storage and agriculture, the chief executive of climate finance firm Resources Future said. Carbon credits, also known as carbon offsets, are tradable certificates representing the reduction or removal of one tonne of carbon dioxide equivalent (CO2e) from the atmosphere. They allow businesses and other entities to compensate for their greenhouse gas emi...
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