Standard Chartered and Brazilian State of Acre to bring high integrity carbon credits to market to support forest conservation

Standard Chartered, a global cross-border bank, today announces a landmark agreement to sell high-integrity forest protection carbon credits in co-ordination with the Government of the State of Acre over the next five years, with potentially 5 million credits coming to market in 2026. This is one of the first examples of a major international bank working with a sub-national government or state entity in this way to help support forest conservation. The credits will take the form of jurisdictional forest carbon credits. Unlike project-based forest carbon credits, jurisdictional credits cover…

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