Source: Al Jazeera [Qatari state media]
“The United Nations has approved the first credits to be issued under a carbon market established by the Paris climate accord, aimed at reducing emissions – a mechanism that has faced scrutiny over greenwashing concerns. The UN-run market allows companies and countries to offset their excess emissions by financing projects that cut greenhouse gases in other nations. The UN Climate Change announced on Thursday that the new initiative involves a clean cooking project in Myanmar, which distributes efficient cookstoves that reduce pressure on local forests. Implemented in partnership with a South Korean company, the project will generate credits that will count towards the climate targets of South Korea and Myanmar.” (02/26/26)