South Africa's Bold Move: Proposed Changes to Carbon Tax Could Enhance Offsets

In a significant pivot towards climate resilience, South Africa is currently proposing changes to its carbon tax regulations that aim to broaden the scope of carbon offsets. This initiative is part of an effort to foster greater environmental accountability among businesses while also facilitating progress towards the nation’s emission reduction goals. The suggested reforms are designed to encourage more companies to adopt carbon offset projects, which are critical for combating climate change.

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