Sterling Waterford launches Carbon Credit note in South Africa

Certified Emission Reductions (CERs), or carbon credits, are obtained by developed nations or banks and institutions by sponsoring emissions reduction projects in developing countries. Credits can be subsequently traded and purchased by countries, companies or banks which have emissions exceeding their allocated allowance, with each credit giving the purchaser the right to emit one ton of CO2. Sterling Waterford’s note is linked to the price of a carbon credit issued out of a portfolio of

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