Vale makes its first purchase of carbon credits

133 thousand tons of non-emitted carbon were purchased from Grupo Algar, which, this month, is quoted between US$ 10 and US$ 15 a ton in the voluntary markets and 80 euros a ton in the regulated market. Regulated carbon credits are more valued for several reasons, ranging from their greater complexity in their obligations to their recognition as diverse details such as commitment to proven social actions and their issuers have greater credibility in the international market.

WMF provides regulated carbon credits, as it strictly adheres to the most demanding quality levels in all its projects.

The mining company’s goal is to recover and protect another 500,000 hectares of forest by 2030.

Read the full article from CNN Brazil:
https://www.cnnbrasil.com.br/business/correcao-vale-faz-sua-primeira-compra-de-creditos-de-carbono/