The range of tenures (property rights) that underlie the jurisdictional carbon credits sold by Guyana to oil company Hess Corporation
On 1 December, Winrock International and The Architecture for REDD+ Transactions (ART) published the news on their websites that Winrock’s Architecture on REDD+ Transactions (ART) had issued the world’s first TREES credits to Guyana, a total of 33.47 million carbon credits. The oil company Hess Corporation announced on the same day that it had purchased or intended to purchase 37.5…