The Johannesburg Stock Exchange (JSE) has partnered with Xpansiv to create a voluntary carbon market in South Africa through a separate entity named JSE Ventures. This initiative will allow local participants to trade CO2 credits and renewable energy certificates from both local and global registries. The market will connect with Xpansiv's global platform for trading these environmental assets. The growth of voluntary carbon markets has been significant, and Africa's carbon credits have been steadily increasing. This market aims to position South Africa as a contributor to decarbonization and foster economic growth while addressing carbon emissions in the country, which ranks twelfth globally as a carbon emitter.

Source: Carbonherald