Spanish forests launch their own market to sell their carbon credits

Spanish forests have a new market of their own to sell their carbon credits, thanks to the platform promoted by the Cesefor Foundation. It is called CABIDA and has just opened its registry to promoters of forestry projects. It will close its first auction on September 29 in Burgos.

In Spain, 85 percent of the carbon credits generated by forests are still not sold. To change this situation, the Cesefor Foundation has launched CABIDA, the first Spanish platform for digital auctions of forest carbon credits, which a few days ago opened its registration to promoters of certified forestry projects: entities that, thanks to reforestation, sustainable forest management or forest conservation, generate credits that they can now add value directly.

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