Pioneering carbon credits project emerges in Tsabong

BusinessWeek has established that Gazelle Ecosolutions, a tech and environment firm with global founding partners, has finalised a proof of concept at the Tsabong project site which demonstrates that the carbon credits can be put on the global market.

A carbon credit or offset credit is a transferrable financial instrument (i.e. a derivative of an underlying commodity) certified by governments or independent certification bodies to represent an emission reduction that can then be bought or sold.