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Carbon credits and carbon markets sit at one of the most controversial intersections in sustainability. For some, they’re a critical tool to drive emissions reductions efficiently. For others, they risk becoming a shortcut for greenwashing and delayed action. In this episode of Sustainability Talks, we unpack how carbon pricing actually works, why governments put a price on carbon, and how compliance and voluntary carbon markets differ. The conversation explores South Africa’s carbon tax, the growing demand for carbon credits, and the real economic opportunity behind projects like clean cooking, regenerative agriculture, and renewable energy. The discussion also tackles the hard questions: how carbon credits are verified, why rigor and science matter, how markets are evolving beyond 2030, and whether carbon finance can drive genuine emissions reductions rather than serve as a stopgap. Grounded in South African realities with global relevance, this episode explains how carbon markets function as an economic tool—and what needs to happen for them to deliver real climate impact.