BRIEFING: African financial institutions favour compliance over voluntary carbon markets
For years African financiers hesitated to fund voluntary carbon offset projects, mainly due to revenue uncertainty but the operationalisation of Article 6 in Baku last year has dramatically shifted their perceptions.
Read MoreArticle 6-aligned carbon project in Malawi secures Japanese backing
A pilot project backed by Japan’s Ministry of Economy, Trade, and Industry (METI) is deploying artificial intelligence and remote sensing technologies to enhance forest carbon monitoring across a 6,000-hectare reforestation site in Malawi.
Read MoreMadagascar issues decree to regulate forest carbon market access
The government of Madagascar has enacted a decree setting a comprehensive legal and operational framework for accessing the national forest carbon market by defining the ownership of emissions reductions and setting the rules for carbon programmes.
Read MoreNigerian state to launch Africa’s first subnational carbon exchange
A state in Nigeria will soon launch a subnational carbon exchange that will enable it to monetise emissions reductions through certified carbon credits, the government has announced.
Read MoreCoal dependency threatens South Africa’s exports future, report says
South Africa’s dependency on coal could lead to steep export losses and job cuts as major trading nations ramp up their carbon border taxes and clean energy mandates, according to a report released Monday.
Read MoreINTERVIEW: Malaysian govt seeks developers to trial forestry standard ahead of 2026 rollout
The Malaysia Forest Fund (MFF), a federal government agency, is inviting proposals to pilot methodologies under its flagship forestry protocol, aiming to operationalise the standard by early 2026.
Read MoreUN expert panel seeks public input on first proposed PACM methodology
The Article 6.4 Methodological Expert Panel (MEP) has launched a call for public consultation of the first proposed methodology under the Paris Agreement Crediting Mechanism (PACM), it announced Thursday.
Read MorePakistan’s rooftop solar boom leaves China-funded coal plants obsolete, report finds
A surge in new, cheap distributed solar power capacity in Pakistan is leaving parts of the country’s Chinese-funded coal-fired power plant fleet obsolete with some running at just 4% capacity while millions of tonnes of CO2 are being avoided, a report said Thursday.
Read MoreFirst PACM carbon credits now expected towards end of 2025
The first credits from an activity transitioning to the Paris Agreement Crediting Mechanism (PACM) are expected to be issued towards the end of this year, a UNFCCC official said Tuesday.
Read MoreIndia to revamp shipping rules to align with IMO carbon regulations -media
The Indian government is planning to update its shipping rules in order to align with the International Maritime Organisation’s (IMO) zero emissions regulations in an effort to decarbonise the industry, according to local media reports.
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