Canadian carbon credit financier launches EV charging carbon offset programme in India
A Vancouver-based carbon offset developer has partnered with an Indian firm to generate voluntary carbon credits from electric vehicle (EV) charging stations across the South Asian nation.
Read MoreMalaysian developer launches plastic waste collection, recycling methodology
A Kuala Lumpur-based carbon offset developer has launched a plastic waste collection and recycling methodology in a bid to establish itself in the emerging plastic credit market.
Read MoreVoluntary carbon markets shrank in 2023 for second consecutive year -research
Voluntary carbon market volume and value globally declined in 2023 for the second year in a row from its 2021 peak, as intense media scrutiny held back buyers, according to research released on Thursday.
Read MoreLack of CO2 removal regulation in Global South restricts scale-up -research
A lack of carbon removal (CDR) regulation in emerging economies of the Global South is restricting the scale-up of new technologies, a research paper has found.
Read MoreA sixth of Malaysian rainforest seen to be under threat from deforestation
Malaysia has committed to protect 50% of its natural forests but deforestation is posing a serious threat to around 3.2 million hectares of its rainforests, a report released Tuesday has found.
Read MoreMalaysia launches non-market instrument to drive forestry funding
A Malaysian federal agency has launched a non-market instrument under its REDD+ programme to channel private sector funds for supporting forest conservation projects in the country.
Read MorePakistan PM rejects carbon tax proposal on fossil fuels
The prime minister of Pakistan has rejected a proposal of imposing carbon tax on fossil fuels, citing concerns that the tax may lead to high inflation affecting general public.
Read MoreNigerian govt agency invests in cookstoves developer to boost production, generate voluntary carbon credit revenue
A Nigerian government agency has invested in a domestic cookstoves manufacturing firm and a carbon offset project developer to increase production of cookstoves and to leverage the credit proceeds, the agency announced Thursday.
Read MoreZambia signs $30-mln agreement with World Bank to reduce greenhouse gas emissions
The government of Zambia has entered into an agreement with the World Bank to cut greenhouse gas emissions in the Eastern Province of the African nation, the bank announced this week.
Read MoreIndian market regulator opens for use of controversial green credits to earn ESG “leadership” status
India’s securities and commodities market regulator has proposed changes to the country’s Business Responsibility and Sustainability Reporting (BRSR) framework, opening for companies to earn “leadership” status by listing green credits they or their value chain partners have generated through tree-planting and other environmentally beneficial activities.
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