Indian developer signs Ghana deal for Paris-aligned cookstoves carbon project

Published 11:49 on September 6, 2024  /  Last updated at 11:49 on September 6, 2024  / /  Asia Pacific, EMEA, International, Other APAC, Paris Article 6, Voluntary

An Indian developer has partnered with the government of Ghana and a Singapore-based asset management fund for the production and distribution of 1 million improved cookstoves across the African nation over the next five years, the company announced this week.

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Mozambique govt awards licence to UAE developer for massive blue carbon project

Published 15:39 on September 5, 2024  /  Last updated at 15:39 on September 5, 2024  / /  Africa, EMEA, International, Middle East, Nature-based, Other APAC, Voluntary

Mozambique’s Ministry of Land and Environment has given approval to a Dubai-based firm to restore mangroves along the degraded coastline in the Zambezia province of the African nation and generate carbon credits, the developer announced Thursday.

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World Bank arm invests $60 mln to decarbonise Indonesia’s second largest steel producer

Published 12:21 on September 5, 2024  /  Last updated at 12:21 on September 5, 2024  / /  Asia Pacific, Carbon Taxes, CBAM, International, Other APAC, Voluntary

The World Bank’s International Finance Corporation (IFC) has provided a loan of $60 million to the second largest steel producer in Indonesia in order to help the firm transition to low-carbon production and drive sector-wide decarbonisation.

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Malaysia targets net zero emissions from aviation by 2050

Published 09:37 on September 5, 2024  /  Last updated at 15:33 on September 5, 2024  / /  Asia Pacific, Aviation/CORSIA, International, Other APAC, Voluntary

The Malaysian government has released a decarbonisation blueprint for its aviation sector, targeting net zero emissions by 2050, it announced Thursday.

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Pakistan’s Sindh province to generate millions of voluntary carbon credits through reforestation projects

Published 13:53 on September 3, 2024  /  Last updated at 13:53 on September 3, 2024  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

The government of Sindh province in Pakistan is planning to generate tens of millions of voluntary carbon credits by planting trees along the Indus River in a massive reforestation initiative, an official told Carbon Pulse.

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Kenyan wind power project embroiled in land dispute, unable to sell carbon credits -media

Published 10:18 on September 3, 2024  /  Last updated at 10:39 on September 3, 2024  / /  Africa, EMEA, Voluntary

One of the largest renewable energy projects in Kenya, involved in a land dispute with the local community for about a decade, has been unable to trade carbon credits issued from the project, according to a local media source.

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India must auction carbon certificates to achieve climate goals, ensure just transition -report

Published 09:30 on September 3, 2024  /  Last updated at 23:54 on September 2, 2024  / /  Asia Pacific, Other APAC, Voluntary

India must allow auctioning of carbon credit certificates (CCCs) under its intensity-based Carbon Credit Trading Scheme (CCTS), in line with other emissions trading schemes (ETS) globally, in order to achieve its climate goals while also facilitating a just energy transition, a paper released Tuesday has found.

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South Korea to mandate SAF use for all international flights starting 2027

Published 13:16 on August 30, 2024  /  Last updated at 13:16 on August 30, 2024  / /  Asia Pacific, Aviation/CORSIA, International, South Korea, Voluntary

South Korea is seeking to impose a sustainable aviation fuel (SAF) blending mandate on all international flights departing the country, come 2027, the Ministry of Trade, Industry, and Energy (MOTIE) announced Friday.

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Japanese firm partners with fisheries cooperative to generate blue carbon credits through seaweed restoration

Published 09:12 on August 30, 2024  /  Last updated at 09:12 on August 30, 2024  / /  Asia Pacific, Japan, Nature-based, Voluntary

A Tokyo-based asset management firm has collaborated with a fisheries cooperative to generate blue carbon credits through the restoration of seaweed beds in the Japanese city of Kamakura, the firm announced this week.

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Blockchain firm teams up with US-based registration platform to offer tokenised carbon credits

Published 08:34 on August 29, 2024  /  Last updated at 08:34 on August 29, 2024  / /  Americas, Asia Pacific, EMEA, South & Central, Voluntary

A US-based blockchain company has partnered with a registration platform to list tokenised credits on a digital library with the aim of bringing about a more efficient and transparent way to trade assets, the company announced.

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