City, regional administrations pivotal in scaling CDR solutions -report

Published 12:02 on July 11, 2024  /  Last updated at 12:02 on July 11, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Beyond federal governments and supranational organisations, regional and city administrations can play a huge role in scaling up carbon dioxide removals (CDR) solutions, according to a report published Thursday.

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Southeast Asia set for massive offshore natural gas investments -analysts

Published 11:24 on July 10, 2024  /  Last updated at 11:24 on July 10, 2024  / /  Asia Pacific, International, Other APAC

Offshore gas investments in Southeast Asia are set to more than double over the next four years, according to research released Wednesday, with a myriad of fossil fuel projects in the region ready to be executed.

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European carbon removals accelerator enters Indian market

Published 13:30 on July 9, 2024  /  Last updated at 13:30 on July 9, 2024  / /  Asia Pacific, EMEA, Other APAC, Voluntary

A Netherlands-based carbon removals accelerator is expanding its programme to India hoping to launch its first pilot in the South Asian nation by the end of 2024, it announced Tuesday.

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Philippines elected host country for UN Loss and Damage Fund

Published 10:58 on July 9, 2024  /  Last updated at 01:28 on July 10, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Other APAC

The Philippines has been elected as host country for the UN Loss and Damage Fund (LDF) at the second meeting of the board, which began in Songdo, South Korea on Tuesday.

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Indonesia signs $35-mln debt swap deal with US, NGOs to conserve coral reef ecosystems

Published 07:49 on July 9, 2024  /  Last updated at 07:49 on July 9, 2024  / /  Americas, Asia Pacific, Biodiversity, International, Other APAC, US

Indonesia has signed a $35 million debt-for-nature swap and coral reef conservation agreement with the US and four non-governmental organisations (NGOs) to protect and restore country’s coral reef ecosystems.

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INTERVIEW: Indian developer targets bigger-scale ERW, lower prices

Published 12:07 on July 8, 2024  /  Last updated at 12:07 on July 8, 2024  / /  Asia Pacific, International, Nature-based, Other APAC, Voluntary

An Indian project developer has ventured into the market for carbon credits from enhanced rock weathering (ERW), eyeing projects that generate more credits and at a lower price than other early movers.

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Vietnam mulls tax exemption on income from carbon credits, green bonds -media

Published 11:39 on July 5, 2024  /  Last updated at 11:39 on July 5, 2024  / /  Asia Pacific, Other APAC, Voluntary

The Vietnamese government has proposed tax exemptions on revenue earned through carbon credits and green bond interest in an effort to bolster the development of its domestic carbon market, local media reported Friday.

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Plan Vivo updates standard, opens for consultation prior to ICVCM submission

Published 07:05 on July 5, 2024  /  Last updated at 07:05 on July 5, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Plan Vivo has updated its carbon credit standard and opened it for public consultation ahead of submitting its application to the Integrity Council for the Voluntary Carbon Market (ICVCM) to comply with the Core Carbon Principles (CCP).

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Gambia introduces draft carbon trading bill

Published 07:24 on July 4, 2024  /  Last updated at 07:24 on July 4, 2024  / /  Africa, EMEA, International, Paris Article 6, Voluntary

The government of Gambia has introduced a draft carbon trading bill in an effort to regulate project activity and credit transactions in the emerging market.

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Malaysia says will ensure carbon credit exports don’t undermine NDC targets

Published 12:03 on July 2, 2024  /  Last updated at 12:03 on July 2, 2024  / /  Asia Pacific, International, Nature-based, Other APAC, Paris Article 6, Voluntary

The Malaysian government will make sure that its Nationally Determined Contribution (NDC) goals are not undermined by the sale of carbon credits abroad, the country’s natural resources minister told parliament Tuesday.

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