Non-profit launches carbon credit programme to fund safe water systems across Africa, Latin America

Published 08:07 on August 8, 2024  /  Last updated at 08:07 on August 8, 2024  / /  Africa, Americas, EMEA, International, Other APAC, South & Central, US, Voluntary

US-based non-profit Global Water Center (GWC) has launched a programme to fund rural water systems by using carbon credits in countries across Africa and Latin America.

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Hong Kong firm, Singapore-based developer collaborate to launch certified tree planting projects

Published 06:44 on August 8, 2024  /  Last updated at 06:44 on August 8, 2024  / /  Africa, Asia Pacific, EMEA, International, Nature-based, Other APAC, Voluntary

A Hong Kong-based corporate tree planting solutions provider has teamed up with a Singapore-based offset developer to launch a certified tree planting scheme, the firms announced this week.

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APAC countries must integrate carbon markets to secure better carbon pricing -report

Published 08:51 on August 6, 2024  /  Last updated at 08:51 on August 6, 2024  / /  Asia Pacific, Australia, Japan, Other APAC, South Korea, Voluntary

Countries in the Asia Pacific should develop an integrated market such as the European Union’s emissions trading system (ETS) and synergise different types of carbon markets in the region to create effective carbon price signals, a report released this week suggested.

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APAC business group proposes setting regional voluntary carbon market, urges govts to issue climate bonds

Published 12:16 on August 5, 2024  /  Last updated at 12:16 on August 5, 2024  / /  Asia Pacific, International, Other APAC, Voluntary

The Asia Pacific Economic Cooperation Business Advisory Council (ABAC) over the weekend proposed setting up a pilot voluntary carbon market programme for the region, and urged governments to issue climate bonds in order to boost climate response.

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UK, Laos sign MoU to collaborate on carbon markets, energy transition

Published 14:03 on August 2, 2024  /  Last updated at 14:03 on August 2, 2024  / /  Asia Pacific, EMEA, International, Other APAC, Paris Article 6, Voluntary

The UK and Laos governments have signed a memorandum of understanding (MoU) to establish a green economy framework with an aim to cooperate on carbon markets, energy transition, and address climate change, the UK government announced Friday.

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India to approve up to 20 carbon methodologies, operationalise voluntary market by year-end

Published 12:05 on August 2, 2024  /  Last updated at 12:05 on August 2, 2024  / /  Asia Pacific, International, Other APAC, Voluntary

The Indian government is expecting to approve around 15-20 methodologies by the end of the year as part of efforts to make its carbon market operational by then, several sources have told Carbon Pulse.

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Oil-rich Nigerian state teams up with UK firm for blue carbon projects

Published 07:06 on August 2, 2024  /  Last updated at 07:06 on August 2, 2024  / /  Africa, EMEA, Nature-based, Voluntary

A state in Southern Nigeria has signed a 30-year Memorandum of Understanding (MoU) with a UK-based firm for the conservation of coastal ecosystems within the state.

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Global shipping campaign launches ‘Beyond Methane Pledge’ to end LNG use

Published 13:02 on August 1, 2024  /  Last updated at 13:02 on August 1, 2024  / /  Americas, Asia Pacific, EMEA, International, Shipping

The Say No to LNG campaign has launched the ‘Beyond Methane Pledge’ in an attempt to put an end to the expansion of liquefied natural gas (LNG) and other methane-based fuels, and eventually phase out their use in all sectors by 2030, the campaign announced Thursday.

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BRIEFING: Amid steel boom, Malaysia faces rising CBAM costs, climate target challenge

Published 10:04 on August 1, 2024  /  Last updated at 10:04 on August 1, 2024  / /  Asia Pacific, Carbon Taxes, CBAM, Other APAC, Voluntary

Malaysia is expecting rapidly rising carbon emissions from its steel sector, which is expanding utilising CO2-intensive equipment that could put its climate targets at risk while imposing bigger costs under the EU Carbon Border Adjustment Mechanism (CBAM).

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Article 6 baseline settings must take progressive approach, go beyond Kyoto-era methodologies -World Bank

Published 11:09 on July 31, 2024  /  Last updated at 11:09 on July 31, 2024  / /  Americas, Asia Pacific, EMEA, International, Paris Article 6, Voluntary

Methodologies under Article 6 of the Paris Agreement need to go beyond the Kyoto Protocol’s Clean Development Mechanism (CDM) baseline determination, even as CDM can serve as a reference for Paris Agreement methodologies, according to a World Bank and Climate Warehouse paper.

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