Consortium launches cookstoves carbon methodology for projects under Article 6, voluntary markets

Published 10:32 on July 2, 2024  /  Last updated at 10:32 on July 2, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Paris Article 6, US, Voluntary

The Clean Cooking & Climate Consortium (4C), led by the Clean Cooking Alliance (CCA), has released a new methodology for crediting emissions reductions from cooking projects hoping to lend credibility to the market and boost investor confidence.

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Number of companies with science-based targets increased by 102% in 2023, led by Asia -report

Published 14:07 on July 1, 2024  /  Last updated at 14:07 on July 1, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

Companies with validated science-based targets increased by 102% during 2023 alone compared to all previous years, with Asia leading as the region with the highest number of such companies, a report released Monday has found.

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World Bank approves $1.5 bln in funding for Indian green hydrogen, carbon markets

Published 06:23 on July 1, 2024  /  Last updated at 06:23 on July 1, 2024  / /  Asia Pacific, International, Other APAC, Paris Article 6, Voluntary

The World Bank has approved $1.5 billion in additional financing to help India accelerate the development of its national carbon market, boost green hydrogen production, and scale up renewable energy capacity.

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Nature-based avoidance credits ‘red flag’ for potential investors -report

Published 13:53 on June 28, 2024  /  Last updated at 13:53 on June 28, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Other APAC, Paris Article 6, Voluntary

Avoidance offsets, both legacy technology-based and nature-based avoidance credits with co-benefits, are the highest risk areas in the current voluntary carbon market, according to a report published this week.

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UN-backed coalition grants $20 mln to Cameroon for adopting sustainable agricultural practices

Published 08:28 on June 28, 2024  /  Last updated at 08:28 on June 28, 2024  / /  Africa, EMEA, International, Nature-based

The Central African Forest Initiative (CAFI) has approved $20 million in funding to Cameroon in order to help smallholder cocoa and coffee farmers adopt sustainable agricultural practices, it announced this week.

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Canadian agri-tech firm introduces new biochar product derived from industrial hemp

Published 07:37 on June 27, 2024  /  Last updated at 07:37 on June 27, 2024  / /  Americas, Canada, Nature-based, Voluntary

An Alberta-based agricultural technology firm has introduced a new biochar product derived from industrial hemp, the company announced this week.

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Japanese developer, Filippino biochar producer partner to generate credits across Southeast Asia

Published 11:41 on June 26, 2024  /  Last updated at 11:41 on June 26, 2024  / /  Asia Pacific, International, Japan, Nature-based, Other APAC, Voluntary

A Tokyo-based project developer has teamed up with a biochar producer in the Philippines to generate carbon credits across the Southeast Asian region, it announced Wednesday.

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Use of renewables-based electricity can cut India’s heavy industry emissions by 17% -report

Published 19:31 on June 25, 2024  /  Last updated at 11:03 on June 25, 2024  / /  Asia Pacific, Other APAC

India can slash 17% of its carbon emissions from heavy industries by 2030 through the use of renewables, a report released Wednesday has found.

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NGOs call on Malaysian exchange to drop ‘questionable’ Sarawak project

Published 08:56 on June 25, 2024  /  Last updated at 12:54 on June 25, 2024  / /  Asia Pacific, Carbon Taxes, Other APAC, Voluntary

A group of 54 international non-governmental organisations (NGOs) have urged Bursa Carbon Exchange (BCX) to drop a controversial project in Malaysia from being listed on the platform amid claims that it has harmed biodiversity and violated Indigenous rights.

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Mission 2025 group launches to push govts to meet Paris Agreement goals

Published 11:41 on June 24, 2024  /  Last updated at 11:41 on June 24, 2024  / /  Americas, Asia Pacific, EMEA, International, Paris Article 6

A global coalition consisting of some of the world’s biggest corporations, cities, and regions was launched Monday to push governments worldwide align their national climate goals with the Paris Agreement.

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