Kenya’s parliament backs bill for carbon credit profit-sharing with local communities -media
The Kenyan National Assembly has reportedly passed legislation to ensure local communities get a larger share of the profits from carbon credit projects, following similar moves made by other African nations.
Read MoreREDD+ stakeholders tout robustness of carbon offset projects, as academics double down on integrity concerns
Several carbon offset project developers and proponents have come out to demonstrate the positive impact of REDD+ initiatives in recent days, as researchers on Thursday reiterated their past findings that avoided deforestation baseline assessments are flawed and the resulting credits are largely hot air.
Read MoreINTERVIEW: Biodiversity too big for governments to act alone, UNDP director says
The private sector has a key role to play in developing National Biodiversity Strategies and Action Plans (NBSAPs) and achieving the $200-billion funding target for nature, according to Pradeep Kurukulasuriya, director and executive coordinator of environmental finance at UNDP.
Read MoreValue old REDD+ vintages like fine wine, argues developer
Older voluntary carbon credit vintages are not a sign of low quality, a leading REDD-focused project developer argued in a white paper published on Wednesday amid growing calls for the market to address its mounting stockpile of ageing units.
Read MoreUK charity hopes to turn the tide of nature loss with £6-mln rewilding investment
A new grant-funded programme in the UK will seek to introduce keystone species and enhance marine protections across the country, in line with the country’s Global Biodiversity Framework (GBF) targets.
Read MoreNew global standard for biodiversity uplift certification due next year
A UK-based environmental research organisation is developing a site-based biodiversity standard, applicable to any project size in any geography.
Read MoreRussian gas project sells first carbon credits through blockchain platform
Amid Western sanctions, the largest integrated petrochemical company in Russia has teed up the domestic voluntary market by selling its first carbon credits to a Russia-based financial services platform.
Read MoreEcuadorians vote against oil drilling in Amazonian global biodiversity hotspot
Alongside the high-profile presidential elections on Sunday, Ecuadorians were asked to vote on continuing oil exploration in one of the most biodiverse locations on the planet.
Read MoreBiodiversity at breaking point without new funds for developing countries, say NGOs at global nature assembly
A group of NGOs are calling for funding to jump-start a global biodiversity fund at an international environmental assembly week, a move that they see as essential to stem biodiversity loss.
Read MoreThe time is now for more inclusive carbon market frameworks -report
With increasing national regulation and calls for higher integrity voluntary carbon market projects, more needs to be done to involve Indigenous Peoples and Local Communities in benefit-sharing mechanisms, according to a NGO report published this week.
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