Malawi eyes carbon markets to help fund its third climate plan
Malawi has highlighted carbon markets as one of the financing mechanisms it intends to use to implement a more ambitious third Nationally Determined Contribution (NDC), as the climate-vulnerable African nation seeks to bring in greater domestic and international support for emissions reductions.
Read MoreIndia should channel carbon market revenues into industrial decarbonisation, report says
India should establish two national funds financed by revenues generated from its Carbon Credit Trading Scheme (CCTS) to support industrial decarbonisation, a report said.
Read MoreVietnam carrier urges first claim on domestic credits for sector
Vietnam Airlines has urged policymakers to prioritise allocating domestic carbon credits to the aviation sector as carriers prepare to meet international climate obligations, a domestic newspaper said.
Read MoreIndian state Odisha could be an early mover in farm carbon credits -study
Odisha can emerge as an early mover in farm carbon markets in India if backed by favourable policies to generate tradable credits while reducing greenhouse gas emissions, a report said, citing the state’s extensive paddy cultivation and the potential of climate‑smart practices.
Read MoreIndia govt to launch a $528-mln scheme to promote green steel technologies
India is preparing to launch a scheme to promote the adoption of clean technologies in steelmaking processes, with an outlay of INR 50 billion ($528 million), according to the national news agency.
Read MoreMalaysian govt agency seeks partners for pilot carbon offset projects
The Malaysia Forest Fund (MFF), a federal government agency, has called for partners to pilot two new methodologies under its Forest Carbon Offset (FCO) Programme, with a focus on urban forestry and agroforestry, it announced.Â
Read MoreSingapore Airlines sees climate compliance costs as high as $155 mln
Singapore Airlines said climate‑related compliance costs were financially material, with exposure projected at between SGD 50-200 million ($38-155 mln), and high risk impacts above that.
Read MoreFarm-level GHG accounting methods need urgent harmonisation efforts, study says
Farm‑level greenhouse gas accounting methods remain fragmented and require urgent harmonisation efforts, with estimates for the same farm varying by more than 1,000%, a study said.
Read MoreIndonesia forestry group, climate startup join hands for carbon push
A climate technology startup and the Indonesian Forestry Business Association (APHI) have signed an agreement to strengthen the capacity of forestry companies preparing to enter the carbon market.
Read MoreIndia carbon market coalition launches platform for Article 6 projects
India’s carbon market coalition on Friday launched the Article 6 Carbon Bazaar, a new industry platform to support participation in international carbon markets under the Paris Agreement.
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