Vietnam’s pilot carbon market opens June 29 with 92 firms
Vietnam will launch its pilot carbon market next week, with 92 domestic firms, including Hoa Phat Group, Formosa Ha Tinh Steel Corp., and Vietnam Electricity Group, set to begin trading greenhouse gas emission permits.
Read MoreAfrica roundup: Kenya surprises the market, while others press ahead with Article 6 prep
Kenya, a regional frontrunner in the race to attract carbon trading, took many in the market by surprise this month when it announced it would limit its Article 6 credit transfers despite already having a big existing project pipeline – in another sign of the uncertainties surrounding Sub-Saharan Africa’s up-and-coming carbon markets.
Read MoreEngineering giant teams up with Berlin climate tech startup on carbon capture project
A German engineering company and a climate technology startup have partnered to scale Direct Air Capture (DAC) systems, with one named as the other’s preferred automation and digitalisation partner ahead of the inauguration of the country’s largest DAC facility in Berlin.
Read MoreGlobal mangrove loss seen tapering over four decades, study says
Mangrove forests, coastal habitats that support fisheries and store carbon, have shown signs of recovery after years of global decline, according to a satellite analysis.
Read MoreAlgeria sets 14% emissions cut goal by 2035, eyes Article 6 cooperation
Algeria pledged to reduce its greenhouse gas emissions by 14% below business-as-usual levels by 2035, according to its updated Nationally Determined Contribution (NDC), with the country signalling its intent to use the Paris Agreement’s Article 6 cooperation mechanisms.
Read MoreEthiopia drafts bill to include banking sector in carbon markets -local media
Ethiopia’s legislature is reviewing a draft Carbon Market Proclamation that would permit local commercial banks and financial institutions to participate directly in carbon trading, local daily Ethiopia Today reported.
Read MoreSoutheast Asian climate tech companies launch the first of nine biochar facilities producing carbon removal credits
Two climate‑tech companies have launched their first franchise biochar facility in Surat Thani, Thailand, producing carbon removal credits equivalent to more than 15,000 tonnes of CO2 annually, and said the model would be replicated across nine additional sites in Southeast Asia.
Read MoreUK forestry firm launches $115-mln Ghana reforestation fund
A UK‑based forestry company has announced the launch of a $115‑million Alternative Investment Fund (AIF) to finance large‑scale commercial hardwood plantations in Ghana’s Afram Headwaters Forest Reserve.
Read MorePakistan introduces climate levy, raises surcharges in FY2026‑27 budget
Pakistan’s FY2026‑27 federal budget introduced a Climate Support Levy and raised petroleum and gas surcharges, while reducing royalties and off‑grid levies compared to the previous year.
Read MoreTanzania files Article 6 report, opening path to CORSIA credits
Tanzania has filed its Initial Report under Article 6 of the Paris Agreement, a step that will enable the country to take part in international carbon markets and set the stage for CORSIA‑eligible credits from clean cooking projects, a cookstove developer announced on Monday.
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