Sweden and Ghana strike two new Article 6 deals
Sweden and Ghana have struck two Article 6 deals that are expected to cut the equivalent of 450,000 tonnes of CO2 in the West African country by 2030.
Read MoreAfrican Group, Russia talk “fair” climate action, bemoaning CBAM
The Kenyan chair of the African bloc of climate change negotiators recently visited Moscow to discuss international challenges including trade barriers such as the EU’s carbon border fee, and the outlook for the global carbon market, the group announced on Wednesday.
Read MoreOver half of global fossil CO2 emissions in 2023 tied to 36 companies -report
Emissions from major oil, gas, coal, and cement producers increased in 2023 compared to the previous year, with more than half of fossil fuel CO2 emissions linked to just 36 companies, according to a report released Wednesday.
Read MoreCARBON FORWARD ASIA: Article 6.4 market sees unclear near-term outlook, despite efforts to advance integrity
The emerging Article 6.4 market has the potential of being a high-quality benchmark for international carbon trade with more stringent requirements, but it remains unclear to what extent the approach can be utilised, panellists told a conference Wednesday.
Read MoreNew project aims to position African nation as DAC leader
A new direct air capture (DAC) project in East Africa has begun operations, marking the fastest deployment yet of the burgeoning technology, according to its backers.
Read MoreNew suite of news and intelligence products to celebrate 10 years of Carbon Pulse
To celebrate 10 years of Carbon Pulse, we are announcing the launch of two new subscription products – Net Zero Pulse and Nature & Biodiversity Pulse – to enhance our suite of specialist news and intelligence offerings.
Read MoreInternational climate fund invests $143 mln in carbon, biodiversity programming
A multi-billion-dollar climate fund has announced $143 million in investments to support nature-based solutions (NbS) initiatives in Brazil, Southern Africa, and Kenya.
Read MoreEU’s CBAM may give non-EU importers competitive edge over local producers -bank analysts
Non-EU importers may hold a competitive advantage over European producers under the EU’s Carbon Border Adjustment Mechanism (CBAM) due to market information asymmetries and the ability to sell back emissions certificates, according to an investment bank report.
Read MoreVCM Report: Retirement levels spark bullish note
Another healthy dose of carbon credit retirements last week helped keep the voluntary market in contention for a record year and struck a bullish note, although a lawsuit against Apple and official news of BP backing petroleum in the future dampened enthusiasm.
Read MoreAfrican countries to map vast swathe of carbon-storing seagrass
An association of mostly African countries is mapping out seagrass across four countries, using satellite imagery and field verification to assess the carbon stock in the region, it announced on Monday.
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