Cote d’Ivoire asks Rabobank to suspend carbon credit activities in country amid numerous allegations

Published 02:29 on April 21, 2024  /  Last updated at 02:29 on April 21, 2024  /  Africa, EMEA, International, Nature-based, Voluntary

The government of Cote d’Ivoire has reportedly asked Dutch bank Rabobank to suspend its carbon credit origination activities in the Nawa region of the country, claiming that emissions reductions previously sold to buyers including Microsoft were state property and contracted to another party.

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Developer, local council sign carbon trading deal to protect 250k hectares of forested land in Tanzania

Published 18:24 on April 20, 2024  /  Last updated at 18:24 on April 20, 2024  /  Africa, EMEA, International, Nature-based, Paris Article 6, Voluntary

A Tanzanian project developer has signed an agreement with a local district council to implement a forest conservation scheme covering 250,000 hectares across 14 villages.

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SBTi boss “regrets distress” caused by proposed change to carbon offset use policy

Published 23:37 on April 19, 2024  /  Last updated at 23:59 on April 19, 2024  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, EMEA, International, Japan, Mexico, Middle East, Nature-based, Other APAC, South & Central, US, Voluntary

The CEO of the Science Based Targets initiative (SBTi) has reaffirmed the organisation’s dedication to robust science-based decarbonisation standards, saying he “deeply regrets the concern and distress” caused by a proposed change in its policy regarding offsets.

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FEATURE: G20, not COP29, key to meeting global climate finance needs

Published 18:40 on April 19, 2024  /  Last updated at 19:38 on April 19, 2024  / Alejandra Padin-Dujon /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, South & Central

International climate finance flows will depend on movement within the G20, not the UN negotiations at COP29 this year, several sources told Carbon Pulse on the sidelines of the International Monetary Fund (IMF) and World Bank Spring Meetings held this week in Washington DC.

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ANALYSIS: Voluntary carbon actors eye narrative change but demand still lacking

Published 16:09 on April 18, 2024  /  Last updated at 16:13 on April 18, 2024  / Roy Manuell /  Africa, Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, Middle East, Nature-based, Other APAC, Voluntary

Voluntary carbon attendees at an industry event held in Florence this week struck an optimistic note in light of imminent market developments that are expected to boost demand, but multiple sources highlighted a lack of tangible impact so far, with buyers still said to be holding back on offset investment due to reputational risk.

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Off-grid solar company gets green light for large cookstove carbon projects in Africa

Published 15:50 on April 18, 2024  /  Last updated at 23:08 on April 18, 2024  / Paddy Gourlay /  Africa, Americas, EMEA, International, US, Voluntary

A project developer plans to distribute 600,000 energy-efficient clean cookstoves in Africa as part of a multi-million dollar grant to decarbonise the electrical grid in Uganda.

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UN Secretary-General calls for fossil fuel phaseout

Published 20:30 on April 17, 2024  /  Last updated at 19:35 on April 16, 2024  / Alejandra Padin-Dujon /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Middle East

UN Secretary-General Antonio Guterres called for a phase out of fossil fuels at the Spring Meetings of the International Monetary Fund (IMF) and World Bank on Wednesday.

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Private investment and low cost finance critical in supporting emerging nations’ net zero transitions -panel

Published 01:45 on April 17, 2024  /  Last updated at 01:45 on April 17, 2024  / Bijeta Lamichhane /  Africa, Americas, Asia Pacific, Australia, International

Finance ministries’ roles in developing a robust policy framework to provide necessary incentives for the private sector to support net zero transitions, coupled with low cost lending, will play a crucial role in assisting emerging nations’ climate goals, experts emphasised at a panel discussion Tuesday.

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Bezos Earth Fund to award $100 mln for AI-based climate solutions

Published 20:55 on April 16, 2024  /  Last updated at 20:55 on April 16, 2024  / Bijeta Lamichhane /  Africa, Americas, Asia Pacific, EMEA, International, Middle East, Nature-based, Other APAC, South & Central, US, Voluntary

US-based Bezos Earth Fund on Tuesday announced $100 million available in grant awards for solutions that use AI to address climate change.

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FEATURE: Exchanges, futures traders, regulators divided over how to make voluntary carbon prices transparent

Published 15:50 on April 16, 2024  /  Last updated at 17:29 on April 19, 2024  / Alejandra Padin-Dujon /  Africa, Americas, Asia Pacific, EMEA, Voluntary

The prospect of public pricing in the voluntary carbon market (VCM), potentially spurred by looming disclosure requirements, is provoking a range of reactions from market participants hinging on appetite for regulation, favourability toward transparency, and financial stake, experts have told Carbon Pulse.

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