Researchers urge revised carbon crediting methods to better protect high-risk forest areas

Published 23:51 on September 6, 2024  /  Last updated at 01:54 on September 7, 2024  /  Africa, Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Researchers this week raised concerns about the efficacy of current carbon crediting methods for high-forest, low-deforestation (HFLD) jurisdictions, suggesting that a shift towards more predictive models is necessary to better safeguard these critical forested areas.

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Former Gabon environment minister beefs up board of CTrees

Published 16:34 on September 6, 2024  /  Last updated at 16:34 on September 6, 2024  / Paddy Gourlay /  Africa, Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Lee White, the former environment minister of Gabon in central Africa who was briefly placed under house arrest in August last year amid a miliary coup, has been appointed to the board of directors of CTrees.

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Forest biodiversity unit pilot launches in Congo

Published 10:59 on September 6, 2024  /  Last updated at 10:59 on September 6, 2024  / Giada Ferraglioni /  Africa, Biodiversity, EMEA

A pilot in the Republic of Congo that aims to generate climate and biodiversity units under the High Integrity Forest Investment Initiative (HIFOR) has been launched by a US-based NGO.

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Ethiopia moves to develop national carbon market strategy

Published 16:09 on September 5, 2024  /  Last updated at 16:09 on September 5, 2024  / Alejandra Padin-Dujon /  Africa, Asia Pacific, EMEA, International, Japan, Paris Article 6, Voluntary

Ethiopia’s planning and development ministry, working with a UN capacity-building programme, is looking to craft a comprehensive framework for international carbon markets engagement, including participation in Article 6 carbon trading under the Paris Agreement.

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Mozambique govt awards licence to UAE developer for massive blue carbon project

Published 15:39 on September 5, 2024  /  Last updated at 15:39 on September 5, 2024  / Nikita Pandey /  Africa, EMEA, International, Middle East, Nature-based, Other APAC, Voluntary

Mozambique’s Ministry of Land and Environment has given approval to a Dubai-based firm to restore mangroves along the degraded coastline in the Zambezia province of the African nation and generate carbon credits, the developer announced Thursday.

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Egypt approves local carbon registry, 12 projects for trading

Published 00:03 on September 5, 2024  /  Last updated at 00:03 on September 5, 2024  / Alejandra Padin-Dujon /  Africa, EMEA, Middle East, Nature-based, Voluntary

Egypt’s Financial Regulatory Authority (FRA) has approved a domestic standard’s carbon registry and allowed 12 projects from the registry for trading on the national voluntary carbon market (VCM) platform.

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Korean securities firm secures partnership for international mitigation projects

Published 08:15 on September 4, 2024  /  Last updated at 08:15 on September 4, 2024  / Chia-Erh Kuo /  Africa, Asia Pacific, EMEA, South Korea, Voluntary

One of the largest securities firms in South Korea has decided to pursue international emissions reduction projects through a newly established partnership, it announced Wednesday.

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Malawi has sold fraction of 1.5 mln forest carbon credits generated in past five years, govt says

Published 16:05 on September 3, 2024  /  Last updated at 02:04 on September 4, 2024  / Dimana Doneva /  Africa, EMEA, Nature-based, Voluntary

The government of Malawi has generated 1.5 million carbon credits from forest-based projects and schemes over the past five years, but sold only a small share of these at a little over $1 per tonne, according to government sources quoted in local media.

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Kenyan wind power project embroiled in land dispute, unable to sell carbon credits -media

Published 10:18 on September 3, 2024  /  Last updated at 10:39 on September 3, 2024  / Nikita Pandey /  Africa, EMEA, Voluntary

One of the largest renewable energy projects in Kenya, involved in a land dispute with the local community for about a decade, has been unable to trade carbon credits issued from the project, according to a local media source.

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Benin project seeks to raise €1.5 mln for cookstoves carbon project

Published 18:08 on September 2, 2024  /  Last updated at 18:08 on September 2, 2024  / Roy Manuell /  Africa, EMEA, Voluntary

A clean cooking project in Benin has opened a call for crowdfunding, looking to raise €1.5 million for a cookstoves carbon project in the west African country.

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