29 banking jurisdictions beginning nature focus, UNEP FI says
Some 29 jurisdictions, totalling more than €75 trillion of banking assets, have started reflecting nature-related considerations in their regulations, the UN Environment Programme Finance Initiative (UNEP FI) has said in a report.
Read MoreLiberia national carbon policy to push Article 6 markets, achieve UN targets
Liberia plans to design a national policy on carbon markets as a precursor to instituting legal and governance frameworks for Article 6 carbon trading under the Paris Agreement, with the ultimate goal of achieving its forthcoming Nationally Determined Contribution (NDC) UN climate targets.
Read MoreSaudi Arabia offers Kenya $8 per carbon credit in COP16 VCM deal -media
Saudi officials and private sector players are open to buying carbon credits from Kenya in a voluntary market (VCM) deal at $8 per tonne, according to statements made on the sidelines of the UN Convention to Combat Desertification (UNCCD) COP16 conference in Riyadh last week.
Read MoreEU should reconsider giving CBAM exemptions to most vulnerable -report
The EU should reconsider exempting the least developed countries, as well as Ukraine, from its incoming carbon border fee, and use its revenues to help developing countries decarbonise their industries and minimise the blow, a think tank recommended this week.
Read MoreDevelopment banks pledge $12 bln for land degradation
Financiers, mostly development banks, at the UN desertification conference COP16 in Riyadh, Saudi Arabia this week have committed $12 billion towards drought resilience, land restoration, and combatting land degradation.
Read MoreTanzania launches $4.5 mln forest restoration initiative -media
Tanzania has announced a $4.5 million-funded programme to restore 5.2 mln hectares of degraded forests as part of its commitment to the African Forest Landscape Restoration Initiative (AFR100), according to local media reports.
Read MoreINTERVIEW: US non-profit to launch Ethiopian methane carbon credit project
A North Carolina-based research non-profit is set to launch a carbon credit project in Ethiopia with a US development agency, aiming to expand its approach for reducing enteric methane emissions from small farmers’ livestock in the developing world, representatives of the organisation told Carbon Pulse on the sidelines of COP29.
Read MoreBRIEFING: EU, North Africa forging new links to speed up renewables rollout
European and North African policymakers are hoping that a deepsea power cable across the Mediterranean will soon help to spread the region’s abundance of solar, wind, and hydropower across the EU – but technical, regulatory, and political challenges still abound.
Read MoreFEATURE: Dutch firm eyes branching out with army of tree-seeding robots
A Dutch nature restoration company aims to improve the scalability of reforestation with a fleet of tree-seeding robots that could help national tree-planting schemes.
Read MoreKenyan power firm to help build country’s carbon market framework
The Kenyan government has appointed Kenya Electricity Generating Company (KenGen) to the taskforce responsible for building the country’s carbon market framework.
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