INTERVIEW: Waiting for the biodiversity market to take shape

Published 16:36 on November 19, 2024  /  Last updated at 16:36 on November 19, 2024  / /  Africa, Biodiversity, EMEA

The plethora of biodiversity crediting standards that have emerged over the past couple of years will be narrowed down to just a few once the market takes off – whenever that may be.

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COP29: Zambia’s carbon markets bill explicit on fees, vague on integrity

Published 14:46 on November 19, 2024  /  Last updated at 14:46 on November 19, 2024  / and /  Africa, Climate Talks, EMEA, International, Paris Article 6, Voluntary

A Zambian climate bill up for public consultation this month, publicised on Monday, lists several layers of government approval and fees for carbon trading but does not elaborate on its high-level principles for environmental integrity.

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COP29: INTERVIEW – Namibia’s draft regulations on compliance carbon markets to be out next year

Published 12:55 on November 19, 2024  /  Last updated at 12:55 on November 19, 2024  / /  Africa, Climate Talks, EMEA, International, Nature-based, Paris Article 6, Voluntary

The Namibian government will release draft carbon market regulations in 2025, once it has clarity of the rules underpinning the UN’s international market mechanism, an official told Carbon Pulse at the COP29 climate summit in Baku.

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COP29: INTERVIEW – Uganda backs Article 6 where voluntary market, foreign contributions fall short

Published 12:39 on November 19, 2024  /  Last updated at 12:39 on November 19, 2024  / /  Africa, Climate Talks, EMEA, International, Nature-based, Paris Article 6, Voluntary

Uganda is looking to Article 6 projects to help finance sustainable development, particularly given the limitations of the voluntary carbon market (VCM) and international finance goals, a senior official told Carbon Pulse on the sidelines of COP29.

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COP29: Senegal gears up for Article 6 with Norway deal, national policies -official

Published 10:54 on November 19, 2024  /  Last updated at 10:54 on November 19, 2024  / /  Africa, Climate Talks, EMEA, International, Paris Article 6

Senegal’s environment ministry is preparing to leverage Article 6 carbon markets in support of national and international climate goals, according to statements made on Tuesday by a senior official at the COP29 global climate summit in Baku, Azerbaijan.

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COP29: Norway signs slate of Article 6 agreements through new $740 mln funding facility

Published 09:00 on November 19, 2024  /  Last updated at 07:45 on November 19, 2024  / /  Africa, EMEA, International, Middle East, Paris Article 6, Voluntary

The Norwegian government is signing agreements with four developing countries in Baku through a new Article 6 financing initiative in support of the Nordic country’s national and UN climate targets.

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South Korean project developer gears up for expansion in Africa, Central Asia

Published 08:49 on November 19, 2024  /  Last updated at 08:49 on November 19, 2024  / /  Africa, Asia Pacific, EMEA, Other APAC, Paris Article 6, South Korea, Voluntary

A carbon offset project developer from South Korea has secured international partnerships for its expansion into Africa and Central Asia, as it seeks to diversify its project portfolio and seize opportunities in international carbon markets.

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COP29: Singapore, Zambia sign Article 6 MoU

Published 06:20 on November 19, 2024  /  Last updated at 06:20 on November 19, 2024  / /  Africa, Asia Pacific, Climate Talks, EMEA, International, Other APAC, Paris Article 6

Singapore and Zambia Tuesday signed a Memorandum of Understanding (MOU) to collaborate on carbon credits aligned with Article 6 of the Paris Agreement.

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Biochar developer eyes expansion to 200k carbon credits a year by 2027

Published 19:35 on November 18, 2024  /  Last updated at 20:31 on November 18, 2024  / /  Africa, EMEA, Nature-based, Voluntary

A biochar developer expects to issue 200,000 credits a year, certified by Puro.earth, by 2027.

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COP29: Benin, Norway sign bilateral Article 6 agreement

Published 16:48 on November 18, 2024  /  Last updated at 16:59 on November 18, 2024  / /  Africa, EMEA, International, Paris Article 6, Voluntary

Norway and Benin on Sunday signed a bilateral Article 6 agreement at COP29, according to a government press release.

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