INTERVIEW: African REDD project fights for survival after credit prices crashed
A huge REDD project in Kenya is fighting for survival after credit prices crashed in the wake of an investigation by the standard body Verra into allegations of sexual impropriety and improper employment practices.
Read MoreAI model predicts marine biodiversity hotspots in Mozambique’s unmapped areas
Researchers have used artificial intelligence (AI) to identify previously unmapped high marine biodiversity areas off the coast of Mozambique, paving the way for expanding the national network of marine protected areas (MPAs) and key biodiversity areas (KBAs).
Read MoreUS authorities charge former CQC boss Newcombe, executives with fraud in landmark VCM case
US authorities have charged Ken Newcombe, the former CEO of project developer CQC Impact Investors LLC (CQC), plus the company’s ex-COO and a former managing director, with fraud, accusing them of submitting false and misleading information relating to the generation of voluntary carbon credits.
Read MoreZimbabwe setting up legal framework for ITMO trade -media
Zimbabwe plans to soon boost its carbon market by opening the door to international trade of ITMO credits under Article 6 of the Paris Agreement.
Read MoreNew Forests plans to expand African biodiversity credit preparations
Global forest investor and management firm New Forests is preparing to expand its biodiversity credit baselining work in Sub-Saharan Africa, according to a company executive.
Read MoreKorean companies to launch N2O project in Egypt, target nitric production
A South Korea-based project developer and a chemical company have teamed up to pursue an N2O project in Egypt in a bid to generate Article 6 carbon credits from reducing emissions associated with nitric production.
Read MoreCookstove project developer to expand across Africa after securing $5-mln investment
A cookstove project developer is set to expand operations from Kenya across ten countries in Africa after securing $5 million of investment.
Read MoreSaudi firm to launch voluntary carbon exchange at COP29 -media
A state-backed Saudi company created to scale up the voluntary carbon market (VCM) in developing countries will launch a trading platform at COP29 and seek to integrate regional markets, local media has reported.
Read MoreKenyan cookstove manufacturer secures $9 mln investment through carbon credit partnership
A Kenyan clean cookstove manufacturer has received a $9.2 million investment from a London-based financial firm, it announced Monday.
Read MoreSingapore, Ghana issue first call for Article 6 projects
Singapore and Ghana on Monday issued their first call for projects under their Article 6 partnership, having set out the procedures for the authorisation of carbon offset projects meant to channel financing towards emissions reduction or removals in the African country.
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