International law firm buys water, carbon units from project in Egypt

Published 11:05 on November 21, 2024  /  Last updated at 11:05 on November 21, 2024  / /  Africa, Biodiversity, EMEA, Nature-based, Voluntary

An international law firm has purchased a batch of natural capital units generated through a regenerative agriculture project in Egypt, Carbon Pulse has learned.

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Green Climate Fund backs African landscape-level regenerative agriculture facility

Published 15:08 on November 20, 2024  /  Last updated at 15:08 on November 20, 2024  / /  Africa, Biodiversity, EMEA

Climate Asset Management is set to develop a strategy for accelerating regenerative agricultural practices at landscape scale in Sub-Saharan Africa, with advice from Pollination, following a grant from the UN Green Climate Fund (GCF).

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Early intervention can halve forest risks if investors look beyond carbon credits -report

Published 13:17 on November 20, 2024  /  Last updated at 13:17 on November 20, 2024  / /  Africa, Americas, Asia Pacific, EMEA, Nature-based, Other APAC, South & Central, Voluntary

Early intervention can mitigate half of risks in forest investments, but stakeholders must look beyond carbon credits and address broader challenges like land rights, community engagement, and governance, according to a new report.

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COP29: US foundation invests $10.9 mln in African energy transition solutions

Published 09:46 on November 20, 2024  /  Last updated at 09:46 on November 20, 2024  / /  Africa, Americas, EMEA, US, Voluntary

A US philanthropic foundation will invest $10.9 million to advance African-led clean energy solutions, the organisation announced at COP29.

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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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