Rwanda launches reforestation drive with focus on carbon offsetting, seed systems
Rwanda on Friday launched a national initiative aimed at planting 30 million trees this year, part of efforts to boost climate resilience and create new income opportunities for farmers through an expanding carbon offset market.
Read MoreGhana’s Article 6 pipeline teeming with projects, expects ITMO transfer by H2
Ghana has received 70 projects for review in pursuit of eventual authorisation or endorsement, including 45 applications for Article 6 projects with sovereign nations, according to a report published Friday by the country’s Carbon Markets Office (CMO).
Read MoreICVCM took “significant step” towards quality in cookstoves decision, say academics behind critical paper
The Integrity Council for the Voluntary Carbon Market (ICVCM) took a strong step towards cleaning up the cookstoves sector, according to the experts behind a critical research paper that claimed a large share of projects had been heavily over-credited in the past.
Read MoreINTERVIEW: Corporates exposed to carbon taxes more interested in buying Article 6 credits, developer says
There is an increasing demand for Article 6 credits from the private sector, especially from individual companies that are exposed to carbon taxes, a California-headquartered developer told Carbon Pulse.
Read MoreUS stalls $2.6 bln climate finance package to South Africa -media
The US is planning to hold up the distribution of $2.6 billion in climate finance to South Africa, raising concerns that the entire funding could be held back, Bloomberg reported Thursday.
Read MoreIMF-Morocco deal wraps up without implementing CO2 tax
Morocco has delayed introducing a long-awaited carbon tax that was expected to be part of a $1.2 billion financing deal with the North African country, the International Monetary Fund (IMF) has revealed.
Read MoreKenya’s forthcoming carbon markets framework contested but promising -investor
Kenya’s 2023 carbon markets bill remains tied up in the legislature, but it will ultimately embody a pleasantly surprising level of expertise and focus, a Nairobi-based climate tech investor told the 2025 Global Direct Air Capture Conference in New York on Tuesday.
Read MoreWorld Bank insurance agency issues $180 mln guarantee to carbon project developer against political risk
The World Bank’s insurance agency has issued a $179.6 million guarantee to a clean cooking carbon project developer covering political risk affecting its credits such as expropriation, international transfer restrictions, and breach of contract.
Read MoreNet-Zero Banking Alliance in talks to raise warming target above 2C, says former member
The world’s largest alliance of net zero-committed banks is considering rolling back its mitigation target to just above 2C, from 1.5C at present, a former member said at an event in New York on Monday.
Read MoreGlobal forum announces over $900 mln for clean energy transition initiatives
Governments and organisations at a global forum in Barbados last week committed more than $900 million to expand energy access and support the clean energy transition across Africa, Asia, and Latin America.
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