Paris investor seals deal to sell credits from large blue carbon project in Mozambique
A Paris-based financier will fully fund the first phase of a large blue carbon project in Mozambique and in return sell the credits generated.
Read MoreOffset developer partners with Kenyan business consortium to support carbon markets, scale climate finance
A carbon offset project developer has formed a partnership with a business consortium in Kenya to scale up private sector finance in order to support carbon markets and scale climate finance in the East African nation, the partners announced Wednesday.
Read MoreCWNYC24: Voluntary carbon integrity body teams up with pan-African initiative to scale market access
The Africa Carbon Markets Initiative (ACMI) has partnered with a voluntary market integrity organisation to support governments on the continent build regulation to access much-needed carbon finance.
Read MoreCWNYC24: UK fund backs VCM with public aid, “not actively looking” at Article 6 -executive
The UK’s international development fund is backing voluntary carbon market (VCM) projects but does not seek to fund Paris Agreement Article 6 initiatives at this time, the group’s climate lead told Carbon Pulse on the sidelines of Climate Week NYC.
Read MoreCWNYC24: Philanthropy isn’t enough – Global South asks SBTi to allow carbon credits against Scope 3
A group of Global South community-based climate organisations is calling on the Science Based Targets Initiative (SBTi) to allow companies to use carbon credits to offset their Scope 3 emissions, they announced on Tuesday.
Read MoreCarbon Pulse bolsters global reporting teams with fresh hires, promotions
Carbon Pulse has strengthened its regional news reporting teams with three new hires and two internal promotions.
Read MoreFew companies buying voluntary carbon credits as a ‘licence to pollute’, finds report
Claims that corporates have used voluntary carbon credits as a “licence to pollute” fail to stand up to scrutiny, according to a report released Tuesday.
Read MoreINTERVIEW: Elephant rewilder plans biodiversity credits from 84,000 hectares
A Zimbabwean elephant rewilding company is planning to more than double the area from which it will generate biodiversity credits up to 84,000 hectares, Carbon Pulse has learned.
Read MoreUNDP urges South Africa to rethink biodiversity funding options
South Africa’s biodiversity stewardship model has been successful but relies heavily on public and NGO funding, creating a finance gap that must be closed through other sources, according to the UNDP’s Biodiversity Finance Initiative (BIOFIN).
Read MoreCarbon data platform halts partnership with non-profit in DRC
A forest carbon data provider has suspended its collaboration with a non-profit based in the Democratic Republic of Congo (DRC) following questions regarding the organisation’s agreements with the government of DRC and concessions for carbon credit development in the country.
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