Conservation NGO announces $1 bln plan to boost nature protection in Africa

Published 10:55 on September 26, 2024  /  Last updated at 10:55 on September 26, 2024  / /  Africa, Biodiversity, EMEA, Nature-based, Voluntary

A South Africa-based conservation NGO has announced a $1-billion plan to scale nature preservation efforts across Africa, including through strengthening the network of protected areas (PAs).

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INTERVIEW: National strategies should be next step for bioeconomy

Published 09:45 on September 26, 2024  /  Last updated at 09:45 on September 26, 2024  / /  Africa, Americas, Biodiversity, EMEA, International, South & Central

The next phase for an international bioeconomy that sustainably uses natural resources needs to be countries delivering more national strategies on the topic, a NatureFinance executive has said.

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CWNYC24: African carbon markets stakeholders consider credit price floor

Published 20:17 on September 25, 2024  /  Last updated at 20:17 on September 25, 2024  / /  Africa, EMEA, International, Voluntary

A capacity-building programme for African carbon markets has considered a credit price floor but does not currently have an official ask, Carbon Pulse heard on Wednesday during Climate Week NYC.

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Paris investor seals deal to sell credits from large blue carbon project in Mozambique

Published 16:00 on September 25, 2024  /  Last updated at 09:18 on September 26, 2024  / /  Africa, EMEA, Nature-based, Voluntary

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.

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Offset developer partners with Kenyan business consortium to support carbon markets, scale climate finance

Published 13:07 on September 25, 2024  /  Last updated at 13:07 on September 25, 2024  / /  Africa, EMEA, Paris Article 6, Voluntary

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.

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CWNYC24: Voluntary carbon integrity body teams up with pan-African initiative to scale market access

Published 13:01 on September 25, 2024  /  Last updated at 19:59 on September 24, 2024  / /  Africa, EMEA, Nature-based, Voluntary

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.

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CWNYC24: UK fund backs VCM with public aid, “not actively looking” at Article 6 -executive

Published 00:36 on September 25, 2024  /  Last updated at 00:36 on September 25, 2024  / /  Africa, EMEA, International, Paris Article 6, Voluntary

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.

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CWNYC24: Philanthropy isn’t enough – Global South asks SBTi to allow carbon credits against Scope 3

Published 20:43 on September 24, 2024  /  Last updated at 11:19 on September 25, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Voluntary

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.

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Carbon Pulse bolsters global reporting teams with fresh hires, promotions

Published 17:52 on September 24, 2024  /  Last updated at 17:52 on September 24, 2024  / /  Africa, Americas, Asia Pacific, Australia, Bavardage, EMEA, International, Mexico, Middle East, South & Central, US, Voluntary

Carbon Pulse has strengthened its regional news reporting teams with three new hires and two internal promotions.

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Few companies buying voluntary carbon credits as a ‘licence to pollute’, finds report

Published 16:21 on September 24, 2024  /  Last updated at 16:21 on September 24, 2024  / /  Africa, Americas, EMEA, Nature-based, Voluntary

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.

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