Funding initiative channels millions to Kenyan clean cooking firms

Published 19:37 on September 11, 2024  /  Last updated at 19:37 on September 11, 2024  / /  Africa, EMEA, Voluntary

An initiative that funds clean cooking in Africa has handed out a total €2.8 million in financing for Kenya-based organisations, it announced this week.

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DATA DIVE: Voluntary carbon projects have become better for biodiversity over time

Published 18:19 on September 11, 2024  /  Last updated at 15:06 on September 13, 2024  / /  Africa, Americas, Asia Pacific, Australia, Data Dive, International, Mexico, Nature-based, US, Voluntary

Nature-based voluntary carbon projects are becoming increasingly beneficial for biodiversity, according to new data from AlliedOffsets that has been shared with and analysed by Carbon Pulse.

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Clean cooking carbon project developer sells all credits through 2024 at $35/t

Published 13:33 on September 11, 2024  /  Last updated at 13:33 on September 11, 2024  / /  Africa, EMEA, Voluntary

A clean cooking project developer has sold all of its carbon credits of a vintage through 2024 at $35 per tonne, an executive told an event Wednesday, in a sign that demand for ‘high-quality’ units is there for the voluntary market.

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Loss and Damage Fund access, contributions should be based on country emissions, think tank says

Published 09:25 on September 10, 2024  /  Last updated at 09:25 on September 10, 2024  / /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Other APAC, South & Central

The recently established Loss and Damage Fund (LDF) should adopt a clear allocation mechanism based on countries’ emissions contributions, among other criteria, according to an Australian think tank’s analysis.

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Govt departments need to work better together for success in Article 6, says Ghana

Published 19:56 on September 9, 2024  /  Last updated at 19:56 on September 9, 2024  / /  Africa, EMEA, International, Paris Article 6, Voluntary

Countries hoping for success in Article 6 need to design government departments to work better together, a key figure in the development of Ghana’s Article 6 framework said on Monday.

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Nigerian state launches voluntary carbon registry for corporates

Published 14:48 on September 9, 2024  /  Last updated at 14:48 on September 9, 2024  / /  Africa, EMEA, Voluntary

The Nigerian state government of Lagos has launched a carbon registry so that corporates can voluntarily document their emissions, as part of efforts to achieve net zero, according to local media.

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Researchers urge revised carbon crediting methods to better protect high-risk forest areas

Published 23:51 on September 6, 2024  /  Last updated at 01:54 on September 7, 2024  /  Africa, Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Researchers this week raised concerns about the efficacy of current carbon crediting methods for high-forest, low-deforestation (HFLD) jurisdictions, suggesting that a shift towards more predictive models is necessary to better safeguard these critical forested areas.

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Former Gabon environment minister beefs up board of CTrees

Published 16:34 on September 6, 2024  /  Last updated at 16:34 on September 6, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Lee White, the former environment minister of Gabon in central Africa who was briefly placed under house arrest in August last year amid a miliary coup, has been appointed to the board of directors of CTrees.

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Forest biodiversity unit pilot launches in Congo

Published 10:59 on September 6, 2024  /  Last updated at 10:59 on September 6, 2024  / /  Africa, Biodiversity, EMEA

A pilot in the Republic of Congo that aims to generate climate and biodiversity units under the High Integrity Forest Investment Initiative (HIFOR) has been launched by a US-based NGO.

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Ethiopia moves to develop national carbon market strategy

Published 16:09 on September 5, 2024  /  Last updated at 16:09 on September 5, 2024  / /  Africa, Asia Pacific, EMEA, International, Japan, Paris Article 6, Voluntary

Ethiopia’s planning and development ministry, working with a UN capacity-building programme, is looking to craft a comprehensive framework for international carbon markets engagement, including participation in Article 6 carbon trading under the Paris Agreement.

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