Mozambique govt awards licence to UAE developer for massive blue carbon project
Mozambique’s Ministry of Land and Environment has given approval to a Dubai-based firm to restore mangroves along the degraded coastline in the Zambezia province of the African nation and generate carbon credits, the developer announced Thursday.
Read MoreEgypt approves local carbon registry, 12 projects for trading
Egypt’s Financial Regulatory Authority (FRA) has approved a domestic standard’s carbon registry and allowed 12 projects from the registry for trading on the national voluntary carbon market (VCM) platform.
Read MoreKorean securities firm secures partnership for international mitigation projects
One of the largest securities firms in South Korea has decided to pursue international emissions reduction projects through a newly established partnership, it announced Wednesday.
Read MoreMalawi has sold fraction of 1.5 mln forest carbon credits generated in past five years, govt says
The government of Malawi has generated 1.5 million carbon credits from forest-based projects and schemes over the past five years, but sold only a small share of these at a little over $1 per tonne, according to government sources quoted in local media.
Read MoreKenyan wind power project embroiled in land dispute, unable to sell carbon credits -media
One of the largest renewable energy projects in Kenya, involved in a land dispute with the local community for about a decade, has been unable to trade carbon credits issued from the project, according to a local media source.
Read MoreBenin project seeks to raise €1.5 mln for cookstoves carbon project
A clean cooking project in Benin has opened a call for crowdfunding, looking to raise €1.5 million for a cookstoves carbon project in the west African country.
Read MoreAfrican alliance launches programme to mobilise $10 mln in nature-based solutions
The African Natural Capital Alliance (ANCA) has launched an initiative seeking to channel $10 million towards nature-based solutions over the next three years in collaboration with the Global Biodiversity Framework Fund (GBFF) among others.
Read MoreBRICS countries agree to partner on carbon market development
Representatives from the BRICS bloc of emerging economies on Friday agreed to work together on carbon markets.
Read MoreSouth African high court hears appeal over state-owned gas plant
A South African court of appeal will hear a case on Friday in a years-long challenge by environmental groups to a large-scale gas-to-power plant over its lifecycle climate impacts.
Read MoreDATA DIVE: Brazil by far the most affected by Verra’s new consolidated REDD+ carbon methodology
Brazil’s carbon sector is set to be most affected by the changes to the REDD+ project assessment methodologies by credit certifier Verra, according to new data analysis carried out by Carbon Pulse.
Read More