Zambia progresses towards issuing authorisation for int’l credit trade from 10 carbon projects

Published 15:36 on August 20, 2024  /  Last updated at 15:36 on August 20, 2024  / /  Africa, EMEA, International, Nature-based, Paris Article 6, Voluntary

Zambia has moved closer to issuing letters of authorisation (LoAs) and approval for 10 carbon projects, its government has said, which would enable developers to sell credits internationally in accordance with the Paris Agreement.

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Study identifies Key Biodiversity Areas to scale up Antarctica protection

Published 15:11 on August 20, 2024  /  Last updated at 15:11 on August 20, 2024  / /  Africa, Americas, Asia Pacific, Australia, Biodiversity, South & Central

Establishing 30 new Key Biodiversity Areas (KBAs) in the Southern Ocean surrounding Antarctica has the potential to ensure native wildlife in the region does not decline due to human activities, a paper has said.

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DRC partnership launches carbon credit investment bank, forest certification strategy

Published 10:08 on August 19, 2024  /  Last updated at 10:08 on August 19, 2024  / /  Africa, EMEA, Nature-based, Voluntary

A group of investors have announced a partnership focused on the certification and management of rainforest in the Democratic Republic of Congo, in collaboration with the government, with plans to launch a carbon credit investment bank, they said Monday.

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Egyptian voluntary carbon market closes first futures contract, trades -media

Published 13:57 on August 13, 2024  /  Last updated at 20:30 on August 13, 2024  / /  Africa, EMEA, Middle East, Nature-based, Voluntary

Egypt’s voluntary carbon market (VCM) saw the conclusion of its first futures contract and three trades, revealed at the market’s official launch ceremony on Tuesday, according to local media sources.

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Projects with up to 3.5 mln hectares preparing to generate biodiversity credits -research

Published 15:22 on August 12, 2024  /  Last updated at 15:41 on August 12, 2024  / /  Africa, Americas, Asia Pacific, Biodiversity, EMEA

Sixty projects up to 3.5 million hectares of land in size at their largest are in development with the aim of generating biodiversity credits, an international survey has shown.

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German fund pilots biodiversity credit methodology to scale African market

Published 13:45 on August 12, 2024  /  Last updated at 13:45 on August 12, 2024  / /  Africa, Biodiversity, EMEA

A Germany-based investment vehicle is piloting its biodiversity credit methodology for endangered species within a reserve in South Africa, in a bid to increase investors’ appetite towards habitat conservation in the area.

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Zimbabwe wraps up consultations on carbon credit bill that would reinstate 25% benefit sharing -media

Published 17:10 on August 9, 2024  /  Last updated at 17:10 on August 9, 2024  / /  Africa, EMEA, Nature-based, Voluntary

The Zimbabwean government is in the final stages of public consultations on a bill to regulate carbon credits and mandate substantial benefit-sharing with local communities, according to local media.

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More indicators needed for measuring progress on GBF species target -paper

Published 12:35 on August 9, 2024  /  Last updated at 12:35 on August 9, 2024  / /  Africa, Americas, Asia Pacific, Australia, Biodiversity, EMEA, International

More appropriate indicators are needed to measure progress towards the species target of the Kunming-Montreal Global Biodiversity Framework (GBF) beyond the Red List, an academic paper said on Thursday.

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Canadian offset project financier rakes in $11.2 mln from Rwandan, Vietnamese projects

Published 01:42 on August 9, 2024  /  Last updated at 01:42 on August 9, 2024  / /  Africa, Americas, Asia Pacific, Canada, EMEA, Other APAC, Voluntary

A Toronto-headquartered carbon project financier announced Thursday that it has received $11.2 million from the sale of carbon credits from its Vietnamese household device and Rwandan cookstove projects.

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Only 4% of major companies target water pollution, nature benchmark shows

Published 15:16 on August 8, 2024  /  Last updated at 15:16 on August 8, 2024  / /  Africa, Americas, Asia Pacific, Biodiversity, EMEA, International

Just 4% of major companies globally have set targets to reduce their water pollution, the World Benchmarking Alliance said in a survey published on Wednesday.

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