Voluntary carbon market participation skewed toward wealthy nations, NGO study finds
There is a disparity in the voluntary carbon market (VCM), with the majority of companies implementing and managing carbon projects in wealthier developed nations, according to research published on Monday.
Read MoreZimbabwe plans for carbon market under new climate change bill
The Zimbabwean government is moving forward with plans to establish carbon trading mechanisms in its second-largest city, as part of the nation’s new Climate Change Management Bill.
Read MoreFEATURE: Egypt’s Article 6 bet could cash in, but doubts remain around additionality
Egypt is slated to receive $6 billion in loans from the World Bank by 2027 contingent in part on meeting Article 6 carbon trading infrastructure milestones – but the North African country’s proclivity for renewables projects could compromise credible additionality.
Read MoreDjibouti issues Article 6 letter of authorisation for unvalidated blue carbon project
The government of Djibouti has granted a concession and produced a Letter of Authorisation (LoA) for a mangrove restoration project, committing to corresponding adjustment of the resulting mitigation outcomes, according to documents seen by Carbon Pulse.
Read MoreEgyptian voluntary carbon market opens for trading, awaits first deals -media
Egypt’s long-awaited voluntary market (VCM) is ready to start trading, and the Egyptian Stock Exchange (EGX) is currently awaiting the execution of its very first deals, according to local media reports.
Read MoreBiodiversity credit firms partner to scale nature markets
Two of the participants in the emerging biodiversity credit market are partnering to align their work with the aim of scaling nature markets in Africa, Europe, and the Americas, Carbon Pulse has learned.
Read MoreDeveloped countries should contribute trillions to support climate finance, BASIC bloc says
The BASIC group of Brazil, South Africa, India, and China have repeated demands that rich countries ramp up their climate finance contributions, urging them to commit trillions of dollars to assist developing countries in reducing their greenhouse gas emissions.
Read MorePresident Ramaphosa signs into law South Africa’s landmark Climate Change Bill
South African President Cyril Ramaphosa has signed into law the country’s landmark Climate Change Bill, imposing emissions caps on major polluters, the government announced on Tuesday.
Read MoreFEATURE: Methane reduction additive for livestock shows highly variable rates -study
The typical feed additive used to curb livestock emissions in carbon projects has a highly variable methane reduction potential depending on factors such as animal diet, breed, and how the additive is administered, according to findings in a recent study.
Read MoreAuction of Malawi’s Article 6 cookstove carbon credits clears, meeting reserve price
A voluntary carbon trading platform’s sale of 1.5 million Internationally Transferred Mitigation Outcomes (ITMOs) at a minimum of $10 each generated by clean cooking projects in Malawi has cleared, meeting the reserve price in the final minutes across all three lots on offer before closing.
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