South Africa’s president pushes for green energy as buffer against CBAMs -media
South Africa’s president has urged other developing countries to ditch fossil fuels in favour of green energy in order to avoid having to pay economy-damaging future carbon taxes, Reuters reported on Monday.
Read MoreINTERVIEW: Rabobank adopts new tool to prevent project overlap following double counting claims
Dutch bank Rabobank has adopted a new tool to prevent overlap with any other carbon projects in the same area to where it plans to operate, following its suspension of project activities in Cote d’Ivoire in response to a government request.
Read MoreNGO map shows oil project’s threats to biodiversity-rich park in Uganda
An oil project in the Murchison Falls National Park (MFNP) in Uganda will have a devasting impact on biodiversity, with a number of grave consequences for wildlife and local communities already ongoing, a study has found.
Read MoreSingapore delegation goes carbon credit shopping in Ghana
Singaporean Minister of State for Trade and Industry Alvin Tan has taken a delegation of 22 companies with him to Ghana this week with the intention of cultivating a pipeline of Article 6 carbon credit projects.
Read MoreCarbon exchange confirms auction of Article 6 credits for next week following clarification of transfer technicalities
The much-delayed auction for carbon credits, eligible for international trade under Article 6, from a Malawi clean cooking project has been confirmed for next week, organisers said Friday, after a clarification letter was published specifying that the initial transfer of the corresponding adjustment will occur upon issuance of the units.
Read MoreZimbabwe Article 6 framework to be finalised by year end
The Zimbabwean government has started developing policies for carbon trading under the Paris Agreement and expects to finalise them by end of year, the country’s environment minister told reporters in Harare on Thursday, per local media reports.
Read MoreEgypt’s voluntary carbon market set to open pending regulatory approval of new rules
Egypt’s voluntary carbon market (VCM), two years in the making, is poised to open once the country’s Financial Regulatory Authority (FRA) approves trading rules by the Egyptian Stock Exchange (EGX) and settlement rules by clearing house Taswyaat, both put out this week.
Read MoreMozambican woodlands store around double the carbon previously thought, says study
The miombo woodlands in Mozambique store around twice as much carbon as predicted with conventional methods, researchers led by carbon data provider Sylvera have found using laser-based remote sensing.
Read MoreSBTi set to pilot test new net zero standard for financial institutions
The Science Based Targets initiative (SBTi) is inviting financial institutions to apply to take part in its pilot standard for net zero targets in the sector, it announced on Wednesday.
Read MoreMorocco’s Article 6 protocols enter final design phase -media
Morocco’s frameworks to support sovereign carbon trading are being finalised, according to local media sources.
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