Article 6 cookstove carbon credit supply builds in Verra registry, but few retirements

Published 17:54 on June 21, 2024  /  Last updated at 17:54 on June 21, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Paris Article 6, Voluntary

More than 2.4 million cookstove carbon credits have been tagged with an Article 6 authorisation label in the Verra registry but only a tiny number have been retired, data shows Friday.

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NGOs call for cancelling ‘disastrous’ oil permit in Rep. of Congo’s most biodiverse protected area

Published 11:28 on June 21, 2024  /  Last updated at 11:28 on June 21, 2024  / /  Africa, Biodiversity, EMEA

Human rights activists in the Republic of Congo (RoC) and other NGOs have called for the revocation of an oil exploration permit in Conkouati-Douli National Park, saying it will gravely threaten the most biodiverse protected area in the country.

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Alarm bells in Central Africa as Congo Basin forests face 27% reduction by 2050

Published 01:02 on June 21, 2024  /  Last updated at 01:02 on June 21, 2024  /  Africa, EMEA, International, Nature-based, Voluntary

The Congo Basin, central to global carbon sequestration efforts, is under severe threat from deforestation and unsustainable exploitation, with projections indicating a potential 27% reduction in forest cover by 2050 unless immediate action is taken, experts have warned.

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Voluntary carbon platform to auction 1.5 mln Article 6 credits from Malawi cookstoves

Published 14:15 on June 20, 2024  /  Last updated at 14:15 on June 20, 2024  / /  Africa, Climate Talks, EMEA, International, Paris Article 6, Voluntary

A voluntary carbon trading platform will auction 1.5 million Internationally Transferred Mitigation Outcomes (ITMOs) at a minimum of $10 per tonne generated by clean cooking projects in Malawi, it announced Thursday.

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Huge REDD carbon project planned in Mozambique

Published 14:15 on June 19, 2024  /  Last updated at 14:55 on June 19, 2024  / /  Africa, EMEA, Nature-based, Voluntary

A large REDD voluntary carbon project that will span 4 million hectares has been given the go-head by the government of Mozambique.

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Recycling shifts focus away from effective ways to tackle plastic crisis -report

Published 09:00 on June 19, 2024  /  Last updated at 13:01 on June 14, 2024  / /  Africa, Americas, Asia Pacific, Biodiversity, EMEA, International, Voluntary

Industry promotion of recycling through instruments like plastic credits distracts from the urgent need to reduce overall production, with less than 10% of plastic recycled globally, according to a sustainable finance think-tank.

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Cote d’Ivoire receives $35 mln for forest carbon emissions reductions under World Bank programme

Published 13:57 on June 18, 2024  /  Last updated at 13:57 on June 18, 2024  / /  Africa, EMEA, Nature-based, Voluntary

Cote d’Ivoire has received $35 million from the World Bank for successfully reducing 7 mln tonnes of carbon emissions, according to a release Tuesday.

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Plan Vivo, consultancy set to launch nature-based pilots across Asia and Africa

Published 11:32 on June 18, 2024  /  Last updated at 11:32 on June 18, 2024  / /  Africa, Asia Pacific, EMEA, International, Nature-based, Voluntary

Nature and carbon standard Plan Vivo has partnered with a UK-based consultancy to launch a series of nature-based pilot projects in Asia and Africa towards the end of the year.

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Native forest restoration firm sells first voluntary carbon credits from global accelerator

Published 00:01 on June 18, 2024  /  Last updated at 18:41 on June 17, 2024  / /  Africa, EMEA, International, Nature-based, Voluntary

A native forest restoration firm announced on Tuesday that it had sold the first carbon credits generated from its global accelerator.

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INTERVIEW: Nascent methane certification market set for surge with new EU reporting rules

Published 16:02 on June 17, 2024  /  Last updated at 16:02 on June 17, 2024  / /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Voluntary

New EU reporting requirements for imports of certain goods could soon fuel a small, nascent voluntary trading market for one potent climate-warming pollutant — methane — and help to clamp down on its emissions.

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