Nature-based climate solutions gain traction in Global South cities, but challenges remain -report
Nature-based solutions (NBS) are being increasingly adopted to address urban environmental challenges in cities across the Global South, but significant obstacles remain, particularly in the areas of policy alignment and community participation.
Read MoreVCMI partners on initiative to improve climate prosperity using carbon markets
The Voluntary Carbon Market Integrity Initiative (VCMI) has agreed to work with a global partnership of vulnerable countries to broaden access to climate finance through the carbon markets.
Read MoreTop 20 fossil fuel countries need to ramp up transition in next Paris pledges -report
A third of the world’s 20 largest fossil fuel-producing countries made no mention of oil, gas, or coal in their last round of Paris Agreement pledges, while those that do mention it talk, explicitly or implicitly, about a continuation or increase in production, according to analysis published on Thursday.
Read MoreWorld faces “staggering” oil glut by end of decade, threatening rise in demand, warns IEA
Peak global oil demand will be reached in 2030 amid a “unprecedented” glut of supply after investors were caught napping by the rush to adopt clean technologies, warned the International Energy Agency (IEA) on Wednesday.
Read MoreIssuances of poor-quality voluntary credits fall in 2024, finds rating agency
Issuances of the lowest-quality credits have fallen by almost half so far this year as a total share of the market, although the grade continues to house the largest share of credits, according to a rating agency.
Read MoreAcademics find holes in Verra’s new consolidated voluntary carbon methodology for REDD+
Verra’s consolidated methodology for REDD+ could still see voluntary carbon project developers use inside knowledge to cherry pick forests that are unlikely to be chopped down, because they have been overlooked in the jurisdictional maps used to assess the risk of deforestation, warns a new academic paper.
Read MoreKenya adds ‘flower power’ to extensive carbon markets engagement, forex goals -media
Kenya, a regional frontrunner in the voluntary market (VCM), has announced plans to facilitate carbon project development on flower farms to mitigate emissions and increase foreign exchange earnings for the country, according to local media.
Read MoreRainforest Alliance, Swiss firm team up to scale sustainable farming in Kenya
Non-profit Rainforest Alliance and a Switzerland-based advisory company have announced a partnership to boost investments towards conservation efforts among Mount Kenya’s farming communities.
Read MoreOECD launches call for IEA to procure clean cookstove, SAF carbon credits
The OECD has launched a call for tenders, on behalf of the International Energy Agency (IEA), to source suppliers of clean cookstove and sustainable aviation fuel (SAF) carbon credits.
Read MoreVCM Report: CCP-tagged voluntary carbon credits fail to ignite market, hopes pinned on slow burn impact
The first voluntary credits tagged with the Core Carbon Principles (CCP) label nudged higher last week, after the ICVCM approved its methodologies, but expectations that the integrity-stamped units would immediately spark demand were snubbed out.
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