Kenya grassland project may receive carbon credit issuances, despite uncertain future
The owners of the world’s largest soil carbon project could still receive carbon credits, despite its future hanging in the balance, with no action yet taken by standard-setter Verra to prevent issuance.
Read MoreBRIEFING: Carbon capture is a public good, needs policies to drive growth -experts
Carbon capture and storage (CCS) is vital to reach net zero emissions, but projects need to be driven by climate policies to prevent the technology from being used as an excuse to keep fossil fuels alive, experts said.
Read MoreNigerian state govt partners with Moroccan firm on carbon farming initiatives
The government of Kano in Nigeria has partnered with a Moroccan agri-tech firm to enhance agricultural productivity while enabling farmers in the state to earn carbon credits, as reported by several local media sources.
Read MoreMost REDD+ carbon projects bring both monetary and non-monetary benefits -report
Eighty-nine percent of REDD+ carbon projects propose a mix of monetary and non-monetary benefits, according to a recent report that analysed 347 projects across 55 countries.
Read MoreAustrian project developer looks to tap into Uganda’s carbon removal potential
An Austrian developer is talking to Uganda about leading on agriculture and forestry carbon credit projects that could generate up to $500 million of investments in the country, according to local media sources.
Read MoreSwiss agency signs purchase agreement with cookstove project developer for ITMOs from Africa
The Swiss organisation arranging Article 6 deals on the country’s behalf has inked a purchase agreement with an Australian project developer for Paris-aligned carbon credits from a clean cooking initiative in Malawi.
Read MoreBRIEFING: Global carbon market traded volume surges in 2024, valuation remains flat -analysts
Global carbon markets saw their value marginally rise to above €800 billion in 2024, according to annual research published by analysts, while traded volume jumped by almost 25% year-on-year amid buoyant activity across nearly all systems.
Read MoreUganda developer secures additional funding to scale forestry project
A California-based climate finance firm has made an early-stage investment in a forestry project in northern Uganda, which is projected to remove 17 million tonnes of CO2e from the atmosphere.
Read MoreGlobal wind and solar capacity expands in 2024, but project delays persist, G7 falls behind -report
The global pipeline of utility-scale solar and wind projects grew by more than 20% in 2024, yet sluggish implementation – notably from the world’s richest countries – continues to hinder progress towards renewable energy targets, according to a new report.
Read MoreFrench investor announces coalition to support €350 mln NbS fund
A French asset manager announced last week a coalition of investors and partners to support its €350 million natured-based solutions (NbS) fund focused on sustainable agriculture.
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