Project developer secures funding for large ARR project in South Africa
A carbon project developer has secured funding from a group of climate finance investors to fund the first phase of its ARR project in South Africa that can generate more than 30 million carbon credits during its lifetime, it announced Tuesday.
Read MoreSingapore, Sweden strike deals with Ghana to trade Article 6 carbon credits
Ghana, a forerunner in developing Article 6 trade, has struck deals with Singapore and Sweden that will see sovereign carbon credits from the West African country fulfill climate obligations abroad.
Read MorePREVIEW: South African elections see parties resist coal phaseout as development takes centre stage
South African voters head to the polls Wednesday amid energy shortages, a proposed carbon tax hike, and incoming international carbon tariffs, with the country’s three biggest parties open to adding new energies to the national mix but resistant to transitioning away from coal.
Read MoreVCM Report: Early voluntary carbon summer doldrums brightened by high bids for Article 6, some nature credits
The summer doldrums has arrived early in the voluntary carbon sector this year after another week of generally thin liquidity and sideway pricing, but pockets of high-priced trades for nature-based credits and early interest in Article 6-eligible units propped up optimism for the future.
Read MoreNon-profit drafts recommendations for enhancing Africa’s biodiversity credit markets
A Swiss-headquartered non-profit has released a set of recommendations to bolster Africa’s biodiversity credit markets, including setting minimum price floors for units and establishing an independent body tasked with determining project outcomes.
Read MoreMalawi finalises carbon trading regulatory framework, registers 11 projects -media
Malawi has finalised its carbon trading regulatory framework, according to media sources, and so far registered 11 projects following a government review into its market activity last year.
Read MoreOvercoming the overcast: Climate data firm details how persistent cloud cover hampers tropical forest carbon mapping
Persistent cloud cover poses a substantial challenge for remote sensing technologies that require clear skies to accurately map land covers and measure forest biomass, according to a climate data analytics firm.
Read MoreNigerian govt agency invests in cookstoves developer to boost production, generate voluntary carbon credit revenue
A Nigerian government agency has invested in a domestic cookstoves manufacturing firm and a carbon offset project developer to increase production of cookstoves and to leverage the credit proceeds, the agency announced Thursday.
Read MoreVerra consults on proposed changes to voluntary carbon reforestation methodology VM0047
Verra has launched a public consultation on a voluntary carbon methodology for afforestation, reforestation and revegetation, as well as a tweak to a second related programme for the project activity, it announced this week.
Read MoreZambia signs $30-mln agreement with World Bank to reduce greenhouse gas emissions
The government of Zambia has entered into an agreement with the World Bank to cut greenhouse gas emissions in the Eastern Province of the African nation, the bank announced this week.
Read More
