NA100 publishes guide on engaging with priority sectors

Published 15:51 on March 27, 2024  /  Last updated at 15:51 on March 27, 2024  / /  Africa, Americas, Asia Pacific, Australia, Biodiversity, EMEA, International, US

A guide for investor members of the Nature Action 100 (NA100) initiative on engaging with companies in eight priority sectors has been published by non-profit Ceres.

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EU businesses and governments look to Mauritania to fulfill their hydrogen ambitions

Published 13:06 on March 27, 2024  /  Last updated at 13:09 on March 27, 2024  / /  Africa, EMEA, International

EU firms and governments are promoting green hydrogen infrastructure in Mauritania, in a push that could account for most of the bloc’s 2030 target for green hydrogen imports and capitalise on the country’s proximity, cheaper production costs, favourable regulatory environment, and vast solar and wind energy potential.

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Africa biodiversity advisor warns against relying too heavily on private financing, credit markets

Published 05:48 on March 27, 2024  /  Last updated at 05:48 on March 27, 2024  / /  Africa, Biodiversity, EMEA, International

Relying on private financing such as environmental credits as the main means to scale funding of nature could be “a risky strategy”, a top advisor to African biodiversity negotiators said Tuesday.

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SBTi has no plans to validate voluntary carbon credit use towards corporate emissions targets

Published 15:09 on March 26, 2024  /  Last updated at 15:49 on March 26, 2024  / /  Africa, Americas, Asia Pacific, Australia, Canada, EMEA, International, Japan, Middle East, Nature-based, New Zealand, South & Central, South Korea, Switzerland, US, Voluntary

The Science Based Targets initiative (SBTi) will not bow to pressure and validate the use of voluntary carbon credits to help a company achieve its emission targets, the body confirmed to Carbon Pulse Tuesday.

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VCM Report: Market pauses as ICAO delays approval of new standards, ICVCM wades through voluntary carbon methodologies

Published 17:05 on March 25, 2024  /  Last updated at 17:22 on March 25, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Trade in the voluntary carbon market stumbled last week under a cloud of uncertainty created by key organisations.

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Water overlooked in voluntary sector but market potential tops 1.6 bln carbon credits a year, finds report

Published 14:06 on March 22, 2024  /  Last updated at 14:06 on March 22, 2024  / /  Africa, Americas, Asia Pacific, Australia, China, EMEA, International, Middle East, Nature-based, New Zealand, South Korea, Voluntary

The total global potential for voluntary carbon credits generated from water-related projects could top 1.6 billion tonnes of CO2 a year, but the sector has been overlooked by project developers and investors, partly because of a lack of methodologies, finds a new report.

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Microsoft inks latest purchase of 95,000 voluntary CDR credits after string of deals

Published 17:56 on March 21, 2024  /  Last updated at 17:56 on March 21, 2024  / /  Africa, Americas, EMEA, Nature-based, South & Central, US, Voluntary

Microsoft has signed a pre-purchase agreement with a Swiss carbon project developer for 95,000 voluntary carbon removal (CDR) credits from a biochar facility in Mexico, following shortly after Shell struck a similar deal.

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Dutch civil rights group warns “wider investigation” findings will follow Kenyan REDD carbon project scandal

Published 16:47 on March 21, 2024  /  Last updated at 16:47 on March 21, 2024  / /  Africa, EMEA, International, Nature-based, Voluntary

A Dutch civil rights campaigner group has placed the avoided deforestation voluntary carbon sector on red alert with a pledge to soon publish a ‘wider investigation’ on offsetting and human rights, which builds on its covert probe that uncovered sexual offences by senior staff at a Kenyan project.

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African cookstove carbon project developer attracts $18 mln in funding

Published 13:06 on March 21, 2024  /  Last updated at 13:06 on March 21, 2024  / /  Africa, Americas, EMEA, US, Voluntary

A cookstove manufacturer and project developer has attracted $18 million from a carbon investor and a private equity group to fund the production and distribution of cookstoves across Africa that will generate voluntary credits.

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Global biodiversity fund approves first grants

Published 01:13 on March 21, 2024  /  Last updated at 17:17 on March 21, 2024  /  Africa, Americas, Biodiversity, EMEA, South & Central

The Global Biodiversity Framework Fund (GBFF) has approved its first grants, agreeing to spend $40 million on four projects in Brazil, Gabon, and Mexico, administrator Global Environment Facility (GEF) announced Wednesday.

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