South African exchange to start voluntary carbon credit trade within two months -Bloomberg

Published 09:48 on March 20, 2024  /  Last updated at 09:48 on March 20, 2024  / /  Africa, Carbon Taxes, EMEA, Nature-based, Voluntary

The Johannesburg Stock Exchange (JSE) will start trading voluntary carbon credits within a matter of months, its chief executive told Bloomberg.

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Seychelles to host first African on-land regenerative coral aquaculture facility

Published 08:42 on March 20, 2024  /  Last updated at 08:42 on March 20, 2024  / /  Africa, Biodiversity, EMEA

A Seychelles-based environmental non-profit is spearheading a project to build Africa’s first on-land regenerative coral aquaculture facility, paving the way for innovating coral reef conservation and restoration in the region.

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Community leaders slam investigation process that led to REDD voluntary carbon project suspension

Published 17:46 on March 19, 2024  /  Last updated at 18:01 on March 19, 2024  / /  Africa, Americas, EMEA, Nature-based, US, Voluntary

Community leaders of a Kenyan REDD avoided deforestation voluntary carbon project that was mired by a sexual offences scandal have sternly rebuked the handling of the investigation, alleging disgruntled former employees were offered cash to make statements that were embellished to suit the narrative.

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Study calls for broader definition of blue carbon ecosystems to help finance conservation efforts

Published 06:56 on March 19, 2024  /  Last updated at 06:56 on March 19, 2024  / /  Africa, Americas, Asia Pacific, Australia, EMEA, Nature-based, US, Voluntary

A broader definition of blue carbon ecosystems could help fund conservation efforts by unlocking greater carbon credit supply, according to a study released this week.

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ANALYSIS: Ageing UN carbon projects eye voluntary carbon market opportunities in light of Article 6 delays

Published 17:47 on March 18, 2024  /  Last updated at 17:47 on March 18, 2024  / /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary

Projects from the UN’s Kyoto Protocol-era Clean Development Mechanism (CDM) are transitioning to the voluntary carbon market (VCM) in light of stalling Article 6 negotiations, experts have told Carbon Pulse, though some caution that opportunities may only be short term, and units could be a tough sell for some buyers.

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FEATURE: Scientists enhancing the carbon appetite of crops explore voluntary market opportunity

Published 17:04 on March 18, 2024  /  Last updated at 17:04 on March 18, 2024  / /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Nature-based, US, Voluntary

Scientists developing gene-edited crops with deeper root systems that sequester more CO2 expect the first carbon credits to be generated in the next couple of years from farmers adopting their varieties.

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VCM Report: Low price trade dominates voluntary carbon market as liquidity thins ahead of CCPs arrival

Published 16:39 on March 18, 2024  /  Last updated at 16:39 on March 18, 2024  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, China, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Over-the-counter trade seems to have slowed in the voluntary carbon market and retirement levels have fallen ahead of the much-anticipated announcement at the end of the month of the first methodologies that will qualify for the Core Carbon Principles (CCPs) stamp of high integrity.

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Verra removes troubled REDD carbon project in DRC from registry

Published 16:27 on March 15, 2024  /  Last updated at 09:13 on March 19, 2024  / /  Africa, Americas, EMEA, Nature-based, US, Voluntary

Verra has removed a voluntary carbon REDD avoided deforestation project in the Democratic Republic of Congo (DRC) from its registry after a senior government committee recommended that its concession contracts, alongside many others, be cancelled for breaking the law, the standard body told Carbon Pulse Friday.

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EU bank to invest millions in climate resilience of Rwanda’s farming sector

Published 16:50 on March 14, 2024  /  Last updated at 16:50 on March 14, 2024  / /  Africa, Climate Talks, EMEA, International

The international arm of the European Investment Bank, EIB Global, will help farmers in Rwanda face climate change under a financing agreement announced on Thursday as part of the EU Global Gateway initiative.

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INTERVIEW: Carbon royalties for state, market exposure for communities would help Article 6 succeed -developer

Published 13:58 on March 14, 2024  /  Last updated at 13:58 on March 14, 2024  / /  Africa, Asia Pacific, EMEA, International, Nature-based, Paris Article 6, Voluntary

Allowing governments access to a portion of the credits from carbon projects they host, and giving communities greater exposure to markets, would help Article 6 to get off the ground, according to a project developer.

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