Major Japanese firms join Africa-focused carbon credit initiative
A trio of major Japanese companies have joined an alliance seeking to generate tens of millions of carbon credits this decade, with a main focus on Africa.
Read MoreWomen under-represented in sub-Saharan African clean energy firms but still far ahead of the G20, global average -report
Sub-Saharan African (SSA) women remain “severely under-represented” in management at clean energy companies, but insights from women in the field can inform better outcomes, according to a joint report published Sunday by an NGO and a recruitment company.
Read MoreForestry conservation projects face chop in DRC after govt committee reassesses concession contracts
A number of forestry conservation schemes in the Democratic Republic of Congo, including a Verra-approved REDD+ avoided deforestation project that has sold some 1.3 million voluntary offsets to date, are in line for the chop after a senior government committee recommended that their concession contracts be cancelled for breaking the law.
Read MoreDeep sea mining could lead to multi-billion toll of natural capital destruction
Deep sea mining for resources such as polymetallic nodules used in the energy transition could lead to more than $500 billion in value destruction, including at least $465 bln of natural capital loss, according to a report which finds preserving the deep sea to be worth at least 10 times more than exploiting it.
Read MoreINTERVIEW: VCMI to road test flexibility claim with companies, aims to launch by year end
The Voluntary Carbon Markets Integrity Initiative (VCMI) plans to road test its flexibility claim idea with companies over the next seven to eight months, despite it clashing with SBTi rules.
Read MoreExponential biochar carbon removal growth to split in two directions, report finds
Expectations of exponential growth in the biochar carbon removal market will split between a low-cost artisanal approach focusing on smallholder farmers in the Global South and high investment large industrial facilities in the Global North, finds a report.
Read MoreTaiwan carbon exchange signs MoU to source carbon credits from Eswatini
Taiwan’s stock and carbon exchanges signed Memorandums of Understanding (MoU) with their market counterparts in the African kingdom of Eswatini, aiming to link the two nation’s carbon markets, they announced Tuesday.
Read MoreUAE-based carbon project developer Blue Carbon solicits applicants to support activity design, monitoring
Blue Carbon, a Dubai-based carbon project developer aiming to participate in Article 6 markets, has issued a request for proposals (RFP) to obtain support for design and monitoring across its portfolio.
Read MoreREQUEST FOR PROPOSALS: Carbon Project Development Services – Blue Carbon
Blue Carbon’s primary aim is to develop “Mitigation Outcomes” that are transferable as ITMOs through the mechanisms provided by Article 6 of the Paris Agreement. This includes both an Article 6.2 and 6.4 approach, as deemed appropriate. Having signed several exploratory MOUs and agreements with countries particularly across Africa, Blue Carbon is seeking PDD development services that will support project development.
Read MoreVCM Report: Voluntary carbon buyers sitting on sidelines despite high levels of credit retirements
Prices failed to budge, liquidity was thin last week, and there was a mix of opinion about the direction of the voluntary carbon market, with sources reporting a flood of new offers posted while others noted the cupboard was starting to run bare of good quality.
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