Kenya draft carbon regulation to impose trading cap, could withhold ITMOs
Kenyan draft carbon regulations would establish a ‘carbon budget for trading’ for each UN target-setting period and empower the government to withhold Paris Article 6 ITMO credits in the course of project authorisation, among other provisions.
Read MoreCarbon financier cuts jobs, seeks investment amid cash flow squeeze
A large carbon financier is cutting jobs and seeking fresh investment amid a cash flow squeeze, the company said Tuesday.
Read MoreVCM Report: Credits from African soil carbon project hang in balance to further knock market confidence
Confidence in the integrity of the voluntary carbon market took another blow last week after a court ruling threatened to invalidate credits from the world’s largest soil carbon project, amid continued low prices across the sector.
Read MoreCarbon Pulse launches new Article 6 Portal
In another step towards a more comprehensive data offering, Carbon Pulse has launched a free-access Article 6 Portal tracking international carbon market developments under the Paris Agreement.
Read MoreGhana to explore pension scheme funded by carbon credits, green group hits back -media
The parliament of Ghana has set up a committee to explore a proposed pension scheme for the members which will be funded by revenues generated from carbon credits, even as the idea has been severely criticised by a local non-profit.
Read MoreINTERVIEW: New Climate Label certification could raise almost $7 mln annually for carbon credits
A new certification requiring consumer brands to set a $15/tonne internal carbon fee could raise $6.75 million this year to be spent on carbon credits, if the companies signed up so far maximise the full potential of offsetting available to them.
Read MoreGerman multinational enters African soil carbon market with first Kenyan projects
A German multinational has partnered with a business consortium in Kenya to facilitate soil carbon offset projects in the East African nation and across the continent.
Read MoreUK nature credit company acquires South African developer
An England-based nature tech company announced on Thursday it has reached an agreement to acquire a South Africa-headquartered project developer, aiming to advance its ongoing work on nature credits.
Read MoreCanadian firm to provide dMRV service for major Article 6 cookstoves programme in Nigeria
A greenhouse gas software service provider has partnered with an African cookstoves developer to support digital quantification and verification of carbon credits resulting from the distribution of millions of improved cookstoves across Nigeria over the next five years.
Read MoreNorway to launch next phase of forest satellite data programme
Norway’s rainforest protection initiative is preparing to launch a new phase of its satellite data programme later this year to strengthen monitoring of deforestation, forest degradation, and biodiversity in tropical forests, the government announced this week.
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