Zimbabwe awards Sri Lankan firm licence to build its national carbon registry

Published 22:30 on December 16, 2024  /  Last updated at 22:30 on December 16, 2024  /  Africa, Asia Pacific, International, Nature-based, Other APAC, Paris Article 6, Voluntary

Zimbabwe has awarded a Sri Lankan firm the contract to develop its national carbon registry, as part of efforts to advance its climate policies and align with Article 6 of the Paris Agreement.

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VCM Report: Retirement levels drop, market subdued amid ICVCM, CORSIA confusion

Published 16:45 on December 16, 2024  /  Last updated at 16:45 on December 16, 2024  / /  Africa, Americas, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Retirement levels of voluntary carbon credits were relatively low last week to dash hopes of a year-end flurry, while drama around a recent REDD+ decision from the Integrity Council for the Voluntary Carbon Market (ICVCM) brought the Core Carbon Principles (CCPs) badge of quality into the spotlight.

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BRICS can link up carbon markets by harmonising standards and methodologies -Russian report

Published 13:41 on December 16, 2024  /  Last updated at 13:41 on December 16, 2024  / /  Africa, Americas, Asia Pacific, China, EMEA, Middle East, Voluntary

Harmonising the rules around growing carbon markets in the BRICS countries would support international trade within the bloc, reducing barriers to cross-border carbon trading and attracting more investors, according to a Russian report.

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FEATURE: Cookstove carbon project developers optimistic about ICVCM, even if sector shunned for quality label

Published 11:58 on December 16, 2024  /  Last updated at 11:58 on December 16, 2024  / /  Africa, Americas, Asia Pacific, EMEA, Voluntary

Clean cooking carbon project developers are generally optimistic about the Integrity Council for the Voluntary Carbon Market’s (ICVCM) assessment process, even if methodologies are rejected from the organisation’s quality stamp.

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Economists urge caution on carbon taxation in Sub-Saharan Africa, citing ineffectiveness and poverty risks

Published 00:40 on December 14, 2024  /  Last updated at 00:40 on December 14, 2024  /  Africa, Carbon Taxes, EMEA, International, Nature-based, Voluntary

Introducing carbon taxes in sub-Saharan Africa (SSA) could prove both ineffective in curbing emissions and detrimental to the region’s poor, economists warn in a new study

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Zimbabwe’s sovereign REDD baseline is transparent, complete, say UN assessors

Published 23:04 on December 11, 2024  /  Last updated at 23:04 on December 11, 2024  / /  Africa, EMEA, International, Nature-based, Paris Article 6, Voluntary

A UN technical assessment team has concluded that the data and information used by Zimbabwe to construct its official forest carbon baseline are transparent, complete, and aligned with UN REDD guidance, potentially opening the country up to future sovereign forestry credit issuances.

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Voluntary carbon credit standard partners with registry, exchange operators

Published 22:01 on December 11, 2024  /  Last updated at 22:01 on December 11, 2024  /  Africa, Asia Pacific, EMEA, International, Middle East, Nature-based, Other APAC, US, Voluntary

A major voluntary carbon credit standard has signed two partnership agreements with registry and exchange operators aimed at enhancing the market by improving transparency, liquidity, and integrity in transactions.

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Industrial biochar project in Namibia hits the ground boasting long-term carbon removal

Published 14:40 on December 10, 2024  /  Last updated at 14:40 on December 10, 2024  / /  Africa, EMEA, Nature-based, Voluntary

A new project for industrial biochar carbon removal has been launched in Namibia via a partnership between a German non-profit and the local subsidiary of a biochar developer.

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29 banking jurisdictions beginning nature focus, UNEP FI says

Published 12:01 on December 10, 2024  /  Last updated at 11:46 on December 10, 2024  / /  Africa, Americas, Asia Pacific, Biodiversity, EMEA, International

Some 29 jurisdictions, totalling more than €75 trillion of banking assets, have started reflecting nature-related considerations in their regulations, the UN Environment Programme Finance Initiative (UNEP FI) has said in a report.

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Liberia national carbon policy to push Article 6 markets, achieve UN targets

Published 18:39 on December 9, 2024  /  Last updated at 18:39 on December 9, 2024  / /  Africa, EMEA, International, Paris Article 6

Liberia plans to design a national policy on carbon markets as a precursor to instituting legal and governance frameworks for Article 6 carbon trading under the Paris Agreement, with the ultimate goal of achieving its forthcoming Nationally Determined Contribution (NDC) UN climate targets.

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