Nigeria must bring in carbon market regulations soon to attract investment -experts

Published 14:00 on January 27, 2025  /  Last updated at 14:00 on January 27, 2025  / /  Africa, Carbon Taxes, EMEA, Voluntary

The government of Nigeria must legalise carbon market regulations soon in order to boost investor confidence and promote participation, according to experts at a recent stakeholders’ consultation.

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EXCLUSIVE: ICVCM now expects CCP decision on cookstove carbon methodologies by end of March

Published 11:47 on January 27, 2025  /  Last updated at 11:47 on January 27, 2025  / /  Africa, Americas, Asia Pacific, EMEA, Voluntary

The Integrity Council for the Voluntary Carbon Market (ICVCM) now expects the decision on which cookstove methodologies will qualify for its Core Carbon Principles (CCP) quality label to be published by the end of March, several months after initially planned.

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Zambia publishes carbon market framework in step towards Article 6 trade

Published 16:21 on January 24, 2025  /  Last updated at 16:21 on January 24, 2025  / /  Africa, EMEA, International, Nature-based, Paris Article 6, Voluntary

Zambia has published a carbon market framework, which establishes a fee structure for international credit trade, the institutional arrangements for managing markets in the country, and the functions of its national registry, as it moves a step closer towards Article 6 readiness.

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Global Carbon Council submits application for programme-level assessment to ICVCM

Published 10:51 on January 24, 2025  /  Last updated at 10:51 on January 24, 2025  / /  Africa, EMEA, Middle East, Voluntary

The Global Carbon Council (GCC) announced Friday it has submitted its programme-level assessment application to the Integrity Council for the Voluntary Carbon Market (ICVCM).

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“There is still hope” for a renewables revolution, despite Trump -experts

Published 19:38 on January 23, 2025  /  Last updated at 19:38 on January 23, 2025  / and /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, South & Central, South Korea, Switzerland, US

The goal of tripling global renewable energy capacity by the end of this decade is still within reach, despite the US likely backtracking on its energy transition in the next four years, renewable energy leaders and governments said on Thursday.

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Global Energy Transition Forum launched in Davos, in support of UN climate goals

Published 15:21 on January 23, 2025  /  Last updated at 15:21 on January 23, 2025  / /  Africa, Climate Talks, EMEA, International

European Commission President Ursula von der Leyen launched a new Global Energy Transition Forum on Thursday, with the intention of supporting UN countries’ climate plans.

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DRC to create huge tropical forest reserve, generate carbon credits

Published 17:23 on January 22, 2025  /  Last updated at 17:23 on January 22, 2025  / /  Africa, EMEA, Nature-based, Voluntary

The Democratic Republic of Congo (DRC) will create a protected area the size of France to protect its tropical rainforest, the country announced in Davos Wednesday, which will include raising finance via carbon markets.

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Egyptian regulator forms advisory group to VCM supervisory body -media

Published 15:16 on January 22, 2025  /  Last updated at 15:16 on January 22, 2025  / /  Africa, EMEA, Middle East, Voluntary

Egypt has formed an advisory group for the body already tasked with supervising its regulated voluntary carbon market (VCM) model, according to local media.

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Pricing carbon internally is key for corporate climate leadership, says non-profit

Published 17:15 on January 21, 2025  /  Last updated at 17:15 on January 21, 2025  / /  Africa, Americas, Asia Pacific, China, EMEA, International, US, Voluntary

Using an internal carbon price is one of the four key levers that companies must pull in order to be a climate leader, although only 41% of corporate frontrunners are doing so thus far, said a non-profit during the World Economic Forum in Davos.

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Arab League signs MOU with Qatar-based centre to build Article 6 capacity -media

Published 14:42 on January 21, 2025  /  Last updated at 14:42 on January 21, 2025  / /  Africa, EMEA, International, Middle East, Paris Article 6

The Arab League on Monday signed a Memorandum of Understanding (MoU) with a Qatari sustainability institution to enhance regional cooperation and build local capacity on carbon markets, according to reports in regional media.

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