Policy incentives needed to balance CDR development given wide price spreads -survey
More policy incentives are needed to encourage the nascent carbon removal (CDR) sector, given a wide gap in price perceptions among market participants, according to results of a recent pricing survey.
Read MoreTanzania to establish clean cooking energy fund linked to carbon trading -media
Tanzania is finalising plans to establish a Clean Cooking Energy Fund aimed at subsidising cooking gas prices for low-income households, with financing tied to carbon credits, local media reported on Thursday.
Read MoreGabon launches sovereign carbon initiative with $17/t “contribution”, CORSIA-linked offsetting provisions
Forest-rich Gabon has launched a sovereign carbon initiative that will require air travel and shipping operators to pay a $17-per-tonne emissions “contribution” to cover some of their climate impact from journeys to and from the African country, as well as provisions linked to offsetting using CORSIA-eligible credits.
Read MoreInaugural $500-mln bond for climate action hugely oversubscribed
An inaugural bond for climate action has raised $500 million from largely EMEA-based investors in a round that was over six times oversubscribed.
Read MoreNigeria crafts roadmap to protect carbon-rich mangroves, access $4 bln fund -media
Nigeria is developing a national roadmap to protect its carbon-rich mangroves and secure grants from the $4 billion Mangrove Breakthrough Alliance, according to local media reports.
Read MoreCARBON FORWARD MIDDLE EAST: Financial, data rules “key building blocks” for MENA carbon markets -exchange
Middle Eastern and North African (MENA) countries need clarity on asset classes and information security – not just environmental regulations – to attract investment in carbon markets, the director of a carbon credit exchange told Carbon Forward Middle East in Abu Dhabi on Thursday.
Read MoreAfrican Natural Capital Alliance reveals fellowship members
The African Natural Capital Alliance (ANCA) has revealed 22 members of its fellowship programme, which seeks to raise biodiversity finance, including executives from several large financiers.
Read MoreCARBON FORWARD MIDDLE EAST: Arab League, voluntary carbon standard to sign Article 6 MoU -executive
The Arab League will next week sign a memorandum of understanding (MoU) with a voluntary carbon standard to build capacity for Paris Agreement carbon markets, an executive told Carbon Forward Middle East in Abu Dhabi on Thursday.
Read MoreNuclear resurgence locked and loaded as SMRs lead the way to a new finance era -IEA
Nuclear energy is set to see a resurgence for a complex conflagration of drivers including decarbonisation plans coupled with the need for reliable baseload power, new electricity demand from the computing sector, nations’ interest in energy self-sufficiency, and a projected fall in costs for new types of nuclear energy like small modular reactors (SMRs), according to the International Energy Agency (IEA).
Read MoreSouth Africa’s net zero transition risks leaving coal-reliant provinces behind -report
South Africa’s wealthiest cities are leading the charge toward a net zero future, but coal-dependent provinces remain at risk of being left behind unless targeted support is provided, according to new research released on Wednesday.
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