Corporate sustainability initiative, UK bank launch NbS accelerator for Middle East, SE Asia
A multi-company partnership for sustainability and a London-based bank have jointly launched a programme to coach high-potential initiatives in the nature-based solutions (NbS) space across the Middle East, North Africa, and Turkiye (MENAT), and Southeast Asia.
Read MoreINTERVIEW: UK financial services firm ‘structurally long’ on CORSIA, sees price rebound
A London‑based financial services platform has taken a “bold” long‑term position on aviation compliance credits, with senior executives saying the firm is structurally long on CORSIA‑eligible units and is leaving most of its exposure to future prices unhedged.
Read MoreAI models can bring biodiversity monitoring at scale closer to auditable measurements -study
Advances in artificial intelligence mean scalable biodiversity measurement is increasingly within reach, shifting the remaining challenge from data collection towards designing the governance, metrics, and institutions needed to support credible reporting and market-based incentives, according to researchers.
Read MoreDigital soil mapping could slash uncertainty deductions for large soil carbon projects -study
A digital soil mapping (DSM) approach using machine learning and remote sensing could provide a scalable, lower-cost alternative to existing soil carbon monitoring, reporting, and verification (MRV) methods, with uncertainty deductions for carbon credit issuance falling below 5% for large, long-term projects, according to a new study.
Read MoreMauritania to set up national carbon registry, framework -media
Mauritania’s environment minister this week presented a strategic framework to facilitate access to international carbon finance and support mitigation activities, local media has reported.
Read MoreAround 130 nations appoint Article 6 authorities, as June flurry pushes CDM transition projects with govt approval beyond 400
According to an update from the UNEP Copenhagen Climate Centre, a total 65%, or 129 of 198 countries, have now taken steps towards Paris Agreement Crediting Mechanism (PACM) participation by appointing their Designated National Authorities (DNAs).
Read MoreKenya plans East African carbon exchange by 2027
Kenya is working to launch a carbon credit exchange serving the domestic and wider East African market within the next 12 months, media reported Friday.
Read MoreBRIEFING: National CO2 taxes could offer new lease of life for phased-out CDM credits
Countries that allow carbon-taxed entities to offset their liabilities with UN Clean Development Mechanism (CDM) credits could absorb some of these phased-out units, even repurposing them to address Paris climate targets or for use against the EU’s Carbon Border Adjustment Mechanism (CBAM).
Read MoreMalawi looks to biodiversity credits to help finance national nature plan
Malawi intends to use biodiversity credits to help draw in private finance for conservation and restoration as part of its latest national nature plan, which also floated the idea of mandatory biodiversity offsetting for the mining sector.
Read MoreINTERVIEW: European fund eyes extra carbon cash from Congo timber, agri projects
A European impact fund is positioning itself to be a first big developer of forestry and carbon projects in one of Africa’s lesser known host countries, the Republic of Congo – and is helping the government build its market infrastructure along the way.
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