Ethiopia secures $9.8 mln to scale nature-based climate solutions
The Global Environment Facility (GEF) has committed $9.8 million to a UN-led nature-based climate resiliency initiative in Ethiopia, it announced this week.
Read MoreFive nature-based project developers graduate from offset platform’s accelerator programme
A cohort of five nature-based project developers from around the world have completed a German-based offset platform’s fourth accelerator programme.
Read MoreAnti-deforestation initiatives may fail without transparency reforms -report
Illicit financial flows linked to timber trade mispricing may be higher than previously estimated, averaging $289 million annually in Cameroon and $214 mln in Brazil, according to a new report.
Read MoreVCM REPORT: CORSIA benchmark prices dive more than 15% as EU review, jet fuel costs sap demand
Prices for Phase 1 CORSIA-eligible carbon credits continued to fall last week as uncertainty around the international aviation offsetting scheme and persistently high jet fuel prices weighed on market sentiment, pushing thoughts of future compliance lower down carriers’ list of priorities.
Read MoreMENA Roundup: Morocco, Oman build carbon market vision and infrastructure
Morocco this month inked another bilateral Article 6.2 agreement, as the government is finally putting in place market infrastructure to support its ‘learning by doing’ approach, while Oman produced a concrete roadmap outlining its carbon market priorities.
Read MoreDeforestation risks turning Congo Basin from carbon sink to emitter -study
The Congo Basin needs a boost of investment, strengthened governance, and coordinated action in order to ward off mounting pressure on its resources and remain a vital carbon sink, including through more forestry carbon crediting projects, a UN-backed panel of scientists warned on Tuesday.Â
Read MoreINTERVIEW: Biodiversity credits are closest ecosystem service to commercial viability
Biodiversity credits are the ecosystem services market closest to becoming commercially viable as a funding source in their own right, but for now most nature value is still being priced indirectly, the head of a nature-based solutions financier has said.
Read MoreSustainable debt market surges in last five years to exceed $7 trillion -non profit
The global sustainable debt market has surged in activity since 2020, with cumulative aligned issuance now having surpassed $7 trillion, according to the latest data from a non profit.
Read MoreForward curves for voluntary credits launched, based on market data
A procurement and intelligence platform has launched a library of forward vintage curves for credits issued on the voluntary carbon market.
Read MoreExchange group drafts rules for listed company transition labels
A global exchange industry body has drafted principles for stock exchanges to label listed companies and IPO candidates with credible climate transition plans, it announced Tuesday.
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