Ethiopia moves to develop national carbon market strategy
Ethiopia’s planning and development ministry, working with a UN capacity-building programme, is looking to craft a comprehensive framework for international carbon markets engagement, including participation in Article 6 carbon trading under the Paris Agreement.
Read MoreUPDATE – France appoints European Green Deal champion as new prime minister
Michel Barnier, a former EU commissioner and early champion of the European Green Deal, has been appointed French prime minister.
Read MoreFrench carbon removal startup closes funding round
A French carbon removal credit manager has completed another funding round for an undisclosed amount, as it looks to further grow its credit purchase commitments beyond 10 million.
Read MoreEU needs to tighten up oversight of carbon offsets to make them credible -report
Carbon offsets could help the EU achieve its climate targets, but only if it insists on more rigorous rules around accounting, as well as around broader corporate net zero target-setting, according to a report published Thursday by a former European Commission senior official.
Read MoreMozambique govt awards licence to UAE developer for massive blue carbon project
Mozambique’s Ministry of Land and Environment has given approval to a Dubai-based firm to restore mangroves along the degraded coastline in the Zambezia province of the African nation and generate carbon credits, the developer announced Thursday.
Read MorePoland outlines climate- and energy-related priorities of upcoming EU presidency
Krzysztof Bolesta, Poland’s state secretary for climate and environment, has highlighted his three main priorities for the upcoming six-month Polish EU Presidency beginning on Jan. 1 next year.
Read MoreUK fund could quadruple its habitat banks over next two years
Executives at the Evergreen Fund have said they could almost quadruple the land in English habitat banks generating biodiversity net gain (BNG) over the next couple of years up to around 400 hectares, if demand increases, Carbon Pulse has learned.
Read MoreS&P sees global carbon markets picking up ‘in all scenarios’
While carbon markets are helping to stem global warming, even a “very strong” energy transformation scenario would only limit global temperature rise to 2.4C, analysts said at a webinar this week.
Read MoreCarbon removals are expensive but essential, finds report
Corporate financing of carbon removals will be crucial to keeping aligned with Paris Agreement commitments but they are not being deployed at the speed and scale necessary, a working paper from a UK university has argued.
Read MoreFintech startup ties up with Dubai marketplace to sell asset class carbon credits
A startup focused on exchange-traded carbon investments has tied up with a Dubai-headquartered e-marketplace firm to offer voluntary credits to its clients.
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