Global solar installations smash expectations, rising almost a third year-on-year
Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.
Read MoreMorocco to fulfil carbon tax, fossil fuel levy promises in 2025
The Moroccan finance ministry has presented a bill to launch a carbon tax in 2025 and lay the groundwork for an increase in value-added tax (VAT) on fossil fuels, following up on international promises to reform its system of environmental levies.
Read MoreGlobal Carbon Council consults on Article 6.2 eligibility standard
The Global Carbon Council (GCC) has opened a public consultation on regulatory documents devised for GCC 2.0 – the body’s new standard that will govern Article 6.2 eligibility of projects and their issuances.
Read MoreQatar-based carbon registry announces large issuance to South American renewables project
A carbon registry headquartered in Qatar has announced its first issuance of 800,000 units to a South American renewable energy project.
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 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.
Read MoreEgypt approves local carbon registry, 12 projects for trading
Egypt’s Financial Regulatory Authority (FRA) has approved a domestic standard’s carbon registry and allowed 12 projects from the registry for trading on the national voluntary carbon market (VCM) platform.
Read MoreIraq, Canada consider carbon markets partnership -media
Iraqi’s environment minister met Wednesday with the country’s Canadian ambassador to discuss carbon markets cooperation, among other environmental matters, according to local media sources.
Read MoreJordanian carbon market delayed pending greater clarity on Article 6 -media
Jordan’s voluntary carbon market (VCM) plans have stalled since it announced in 2020 intentions to launch a regulated domestic market – a delay that local media sources attribute to ongoing ambiguity about Article 6 carbon trading under the Paris Agreement.
Read MoreBRICS countries agree to partner on carbon market development
Representatives from the BRICS bloc of emerging economies on Friday agreed to work together on carbon markets.
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