Oman environment authority signs agreement to generate forest carbon credits
Oman’s Environment Authority (EA) has entered into a cooperation agreement with the nation’s main energy association (OPAL) in a bid to scale up investment in afforestation carbon projects, according to local reporting this week.
Read MoreINTERVIEW: Oman plans to launch Article 6 carbon framework at COP29
The Sultanate of Oman has drafted a regulatory framework for Article 6 carbon trading under the Paris Agreement, seen by Carbon Pulse, to be formally launched at the COP29 UN climate conference in Baku, Azerbaijan in November.
Read MoreEgypt seen opting for voluntary carbon market rather than CO2 tax -media
Egypt officially launched its regulated voluntary carbon market (VCM) this month, weeks after reports that the cabinet was working on late-stage drafts of carbon tax regulations, and the VCM-based incentive system could ultimately supplant taxation, according to local media reports.
Read MoreCarbon ratings agency partners with UAE bank to ‘bring transparency’ to carbon markets
A carbon ratings agency has partnered with a bank to “bring transparency to carbon markets in the UAE”, the two companies said on Monday.
Read MoreQatari organisation launches Article 6 carbon auction platform
A Qatar-based organisation has launched a new platform to host the auctioning of Internationally Transferred Mitigation Outcomes (ITMOs), it said Monday.
Read MoreUAE asset management firm forms alliance to pursue JCM rice farming project in Indonesia
An Abu Dhabi-based asset management firm has teamed up with two international partners to promote a sustainable rice farming method and generate carbon credits deemed eligible under Japan’s bilateral framework in Indonesia, it announced Wednesday.
Read MoreGlobal Carbon Council seeks views on new AFOLU voluntary carbon methodologies
The Global Carbon Council (GCC) has announced the public consultation for two new voluntary carbon methodologies under its agriculture, forestry, and other land use (AFOLU) crediting programme.
Read MoreEgyptian voluntary carbon market closes first futures contract, trades -media
Egypt’s voluntary carbon market (VCM) saw the conclusion of its first futures contract and three trades, revealed at the market’s official launch ceremony on Tuesday, according to local media sources.
Read MoreNew climate platform launched for the Global South
A new climate and capacity-building tool for the Global South was introduced this week with the aim to enhance access to knowledge and resources, particularly in climate finance, and overcome barriers to entry in the region.
Read MoreCarbon registry, marketplace team up to enhance trading and retirements
An international carbon registry and a marketplace for environmental commodities have integrated their technologies in an effort to make carbon credit transactions and retirements more accessible, transparent, and efficient.
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