Qatar-based carbon registry announces large issuance to South American renewables project

Published 19:44 on September 9, 2024  /  Last updated at 19:44 on September 9, 2024  / /  Americas, EMEA, Middle East, South & Central, Voluntary

A carbon registry headquartered in Qatar has announced its first issuance of 800,000 units to a South American renewable energy project.

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Mozambique govt awards licence to UAE developer for massive blue carbon project

Published 15:39 on September 5, 2024  /  Last updated at 15:39 on September 5, 2024  / /  Africa, EMEA, International, Middle East, Nature-based, Other APAC, Voluntary

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.

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Fintech startup ties up with Dubai marketplace to sell asset class carbon credits

Published 12:09 on September 5, 2024  /  Last updated at 12:09 on September 5, 2024  / /  EMEA, Middle East, Nature-based, Voluntary

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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Egypt approves local carbon registry, 12 projects for trading

Published 00:03 on September 5, 2024  /  Last updated at 00:03 on September 5, 2024  / /  Africa, EMEA, Middle East, Nature-based, Voluntary

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.

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Iraq, Canada consider carbon markets partnership -media

Published 19:25 on September 4, 2024  /  Last updated at 19:25 on September 4, 2024  / /  Americas, Canada, EMEA, International, Middle East, Paris Article 6, Voluntary

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.

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Jordanian carbon market delayed pending greater clarity on Article 6 -media

Published 17:00 on September 3, 2024  /  Last updated at 17:00 on September 3, 2024  / /  Climate Talks, EMEA, International, Middle East, Paris Article 6, Voluntary

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.

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BRICS countries agree to partner on carbon market development

Published 20:59 on August 31, 2024  /  Last updated at 20:59 on August 31, 2024  / /  Africa, Americas, Asia Pacific, Carbon Taxes, CBAM, EMEA, International, Middle East, South & Central, Voluntary

Representatives from the BRICS bloc of emerging economies on Friday agreed to work together on carbon markets.

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Oman environment authority signs agreement to generate forest carbon credits

Published 17:13 on August 28, 2024  /  Last updated at 17:13 on August 28, 2024  / /  EMEA, International, Middle East, Nature-based, Paris Article 6, Voluntary

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.

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INTERVIEW: Oman plans to launch Article 6 carbon framework at COP29

Published 17:47 on August 27, 2024  /  Last updated at 17:47 on August 27, 2024  / /  Carbon Taxes, Climate Talks, EMEA, International, Middle East, Paris Article 6

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.

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Egypt seen opting for voluntary carbon market rather than CO2 tax -media

Published 15:48 on August 27, 2024  /  Last updated at 15:48 on August 27, 2024  / /  Africa, Carbon Taxes, EMEA, Middle East, Voluntary

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.

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