Morocco’s Article 6 protocols enter final design phase -media
Morocco’s frameworks to support sovereign carbon trading are being finalised, according to local media sources.
Read MoreFintech startup adds Islamic finance expert after securing fatwa for voluntary carbon product
A startup focused on exchange-traded voluntary carbon investment products has hired an Islamic finance professional two months after securing a fatwa establishing that the firm’s product complies with shariah, according to a press release issued Monday.
Read MoreUAE fintech partners with Sri Lankan developer to deliver biodiversity, oxygen credits next month
A Dubai-headquartered fintech firm has teamed up with a Sri Lanka-based project developer to generate and issue biodiversity and oxygen credits within a pilot restoration project in the Belipola private forest.
Read MoreUN explores repurposing CDM-based online offset platform for Paris era
The UNFCCC is considering repurposing its voluntary offset platform, which is supplied by Kyoto-era credits, in order to support the new carbon credit generation mechanism under the Paris Agreement.
Read MoreSaudi university teams up with materials firm to explore carbon removal solution
A materials science company and a research institution based in Saudi Arabia have announced a year-long research and development partnership focused on CO2 removal via concrete, aimed at generating voluntary carbon credits.
Read MoreWorld Bank announces $700 mln loan for Egypt to develop domestic carbon market, green transition
The World Bank will award $700 million in loans for Egypt to support a greener growth trajectory, including the establishment of a voluntary carbon market (VCM) regulatory framework, according to a release Monday.
Read MoreUN doubles down on call for ‘solidarity levies’ from polluting industries
Countries need to look to new sources of climate finance including “solidarity levies” on sectors such as shipping, aviation, and fossil fuels extraction, the UN’s special adviser on climate change said on Tuesday.
Read MoreDigital marketplace for physical commodities to launch voluntary carbon credit trading
A digital marketplace for physical commodities is launching voluntary carbon credit trading, it said this week.
Read MoreTop 20 fossil fuel countries need to ramp up transition in next Paris pledges -report
A third of the world’s 20 largest fossil fuel-producing countries made no mention of oil, gas, or coal in their last round of Paris Agreement pledges, while those that do mention it talk, explicitly or implicitly, about a continuation or increase in production, according to analysis published on Thursday.
Read MoreVCM Report: CCP-tagged voluntary carbon credits fail to ignite market, hopes pinned on slow burn impact
The first voluntary credits tagged with the Core Carbon Principles (CCP) label nudged higher last week, after the ICVCM approved its methodologies, but expectations that the integrity-stamped units would immediately spark demand were snubbed out.
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