Nigeria crafts roadmap to protect carbon-rich mangroves, access $4 bln fund -media
Nigeria is developing a national roadmap to protect its carbon-rich mangroves and secure grants from the $4 billion Mangrove Breakthrough Alliance, according to local media reports.
Read MoreCARBON FORWARD MIDDLE EAST: Financial, data rules “key building blocks” for MENA carbon markets -exchange
Middle Eastern and North African (MENA) countries need clarity on asset classes and information security – not just environmental regulations – to attract investment in carbon markets, the director of a carbon credit exchange told Carbon Forward Middle East in Abu Dhabi on Thursday.
Read MoreCARBON FORWARD MIDDLE EAST: Voluntary carbon market faces fresh risk in light of “woke” label in US
A new political landscape for climate policy in the US, set to dominate following President-elect Donald Trump’s inauguration next week, could jeopardise the revival of the voluntary carbon market (VCM) in 2025, a conference heard Thursday.
Read MoreIETA, Abu Dhabi’s GCFC join forces to support carbon market development in MENA region
Carbon trading association IETA and Abu Dhabi’s Global Climate Finance Centre (GCFC) have formalised a strategic partnership to advance climate ambition and promote the development of market mechanisms across the Middle East and North Africa (MENA) region.
Read MoreCARBON FORWARD MIDDLE EAST: Arab League, voluntary carbon standard to sign Article 6 MoU -executive
The Arab League will next week sign a memorandum of understanding (MoU) with a voluntary carbon standard to build capacity for Paris Agreement carbon markets, an executive told Carbon Forward Middle East in Abu Dhabi on Thursday.
Read MoreDeveloping different types of CDR can help cut costs for net zero emissions -report
Expanding carbon removal (CDR) portfolios to include a variety of technologies and nature-based solutions can cut costs, reduce reliance on land-intensive methods, and address energy and logistical challenges, a new study has found.
Read MoreThai bourse to operate carbon market, SEC chief says
Thailand’s Securities and Exchange Commission (SEC) chief said this week that the nation’s bourse will introduce carbon trading in a bid to gain experience and boost liquidity.
Read MoreIndian firm sells credits to Google in “world’s biggest biochar deal”
An Indian biochar firm has agreed to sell 100,000 carbon dioxide removals (CDR) credits to technology giant Google, in what it dubbed the “world’s largest industrial biochar offtake agreement”, in an announcement on Thursday.
Read MoreUSDA invests $180 mln in biofuels, clean energy projects
The US Department of Agriculture (USDA) announced $180 million in funding on Wednesday for nearly 600 projects to support rural low-emission energy projects and expand access to biofuels.
Read MoreCarbon credit rating agency BeZero secures $32 mln to push total funding past $100 mln
BeZero Carbon has secured $32 million in fresh funding to help expand its rating coverage to Article 6 credits, the international aviation emission scheme CORSIA, and the voluntary sector.
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