Malawi issues letter of authorisation to sell 1.5 mln carbon credits at auction
Malawi’s Ministry of Natural Resources and Climate Change has authorised a private firm to auction the country’s carbon credits on the international market, according to local media reports.
Read MoreINTERVIEW: Poor demand from Global North hampers biodiversity credit uptake in Africa
European and North American companies are not keen to invest in biodiversity credit initiatives in Africa, as the continent strives for innovative funding solutions alongside carbon credits to preserve its nature, a conservation finance expert has told Carbon Pulse.
Read MoreExpanded ETS proposal, extensive oil production cloud Brazilian climate policy -report
The enhanced eligibility of REDD+ credits in partially-approved ETS legislation in Brazil, alongside increased investment in oil production, could contradict the country’s climate policy ambitions, according to a report published Wednesday.
Read MoreSurge of patents in CDR technologies this year signals market set for rapid growth
An explosion of patents has lit up the carbon dioxide removal (CDR) market, signalling the nascent market is on the cusp of entering into the growth stage.
Read MoreCarbon removal competition selects 20 finalists to compete for $50 mln prize
A global competition to support innovators developing carbon removal solutions has announced its cohort of 20 finalists set to compete in the last stage, with $50 million up for grabs for the winning team able to demonstrate sustainable and cost-effective carbon removal from the atmosphere or ocean.
Read MoreINTERVIEW: Developer sells clean cooking credits for $30 through use of more conservative methodology
A developer of clean cookstove projects in Kenya has sold its first tranche of credits to a multilateral buyer for several times the typical value of cookstove credits on the voluntary carbon market, with the credits the first to be issued for a biomass project in Africa under a new methodology.
Read MoreIndonesia environment minister lashes REDD+ project developer for spreading carbon regulation “misinformation”
Indonesia’s minister for environment and forestry has defended the country’s much-criticised carbon trading regulations, whilst reprimanding comments made by the head of one of the country’s largest REDD+ project developers.
Read MoreINTERVIEW: Papua New Guinea Article 6 trade hinges on carbon regulations being finalised
Papua New Guinea’s participation in the Article 6 carbon market depends upon regulation that governs the scheme being finalised, though there is still no time table for when that will happen, according to the head of its Climate Change Development Authority (CCDA).
Read MoreUS Policy Roundup: Colorado cap-and-trade legislation runs out of time, some Western US states adopt CCS policy
Lawmakers in Colorado failed to implement a cap-and-trade programme as this year’s legislative session approaches its end on Wednesday, although the state joined its Western US neighbours in advancing several carbon capture and storage (CCS) bills.
Read MorePuro consults on updating biochar carbon removal methodology
Puro.earth is set to revise its methodology for crediting voluntary carbon removals from biochar projects and is inviting feedback on the current text before opening a three-week long public consultation in July.
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