Ethiopia moves to develop national carbon market strategy

Published 16:09 on September 5, 2024  /  Last updated at 16:09 on September 5, 2024  / /  Africa, Asia Pacific, EMEA, International, Japan, Paris Article 6, Voluntary

Ethiopia’s planning and development ministry, working with a UN capacity-building programme, is looking to craft a comprehensive framework for international carbon markets engagement, including participation in Article 6 carbon trading under the Paris Agreement.

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UPDATE – France appoints European Green Deal champion as new prime minister

Published 16:01 on September 5, 2024  /  Last updated at 20:30 on September 5, 2024  / /  EMEA

Michel Barnier, a former EU commissioner and early champion of the European Green Deal, has been appointed French prime minister.

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French carbon removal startup closes funding round

Published 16:00 on September 5, 2024  /  Last updated at 14:57 on September 4, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

A French carbon removal credit manager has completed another funding round for an undisclosed amount, as it looks to further grow its credit purchase commitments beyond 10 million.

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EU needs to tighten up oversight of carbon offsets to make them credible -report

Published 15:47 on September 5, 2024  /  Last updated at 15:47 on September 5, 2024  / /  EMEA, Voluntary

Carbon offsets could help the EU achieve its climate targets, but only if it insists on more rigorous rules around accounting, as well as around broader corporate net zero target-setting, according to a report published Thursday by a former European Commission senior official.

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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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Poland outlines climate- and energy-related priorities of upcoming EU presidency

Published 14:45 on September 5, 2024  /  Last updated at 14:45 on September 5, 2024  / /  EMEA

Krzysztof Bolesta, Poland’s state secretary for climate and environment, has highlighted his three main priorities for the upcoming six-month Polish EU Presidency beginning on Jan. 1 next year.

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Japanese carbon project developer strengthens management team to help scale

Published 14:39 on September 5, 2024  /  Last updated at 14:39 on September 5, 2024  / /  Asia Pacific, Japan, Nature-based, Voluntary

A Japanese carbon project developer has strengthened its management team as it seeks to scale to meet credit demand in the country.

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Global investors urge companies to disclose nature-related impacts

Published 14:32 on September 5, 2024  /  Last updated at 14:32 on September 5, 2024  / /  Biodiversity, International

Global investors representing $1.4 trillion in assets under management have called on companies they invest in to urgently disclose their nature-related impacts and address related dependencies.

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UK fund could quadruple its habitat banks over next two years

Published 14:16 on September 5, 2024  /  Last updated at 14:16 on September 5, 2024  / /  Biodiversity, EMEA

Executives at the Evergreen Fund have said they could almost quadruple the land in English habitat banks generating biodiversity net gain (BNG) over the next couple of years up to around 400 hectares, if demand increases, Carbon Pulse has learned.

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S&P sees global carbon markets picking up ‘in all scenarios’

Published 13:58 on September 5, 2024  /  Last updated at 13:58 on September 5, 2024  / /  Americas, CBAM, EMEA, EU ETS, International, Paris Article 6, UK ETS, US, Voluntary

While carbon markets are helping to stem global warming, even a “very strong” energy transformation scenario would only limit global temperature rise to 2.4C, analysts said at a webinar this week.

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