COP29: Ghana Article 6 activities mobilise $800 mln, says president
Ghana has mobilised $800 million by hosting carbon projects through Article 6.2 of the Paris Agreement, President Nana Akufo-Addo revealed at COP29, precipitating emissions cuts through bilateral agreements with primarily European buyer countries.
Read MoreLatvia’s emission allowance funds mismanaged, state audit finds
Latvia is failing to use its emission allowance funds cost-effectively, and available funding is not being used, according to a state audit released on Wednesday.
Read MoreImpact investor to put $6 mln into Amazon conservation
Social impact investor Nesst plans to distribute $6 million throughout next year towards smaller enterprises that support nature in the Amazon region, Carbon Pulse has learned.
Read MoreCOP29: South Korea seeks Article 6 opportunities in blue carbon, forestry projects
South Korea is seeking to expand international partnerships on blue carbon and forestry projects, as part of its efforts to secure credits aligned with Article 6 of the Paris Agreement.
Read MoreCOP29: CDP, GRI join forces to boost corporate disclosures on biodiversity
Non-profit CDP and disclosure standard the Global Reporting Initiative (GRI) have partnered to improve corporate assessments of nature-related impacts, they announced Thursday at the ongoing COP29 UN climate summit in Azerbaijan.
Read MoreLondon-based ERW developer partners with car marketplace on carbon removal
A UK carbon removal (CDR) developer has partnered with the country’s largest automotive platform to support enhanced rock weathering (ERW) projects, the two companies announced this week.
Read MoreAustralia to extend wastewater ACCU method
Australia this week launched a consultation on extending by five years the crediting period for non-biomethane wastewater projects, which had been set to expire in March next year.
Read MoreChile’s decarbonisation plan lays out carbon pricing, battery measures for public input
Chile has this week launched a public consultation for a national decarbonisation plan with action items tied explicitly to its ETS and carbon tax plans, and attracting investment in battery storage.
Read MoreCOP29: World Bank’s MIGA unveils Article 6 letter template to scale carbon markets
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank, on Thursday launched a letter of authorisation (LoA) template designed to help drive efficiencies in Article 6 carbon markets.
Read MoreCOP29: Brazilian state poised to offer REDD+ carbon credits worth millions
A rainforest-rich Brazilian state will aim to sell REDD+ carbon credits worth hundreds of millions as part of sales facilitated by an international commodities trader, its government said at COP29.
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