Tag:carbon credits

UN carbon market approves first‑ever issuance of credits under the Paris Agreement

A UN Body has approved the first credits to be issued under the UN carbon market established by the Paris Agreement.  The approved activity is a clean‑cooking project in Myanmar, which distributes efficient...

UN Body sets fast-track plan to deliver high-quality credits under Paris Agreement

Efforts to implement the Paris Agreement’s new carbon market gathered pace last week, as the UN Body overseeing the work agreed on an accelerated plan to deliver high-quality carbon credits.  Now moving beyond rule‑setting, the Body...

South Africa’s grasslands set global first for community-led carbon markets

TASC, a leading carbon project developer, has achieved a global first with the issuance of certified Climate, Community and Biodiversity carbon credits from its...

Millennium Oil, Saltspring strike carbon credit deal

Indigenous oil and gas producer, Millennium Oil and Gas Company Limited (MOGCL), has entered a collaborative arrangement with American energy solutions provider, Saltspring Energy...

Suriname kicks off sale of UN carbon credits under Paris Agreement

Suriname has started trading UN carbon credits, called Internationally Transferred Mitigation Outcome (ITMOs), as part of its climate pledge under the Paris Agreement. It has successfully completed...

CREACC-NG, ReSeed collaborate to cultivate new revenue stream from farm-based carbon credits in Nigeria

Nigerian-based nonprofit, Centre for Renewable Energy and Action on Climate Change (CREACC-NG), is collaborating with ReSeed, a nature-based carbon credit solutions provider, to bring carbon credits directly...

Study reveals $90bn needed to meet 2030 emissions goal in carbon credit projects

Trove Research's study reveals a $36 billion investment in carbon credit projects, accelerating with over $18 billion raised in the last 2.5 years, yet...

Elastic methodologies enable REDD+ forestry projects to exaggerate climate impact, says study

An in-depth study of the main methodologies used to create carbon credits from forest conservation projects (REDD+) has exposed a series of shortcomings that...

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Experts advocate reforms to strengthen electricity value chain

Nigeria’s electricity sector remains one of the richly endowed with energy resources, yet struggling to keep the lights on...
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Addressing impacts of the Middle East conflict on Africa

The global economic environment has become increasingly volatile with rising frequency of major shocks worldwide. Amid spikes in energy,...

Human bile emerges as a hidden reservoir for microplastics

Plastic pollution has become one of the defining environmental issues of modern life, and microplastics are now known to...

Must read

Experts advocate reforms to strengthen electricity value chain

Nigeria’s electricity sector remains one of the richly endowed...

Addressing impacts of the Middle East conflict on Africa

The global economic environment has become increasingly volatile with...