Carbon Pulse

Conservation International is looking for a self-determined and motivated candidate who is able to navigate complex environments in various countries within Africa. This position will be the lead for carbon transactions, both on the “upstream” origination side, as well as the “downstream” commercial side.

Japan is preparing to expand the scope of the bilateral Joint Crediting Mechanism (JCM) to cover overseas agricultural projects, a panel heard Sunday.

President Bola Tinubu of Nigeria outlined plans to accelerate the country's carbon market with the launch of a draft plan for the new committee to include an emissions trading scheme, carbon registry, and a framework for the development of carbon credits for the voluntary carbon market at COP28 in Dubai, amid several months of stalled agreements regarding a national strategy.

Al Gore emphasised the importance of Saturday's methane pledge by almost 50 oil and gas companies to work towards near zero methane emissions, while highlighting glaring gaps in the announcement due to the absence of some of the world’s highest emitting companies and countries, during a plenary session at COP28.

India’s green credit scheme may fail to deliver on its intended purpose unless the federal government strongly pushes the private sector into the units, a climate veteran told Carbon Pulse on the sidelines of COP28 in Dubai.

Brazil and the Democratic Republic of Congo (DRC) are likely to host pilot projects generating REDD+ credits under a new standard, established by three voluntary forest carbon stakeholders, as early as 2024, as ministers and Indigenous Peoples from the two countries pledged their support at COP28 on Sunday.

The Energy Transition Accelerator (ETA), a coalition of carbon credit buyers and sellers, will launch next year to provide revenue to support developing countries on their road to a clean energy transition, as an accompanying core framework and initial pilot countries were also announced at COP28 Sunday.

Norway and Morocco have signed a Memorandum of Understanding (MoU) to cooperate on Article 6 of the Paris Agreement, they announced on Saturday at the UN climate conference COP28 in Dubai, making it the third such agreement Norway has signed in the past few weeks.

A climate investment platform launched a whitepaper at COP28 to address what it has described as "common misconceptions" around the voluntary carbon market (VCM), proposing steps to help it scale and address the "headwinds" it currently faces.

Rwanda has launched a 56-page carbon market framework at COP28, which focuses on establishing readiness for crediting and international trade under Article 6 of the Paris Agreement, also announcing two bilateral agreements with Asian countries.

It's Day 4 of COP28 and the focus begins to move away from world leaders, after a busy few days filled with international pledges, towards the nitty gritty of negotiations in Dubai. The devil, as they say, will be in the details in terms of progress on the global stocktake, as well as on carbon markets. Oh, and today is the first ever Health Day at a UNFCCC COP.  In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).

Singapore has signed a Memorandum of Understanding (MoU) with Rwanda at COP28 in Dubai, as the Southeast Asian country continues seeking international partnerships leveraging the Article 6.2 bilateral approaches of the Paris Agreement.

Partners and backers of the Blue Mediterranean Partnership on Saturday announced €9.5 million in new funding for the initiative, with additional funding expected to materialise over the next few months as efforts are geared up to support the marine biodiversity hotspot.

A new initiative has launched on sidelines of COP28 in Dubai that will seek to combine Indigenous knowledge and mapping technology to help governments in their efforts to protect 30% of their terrestrial and marine areas by 2030.

Philanthropic funding will be needed to address capacity gaps in low- and middle-income countries and facilitate high-integrity carbon markets, according to a report released Sunday.

The Caribbean island of Dominica has signed a Memorandum of Understanding (MoU) with UAE-based carbon credit project developer and buyer Blue Carbon at COP28 in Dubai, focusing on mitigation and carbon removal initiatives across several sectors.

It's Saturday night in Dubai and while most of the world has been enjoying the weekend, tens of thousands of delegates at COP28 remain hard at work.  Carbon Pulse isn't take a break either... Our 11 reporters currently on the ground in the UAE were out in full force to bring you the multitude of announcements and other news that emerged during the UN climate summit's very busy third day.

Governments, private sector, and philanthropic initiatives have so far announced partnerships and funding pledges in the hundreds of millions of dollars for rainforest protection and restoration in multiple nations, specifically involving mobilising finance from international carbon markets and credit sales.

An energy subsidiary of South Korean conglomerate SK Group has teamed up with international and domestic partners to speed up the construction of the country's hydrogen ecosystem, the companies announced Saturday.

The UN, UAE, and Bloomberg Philanthropies launched the Industrial Transition Accelerator initiative on Saturday, pledging $30 million to scale up decarbonisation of heavy-emitting industries.