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Tag:Carbon market

NDCs: Council engages stakeholders in carbon market regulation

The National Council on Climate Change (NCCC) has trained a host of stakeholders on the concept of carbon market policy and manual procedure as...

Voluntary carbon markets at COP29: A double-edged sword for Africa’s climate goals

At COP29, Article 6 of the Paris Agreement commanded significant attention, as nations grappled with refining mechanisms to operationalise global carbon markets. These markets,...

IITC condemns COP29’s approval of carbon market as direct threat to Indigenous rights 

The International Indian Treaty Council (IITC) has condemned the November 11, 2024, decision by the 29th session of the Conference of the Parties to...

UN Body adopts historic human rights protections for carbon market mechanism

The UN Body responsible for establishing a new global carbon market took a historic step reinforcing the protection of environmental and social human rights. "This is a defining moment,"...

Extending the dialogue on Nigeria’s carbon market

In several African countries, including Ghana, Kenya, Gabon, Morocco, Senegal, Tunisia, and Malawi, bilateral agreements based on Article 6.2 of the Paris Agreement have...

Nigeria’s carbon market activation blueprint: Identifying potential drawbacks

“Nigeria relies heavily on oil, which contributes to an uncertain political environment for implementing diverse environmental incentives conducive to voluntary carbon markets. Furthermore, commercial...

UN Body charts a path for robust carbon market rules ahead of COP28

In a step aimed at bolstering global climate efforts, a United Nations Body has reached consensus on key regulatory documents to operationalise a new...

Nigeria’s climate council explains regulatory guidance on carbon market approach

The National Council on Climate Change (NCCC) in Nigeria says it has conducted a preliminary analysis for an appropriate governance framework and processes for...

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Global Biodiversity Framework Fund approves 18 new project preparation grants

The Global Biodiversity Framework Fund (GBFF) has approved $2.7 million for project preparation grants and set aside $91.2 million for 18...
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GEF adaptation funds accelerate action across 20 countries

Representatives of Global Environment Facility (GEF) member states have approved $106.21 million in funding for urgently needed climate adaptation...

Egypt emerges first in Africa to meet WHO drug safety standards

Egypt has become Africa's first nation to achieve international quality standards for both medicine and vaccine regulation, marking a...

Must read

Global Biodiversity Framework Fund approves 18 new project preparation grants

The Global Biodiversity Framework Fund (GBFF) has approved $2.7 million for...

GEF adaptation funds accelerate action across 20 countries

Representatives of Global Environment Facility (GEF) member states have...
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