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carbon market

2 Results / Page 1 of 1

Background

Africa

Africa’s rich biodiversity offers a wealth of carbon offset projects for Gulf investors

By Seth Onyango, via bird story agency Africa is a prime target for new multimillion-dollar carbon offset projects as companies increasingly seek to blunt the effects of their carbon footprints. In September, the United Arab Emirates (UAE) announced plans to shell out US$450 million to secure carbon credits from various carbon offset initiatives on the continent. Already, carbon offset firms are snapping up new deals. Eco Netix, a measurement, reporting […]

todayDecember 12, 2023 6

Africa

Climate and Energy Campaigners Demand that African leaders to end fossil fuel investment

African climate campaigners and renewable energy industry advocates convened a press conference at COP28 in Dubai today, urging African leaders to put their communities first and reject new fossil fuel investments. "The climate crisis continues to impact the frontline communities’ livelihoods in the Global South, especially in Africa. The affected community's voices need to be heard. African leaders have to make the right choice and decision at COP28, decisions which […]

todayDecember 5, 2023 12

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