Kenya, Malawi, Gabon, Nigeria and Togo are already interested in scaling carbon credit production.
Is the EU’s new legislation a coup de grâce or a promise of transition for sensitive sectors in fragile countries, such as the steel industry in Bosnia-Herzegovina?
Elvis Barukcic/AFP
Already lacking the means to decarbonise their industry or turn to greener alternatives, poor countries could also be deprived of revenues from exports to Europe.
Karizki Hadyanafi, National Development Planning Agency (BAPPENAS); Bimo Dwisatrio, Centre for International Forestry Research, and Sandy Nofyanza, Centre for International Forestry Research
As the world’s largest archipelagic state, Indonesia has great potential to earn carbon credits to protect its endangered mangroves and seagrass – which now store around 17% of global “blue carbon”.
The global carbon offsets market is set to continue growing, but scientists and environmentalists remain sceptical.
nBhutinat/Shutterstock
Carbon offsetting is often met with scepticism, but a new report suggests that if correctly designed it can be an important part of the net zero transition.
Uncertainty about carbon market rules will be problematic for New Zealand, given its reliance on overseas carbon trading to meet its new climate pledge.
President Joe Biden wanted to have a clear plan before the U.N. climate conference starting Oct. 31 in Scotland.
Michael M. Santiago/Getty Images
President Joe Biden needed a Plan B, one that Congress could approve, to take to the UN climate conference. But his new strategy is unlikely to meet the country’s emissions reduction goals for 2030.
U.S. President Joe Biden arrives at a COP26 session in Glasgow, Scotland.
Erin Schaff/The New York Times via AP, Poo
Countries are expected to commit to more ambitious targets for 2030, but how they will achieve them is still up for debate.
Reducing fossil use and increasing renewable energy worldwide are crucial to both sustainable development and fighting climate change.
Kevin Frayer/Getty Images
Energy and climate policies aren’t always headed in the same direction, but if they work together they can tackle two of the biggest challenges of our time.
Some companies’ net-zero plans include continuing to emit climate-warming greenhouse gases for decades.
Christopher Furlong/Getty Images
Activists wanted nations to make bigger climate commitments at the Madrid COP-25 meeting, but the meeting’s real goal was agreeing on rules for pricing carbon pollution.
A Tsaatan community in northern Mongolia, herding reindeer.
(Shutterstock)
Under the current rules, the federal government takes the most responsibility for buying carbon credits. A blockchain-driven market would be faster, smarter, and much more open.
According to new research, the majority of Canadians in all but three ridings across the country believe their province has already felt the effects of climate change.
THE CANADIAN PRESS/Justin Tang