The voluntary carbon market, a mechanism designed to allow organizations and individuals to offset their carbon emissions by purchasing carbon credits, has encountered significant challenges in recent years. This market, which was once seen as a beacon of hope for global climate mitigation efforts, has been marred by allegations of questionable project integrity. Reports have...Read More
Carbon markets have emerged as a pivotal tool in the global effort to mitigate climate change. By establishing a market-driven approach to reducing greenhouse gas emissions, these markets facilitate cost-efficient and flexible solutions for emission reductions. Carbon markets operate by setting a cap on total emissions and allowing companies or countries to trade emission allowances,...Read More
August 13, 2024: The Financial Regulatory Authority (FRA) has made a significant stride in environmental finance by launching Africa’s first voluntary carbon market (VCM). This landmark initiative, announced by FRA Chairman Mohamed Farid, marks a pivotal moment for both the continent and the broader global carbon trading landscape. The establishment of this market represents a...Read More
Restoring forests is often viewed through a lens of trade-offs, where the potential benefits must be weighed against the possible costs or conflicts. This perspective arises because forest restoration can involve significant changes in land use, which may impact various stakeholders differently. For instance, converting agricultural land back to forest can benefit biodiversity by providing...Read More
United Nations aid agencies have issued urgent warnings about the escalating impact of climate change in eastern and southern Africa, highlighting the profound challenges faced by millions of people in the region. The effects of climate change are compounding existing issues such as conflict, poverty, hunger, and disease, exacerbating the plight of vulnerable populations. The...Read More
In recent years, terms such as “climate crisis,” “climate emergency,” and “climate justice” have increasingly entered public discourse, reflecting a growing urgency in addressing climate change. These phrases are designed to underscore the severe risks and consequences associated with climate change, aiming to galvanize action and raise awareness. The language reflects the gravity of the...Read More
In Uganda, a significant collaboration between the Ministry of Water and Environment and the Climate and Clean Air Coalition (CCAC) is addressing severe air quality issues that contribute to over 28,000 annual deaths. This partnership aims to tackle the critical problem of air pollution, focusing particularly on short-lived climate pollutants (SLCPs) such as methane, black...Read More
The current global financial architecture faces significant challenges in addressing the financial needs for climate action, sustainable development, and debt management. The calls for reform are growing louder, seeking to create a more equitable, inclusive, and sustainable financial system. Increasing the representation of developing countries, particularly African nations, in global economic decision-making processes is crucial for...Read More
Climate Home News is seeking a full-time energy transition reporter based in Africa with remote working, who will contribute to expanding our coverage of international climate diplomacy. Founded over a decade ago, Climate Home News is a leading independent digital media outlet covering climate change. We aim to be the go-to newsroom for a global community seeking...Read More
