Carbon News - Intelligence for the carbon market


Climate-related drought and flooding in Ethiopia

Today 10:30am - One part of Ethiopia is facing the worst drought in four decades and another is hit by flooding. Millions of people are at risk as climate change causes too much and too little rain.

Africa getting just 12% of financing needed to adapt to climate change -report

Friday - Africa is getting just 12% of the finance it needs to manage the impact of climate change, a report on Thursday said, raising pressure on rich nations to do more in the run up to global climate talks in November.

African climate diplomats reject African Union’s pro-gas stance for Cop27

5 Aug 22 - African climate negotiators have quashed a proposal by the African Union to promote gas as a bridge fuel for the continent at UN talks.

‘Our priority is not to save the planet’: rainforest auctioned for oil drilling

28 Jul 22 - The Democratic Republic of Congo (DRC) has announced that it will auction off vast quantities of critical tropical peatlands and rainforests for oil and gas drilling, just months after promising to preserve them at the COP26 climate conference.

Two million to access solar power in rural Nigeria

22 Jul 22 - Husk Power Systems, an off-grid energy services company, aims to provide two million people in rural Nigeria with reliable solar power.

Congo peat swamps store three years of global carbon emissions – imminent oil drilling could release it

22 Jul 22 - Democratic Republic of the Congo’s government is preparing to auction off a series of licenses to drill for oil in the Congo basin. This threatens to damage around 11 million hectares of the world’s second largest rainforest.

Under pressure from climate change, Morocco's oases struggle to support life

19 Jul 22 - In the south of Morocco's High Atlas mountains is one of the few palm tree oases still inhabited in the country.

Climate change amplifies the risk of conflict, study from Africa shows

14 Jul 22 - In October 2021, the city of Guriel in Somalia’s Galguduud region became the epicenter of fierce fighting between the national army and a paramilitary group that left more than 100 people dead and...

Kenyan bourse brings carbon exchange to East Africa

14 Jul 22 - Climate change mitigation efforts in Kenya have received new impetus after the Nairobi Securities Exchange (NSE), inked a deal with the AirCarbon Exchange (ACX) and the Nairobi International Finance...

Gabon to sell €275m worth of carbon credits before COP27

5 Jul 22 - For Gabon, forests are rich in with economic opportunity. The country plans to create 187 million carbon credits and sell half of them on the offset market.

Climate change threatens coffee growers in Tanzania

4 Jul 22 - Coffee-growing farmers in Tanzania’s northern Kilimanjaro region are bearing the brunt of climate change, which is affecting their incomes and livelihoods.

Indigenous Ogiek win ‘landmark’ reparations ruling from African Court

28 Jun 22 - The Republic of Kenya must pay the Indigenous Ogiek people reparations for decades of illegal evictions from their ancestral land in the Mau Forest.

Commonwealth adopts historic accord to combat climate change through land use

27 Jun 22 - Commonwealth leaders last week adopted the “Living Lands Charter”, which commits all member countries to safeguarding global land resources while taking coordinated action on climate change,...

Can Africa grow without fossil fuels

7 Jun 22 - As the developed world demands emissions cuts, the continent’s leaders are asking whether it is possible to industrialize on green energy alone.

Climate change puts agrivoltaic projects in Northern Africa in the spotlight

31 May 22 - As food and energy security emerge as top priorities in several regions, an innovative use of existing technologies might help serve both: Agrivoltaic projects allow energy production and...

In Tanzania, carbon offsets preserve forests and a way of life

26 May 22 - Carbon offsets have been criticised for failing to provide carbon savings and ignoring the needs of local communities. But in Tanzania, hunter-gatherer tribes are earning a good return for their...

Failure to save the Congo Basin forest ‘would mean world loses climate fight’

24 May 22 - Failing to conserve the carbon-rich forests of the Congo Basin would mean the world loses the fight against climate change, officials in Gabon have warned.

Growing African mangrove forests aim to combat climate woes

9 May 22 - In a bid to protect coastal communities from climate change and encourage investment, African nations are increasingly turning to mangrove restoration projects, with Mozambique becoming the latest...

DR Congo approves auction of oil blocks in one of the world’s largest carbon sinks

5 May 22 - Cabinet ministers in the Democratic Republic of Congo have approved the auction of 16 oil blocks, including in one of the world’s largest carbon sinks and most environmentally sensitive areas.

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