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Verra Cancels 5 Million Overissued Credits Linked to C-Quest Capital
Verra has determined that a total of 5,004,915 VCUs were issued by these projects in excess of the correct amounts.
- Region
- Global
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Statement from Mandy Rambharos, CEO, on Restructuring Verra
Amid ongoing market volatility, this reduction allows for energy and resources to be directed towards the programs and services that matter most.
- Region
- Global
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IZI Secures $221k Grant to Expand Rwanda’s E-Mobility
This funding will facilitate the deployment of five additional electric buses in Kigali.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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African Development Bank Takes $10 Million Equity Stake in Kenya’s Dhamana Following Anchor Investment From Private Infrastructure Development Group
Dhamana will support access to financing for key sectors including transport, water, renewable energy, and waste management.
- Region
- Sub-Saharan Africa
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EcoSecurities and Kenya Private Sector Association Announce Strategic Partnership to Boost Catalytic Carbon and Climate Finance
The strategic partnership will scale carbon finance for sustainable development whilst rapidly expanding decarbonisation efforts across Kenya.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Ignite Power Agrees to Terms for Carbon Off-Take Agreement with SEFE, Advancing Goal to Connect 100 Million by 2030
Ignite Power is a leading distributed renewable energy (DRE) provider in Sub-Saharan Africa.
- Region
- Sub-Saharan Africa
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Funding the Fight Against the World’s Oldest Fuel Source: How New Financing Mechanisms in Clean Cooking Can Succeed Where Grants Have Failed
The use of biomass fuel for cooking has remained consistent over the centuries, despite the development sector's efforts to scale global access to clean cookstoves. As Paul Ronalds at Save the Children Global Ventures argues, a key reason for this failure is the estimated $5.5 billion annual funding gap facing clean cooking initiatives — a gap that traditional sources of finance, like private donations and government grants, have been unable to fill. He discusses several funding solutions, including carbon credits, that could help the clean cooking sector finally end the era of biomass fuel.
- Categories
- Energy, Environment, Investing, Technology
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Carbon Markets Capture the Spotlight at Climate Week NYC
Something’s different about this year’s Climate Week in New York: The voluntary carbon market is getting serious hype.
- Categories
- Energy, Technology
- Region
- Global
