Finance is the key climate issue for new Nigerian president
Newly-elect President Bola Tinubu has said that without climate finance from rich nations, Nigeria would "not comply with your climate change”.
Rwanda to announce carbon credit offerings in April 2023
Rwanda will announce its offering on the carbon market in April following ongoing consultations, Minister of Environment Jeanne d'Arc Mujawamariya said.
Malawi’s government pursues carbon trading
President Lazarus Chakwera wants Malawi to produce 5 million carbon credits per year to mobilize up to MK 104Bn ($100m) and support over 250,000 jobs.
Tanzania approves EACOP construction amidst protests
Tanzania's regulator has approved the East African Crude Oil Pipeline (EACOP) project, allowing construction to begin.
Federal government to unveil carbon tax system for Nigeria
Nigeria’s Climate Change Council has announced plans to unveil a carbon taxing policy in accordance with the provisions of the Climate Change Act 2021.
Kenyan government set to establish climate finance bank
The institution - to be referred to as Kenya Green Investment Bank (KeGIB) - will incentivise private sector investments in 'green' projects.
Africa Carbon Markets Initiative announces 13 action programs
The ACMI, launched at COP27, aims to scale the voluntary carbon market in Africa to 300m credits being retired annually by 2030, and 1.5Bn credits annually by 2050.
Ethiopia working towards net zero emissions by 2050: PM
Prime Minister Abiy Ahmed confirmed that Ethiopia has developed along-term net zero and climate resilient 2050 strategy to support the country's decarbonisation.
600 dead, 1.3m displaced in Nigeria’s ‘worst-in-decades’ flood
The flooding has impacted more than 2.8m people, and over 200,000 houses across 34 of the nation's 36 constituencies.
Kenya to plant 15bn trees, aiming for 30% tree cover by 2032
President William Ruto hopes this will lead to the restoration of 10.6m hectares of land, ecosystems, with the planting of 5bn trees by 2027 alone.
Anglo American, EDF Renewables partner up in South Africa
The UK-headquartered mining giant and the French electricity producer have created Envusa Energy to install 5GW of renewable energy by 2030.
Rwanda receives $300m from IMF’s new climate fund
The International Monetary (IMF) fund has set up a new fund aimed at helping low-income countries tackle issues in adapting to climate change.
Nigeria moves to partake in USD$175bn carbon trade market
Nigeria has taken its first major step towards the development of Nigeria’s Emission Trading Framework.
Namibia unveils carbon market project
Efforts are underway to establish carbon markets in Namibia. The project is funded by the Japanese government to the tune of $1 million.
Nigeria plans transition to full energy access and net zero
Nigeria is pitching for $10 billion from international funders to kickstart an energy transition plan. It aims to lift 100 million out of poverty by 2030, bring energy access to…
Nigeria moves to partake in USD$175bn carbon trade market
Nigeria has taken its first major step towards the development of Nigeria’s Emission Trading Framework.
Namibia unveils carbon market project
Efforts are underway to establish carbon markets in Namibia. The project is funded by the Japanese government to the tune of $1 million.
Nigeria plans transition to full energy access and net zero
Nigeria is pitching for $10 billion from international funders to kickstart an energy transition plan. It aims to lift 100 million out of poverty by 2030, bring energy access to…
DRC will auction 30 oil and gas blocks in Congo Basin forest
The bill translates the country's revised NDC into law but does not explain how to reach the target (-43% emissions by 2030, net zero by 2050).