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Carbon Mitigation: A Pathway to Business Success through International Collaboration

In today’s rapidly evolving business landscape, carbon mitigation has emerged as a critical component for success. As organizations increasingly recognize the importance of sustainable practices, international collaboration becomes essential. The Paris Agreement’s Article 6 provides a robust framework for market-based approaches that can accelerate carbon reduction efforts globally. At the heart of Article 6 are...

Charged with Freedom: The e-Bike Revolution in Ghana

WAHU Mobility is a Ghanaian company creating an ecosystem for e-mobility solutions. WAHU provides universal access and “lease-to-own” financial services for locally manufactured e-bikes. These bikes are to be used primarily for gig economy jobs and fleet operators, replacing fossil fuel-powered vehicles. WAHU’s headquarters are in Accra, and its team includes experts in vehicle manufacturing,...

Carbon Markets as the Key to Climate Action Projects

Fast-growing marketCarbon credit trade is developing into an exponentially growing market and will play a decisive role in global climate protection in the coming years. Among many national and regional schemes, this is especially true for the trade of ITMOs based on Paris Agreement Article 6. International collaborationArticle 6 allows the Parties of the Paris...

Article 6 Framework Published in Zambia

Zambia has published a carbon market framework for the institutional arrangements, the national registry and other relevant procedures to operationalise carbon trade according to Article 6. Energy, mobility and various other sectors will be eligible to generate Internationally Transferred Mitigation Outcomes (ITMOs) in the country.

COP29 in Baku Has Paved the Way for Article 6 Implementation

Carbon markets are the critical factor for scalable climate action. Mr. Elnur Soltanov, Chief Executive Officer of COP29 Azerbaijan, described ITMO (Internationally Transferred Mitigation Outcome) trading according to Paris Agreement Article 6 as the “Holy Grail” of carbon mitigation. He stated, “Article 6 is essential for internationalising these compulsory markets and tying back to NDCs....

Norway Purchases ITMOs and Contributes to Article 6 Carbon Fund

The Norwegian Global Emission Reduction (NOGER) Initiative is committing a substantial budget of 8.2 billion NOK (equivalent to approximately 770 million USD) for the acquisition of Internationally Transferred Mitigation Outcomes (ITMOs). The NOGER Initiative is collaborating with various host countries, primarily located in Africa, for these transactions. This points to a significant surge in demand...