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Zimbabwe Carbon Registry Launched

Zimbabwe is preparing to become another attractive host country for Article 6 carbon activities. Following the introduction of carbon trading regulations, the Ministry of Environment, Climate and Wildlife (MoECW) has completed the pilot launch of the Zimbabwe Carbon Registry – the first national carbon registry based on secure blockchain technology. Fully integrated with a comprehensive...

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.

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...