UAE to tap Zambia forestry for carbon credits
Two governments sign MoU allowing UAE to develop forestry-based projects in the African country
The UAE has signed a memorandum of understanding with Zambia to develop forestry-based carbon removal projects in the African country to generate carbon credits. The agreement falls under Article 6 of the Paris Agreement, which allows international trade in carbon credits used to meet countries’ targets set out in their Nationally Determined Contributions. The UAE has signed the agreement via Blue Carbon, a state-owned company set up to drive forward international carbon removal projects. Zambia is a unique treasure trove of natural resources, rich with vast forests that act as natural carbon sinks Blue Carbon will identify and implement strategies for Zambia's forest landscapes to g
![](/images/white-fade.png)
Also in this section
21 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries
18 July 2024
Platform developed at Scottish university uses advanced simulations and machine learning to find most cost-effective and sustainable combinations of materials for use in carbon capture
18 July 2024
Stockholm Exergi agrees to one of world’s largest deployments of CO₂ liquefication technology to enable transport of emissions captured from biomass power plant
11 July 2024
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence