Business

Green Groups Skeptical as Africa Climate Summit Raises Hundreds of Millions in Carbon Credits

Green Groups Skeptical as Africa Climate Summit Raises Hundreds of Millions in Carbon Credits

An initiative at Africa’s first climate summit to boost production of the continent’s carbon credit program by nearly 20 times by 2030 brought pledges of hundreds of millions of dollars. United Arab Emirates (UAE) investors pledged to purchase $450 million worth of Africa Carbon Markets Initiative (ACMI) credits. ACMI was launched at COP27 in Egypt […]

Join our newsletter

The best of EcoWatch, right in your inbox. Sign up for our email newsletter!

    Amazon Nations Sign Rainforest Protection Agreement, but Don’t Agree on Deforestation Deadline

    Amazon Nations Sign Rainforest Protection Agreement, but Don’t Agree on Deforestation Deadline

    Representatives from the eight countries that share the Amazon river basin have signed the Belém Declaration, an agreement to work together to conserve the planet’s largest rainforest that includes a list of shared environmental measures and policies. However, the accord fell short of a consensus on ending deforestation. The countries — Bolivia, Brazil, Colombia, Ecuador, […]

    Maine’s Offshore Wind Boost Could Meet Half Its Energy Needs by 2040

    Maine’s Offshore Wind Boost Could Meet Half Its Energy Needs by 2040

    Offshore wind energy is getting a major boost in Maine, which has just approved adding 3,000 megawatts of energy provided by offshore wind turbines by 2040. The 3,000 megawatts would be enough to meet about half of Maine’s electricity demand. Maine Governor Janet Mills signed the law, LD 1895, on Thursday, noting the legislation would […]

    Green Construction 101: Everything You Need to Know

    Green Construction 101: Everything You Need to Know

    Quick Key Facts What Is Green Construction? Green construction involves building structures efficiently and sustainably. This can be done in a number of ways, from using more sustainable building materials or making use of recycled materials, to crafting buildings that minimize energy and water consumption. The idea is to focus on sustainability and eco-friendliness of […]