Americas > Brazil development bank cancels voluntary carbon purchase plans from credit tenders

Brazil development bank cancels voluntary carbon purchase plans from credit tenders

Published 22:17 on August 7, 2023  /  Last updated at 23:30 on August 7, 2023  / /  Americas, Nature-based, South & Central, Voluntary

Brazil’s development bank BNDES on Friday announced that it has scrapped its plan to purchase tens of millions of dollars in voluntary carbon credits from two tender processes last year as the institution restructures its support for the market.
Brazil’s development bank BNDES on Friday announced that it has scrapped its plan to purchase tens of millions of dollars in voluntary carbon credits from two tender processes last year as the institution restructures its support for the market.


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