Americas > Expanded ETS proposal, extensive oil production cloud Brazilian climate policy -report

Expanded ETS proposal, extensive oil production cloud Brazilian climate policy -report

Published 22:47 on May 8, 2024  /  Last updated at 22:47 on May 8, 2024  / /  Americas, International, Nature-based, South & Central, Voluntary

The enhanced eligibility of REDD+ credits in partially-approved ETS legislation in Brazil, alongside increased investment in oil production, could contradict the country's climate policy ambitions, according to a report published Wednesday.
The enhanced eligibility of REDD+ credits in partially-approved ETS legislation in Brazil, alongside increased investment in oil production, could contradict the country's climate policy ambitions, according to a report published Wednesday.


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