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- Thu 00:15Paraguay's potential - Paraguay could receive revenues of $500 mln per year from carbon credits if the South American country concretes 5-10 bilateral agreements under Article 6 of the Paris Agreement, Kiantar Betancourt, president of the local private-sector association, Capadeco, told Infonegocios. International emissions transfers would be mainly sourced from forestry and other nature-based projects, he said. Paraguay has already signed Article 6.2 MoUs with Taiwan and the UAE, and is in active conversations with South Korea, Japan, and Switzerland.
- Wed 22:24Brazil's total area of native vegetation deforested remained below 1 million hectares in a single year for the first time since 2019, according to a new report.
- Wed 21:35Ardea ascends – Founder Marcos Almeida launched Ardea Climate this week, which is an environmental assets company specialising in the commercialisation of credits in the VCM. The new Sao Paulo-based firm said it will operate across sales, brokerage, and commercial advisory services, connecting selected climate projects with a global network of corporate buyers across REDD+, ARR, landfill gas, renewables, and I-RECs. Almeida previously led international sales and business development at Biofilica Ambipar Environment, and has also held roles at Bank ABC Brasil, Louis Dreyfus Company, ED&F Man, and PwC.
- Wed 17:23Nature-based solutions (NbS) are key to economic stability, food security, and disaster risk reduction in the Philippines, according to a report shared with Carbon Pulse.
- Wed 16:33Local communities must be put at the heart of clean cooking projects for them to generate credible carbon credits and fulfil their potential as one of the only climate measures that can be deployed fast and at scale in displacement settings.
- Peru will be looking to sell around 1 million forest carbon credits a year into the Singapore market under its bilateral Article 6.2 deal, a project developer told Carbon Pulse this week.
- Wed 15:43A Dutch carbon market standard setter has approved a new methodology for generating voluntary credits from crop residues transformed into long-lived biobased construction materials, in a move aimed at supporting circular building supply chains and scaling carbon storage in the built environment.
- Wed 14:47Zimbabwe's dispute over the eligibility of its carbon credits for aviation offsetting scheme CORSIA highlights the persistent political uncertainties around Sub-Saharan Africa's race to enter international carbon markets – while scientific studies warn that carbon investments could be key to saving the continent's vital forest sinks.
- Wed 14:11From CDM to PACM – Brazil has approved nine additional projects and programmes from the former Clean Development Mechanism (CDM) for inclusion in the Paris Agreement Crediting Mechanism (PACM), it announced on Tuesday. This adds to a previous round of approval for 80 projects. While most of the projects focus on renewable energy, the reforestation initiative Renewable Source of Wood Supplies for Industrial Use in Brazil stands out among them.
- Wed 14:04The Global Environment Facility (GEF) has committed $9.8 million to a UN-led nature-based climate resiliency initiative in Ethiopia, it announced this week.
- Wed 12:47Market-based carbon and biodiversity mechanisms are one option that could help overcome key financial barriers to expanding primary forest protection in the EU, according to a study.
- Wed 10:56Only a third of EU ETS stakeholders are explicitly in favour of allowing the use of international carbon credits in the cap-and-trade market, whereas a strong majority backs the bloc's use of credits outside the scheme, data from the European Commission's call for evidence reveals.
