Brazilian development bank, oil giant launch carbon credit initiative to support Amazon restoration

Published 19:32 on March 31, 2025 / Last updated at 19:32 on March 31, 2025 / / Americas (LATAM & Caribbean), Nature-based Carbon (Forestry), Voluntary (VCM Developments)

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Brazil's national development bank and a state-owned oil giant launched an initiative Monday to support forest restoration in the Amazon via carbon credits, aiming to capture approximately 15 million tonnes of CO2.
Brazil's national development bank and a state-owned oil giant launched an initiative Monday to support forest restoration in the Amazon via carbon credits, aiming to capture approximately 15 million tonnes of CO2.


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