UPDATE – Brazilian prosecutors demand cancellation of Para’s $180 mln J-REDD deal

Published 20:15 on April 16, 2025  /  Last updated at 20:39 on April 17, 2025  / /  Americas, Nature-based, South & Central, Voluntary

Brazilian public prosecutors issued a recommendation recently to cancel the state of Para’s $180 million deal for the sale of jurisdictional REDD (J-REDD) credits, saying the agreement violates national law.

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Brazil to propose international carbon market integration at COP30 -official

Published 22:08 on April 15, 2025  /  Last updated at 22:08 on April 15, 2025  / /  Americas, Asia Pacific, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, South & Central, US

Brazil will present a proposal to integrate carbon markets worldwide when it hosts the COP30 UN climate conference in November, a senior government official said Friday.

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UPDATE – Carbon project financier sues former execs, claiming over $45 mln in damages as ex-CEO plans defence

Published 02:30 on April 15, 2025  /  Last updated at 21:16 on April 15, 2025  / and /  Americas, Canada, Nature-based, Voluntary

A Toronto-based carbon project financier filed legal action Monday claiming over $45 million from several former executives and consulting companies for alleged breaches of fiduciary duty, fraudulent misrepresentation, and unjust enrichment, charges the former CEO has denied.

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US university carbon capture hub names new co-director

Published 23:13 on April 14, 2025  /  Last updated at 23:13 on April 14, 2025  / /  Americas, Bavardage, Nature-based, US, Voluntary

A hub at a university in Connecticut engaged in research on natural carbon capture announced last week a new co-director.

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Brazil launches $26 mln call for restoration of Indigenous lands

Published 22:14 on April 14, 2025  /  Last updated at 22:14 on April 14, 2025  / /  Americas, Biodiversity, Nature-based, South & Central, Voluntary

Brazil’s national development bank and environment ministry on Friday launched a R$150 million ($25.6 mln) call for the ecological restoration of Indigenous lands in areas of the country suffering from deforestation.

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ARB offset issuances dip in latest two-week cycle as DEBs units reemerge, YtD lead in new credits narrows

Published 23:42 on April 9, 2025  /  Last updated at 01:05 on April 10, 2025  / /  Americas, Canada, US

The number of compliance-eligible offsets issued by ARB fell about 8% from the previous two-week issuance period, as the state regulator once again issued units tagged with direct environmental benefits to the state (DEBs) and 2025’s year-to-date (YtD) increase in new credits narrowed, state data published Wednesday showed.

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Republican senators reintroduce legislation to establish US carbon border tariff

Published 00:59 on April 9, 2025  /  Last updated at 00:59 on April 9, 2025  / /  Americas, Asia Pacific, Carbon Taxes, CBAM, China, EMEA, US

A pair of Republican senators have introduced updated legislation establishing a US carbon border tariff fee on imports from countries with perceived dirtier production practices, targeting China in particular.

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Pennsylvania Republicans introduce bill to require carbon fee public consultation, legislative authorisation for cap-and-trade

Published 19:02 on April 8, 2025  /  Last updated at 19:02 on April 8, 2025  / /  Americas, Carbon Taxes, US

GOP lawmakers in Pennsylvania introduced Monday a bill requiring a state agency to submit a recommendation for a carbon fee regime to regulate CO2 emissions after completion of public consultation, but also stipulating that any cap-and-trade programme must be legislatively authorised.

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Optional targets, exclusion of Scope 3 in SBTi draft update could hinder CDR investment -report

Published 23:38 on April 7, 2025  /  Last updated at 23:38 on April 7, 2025  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

The inclusion of optional targets and exclusion of Scope 3 emissions in the Science Based Targets initiative’s (SBTi) draft update to its Corporate Net-Zero Standard could hinder investment in CO2 removals (CDR), according to a report published Monday.

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Brazilian project developer receives $17 mln backing from banks via national climate fund

Published 18:48 on April 7, 2025  /  Last updated at 23:27 on April 7, 2025  / /  Americas, Nature-based, South & Central, Voluntary

A Sao Paulo-based carbon removal (CDR) project developer has received R$100 million ($16.9 mln) in backing from two Brazilian banks, becoming the first company to fund a reforestation project via a national climate fund.

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