Brazil issues decree for Indigenous, traditional access to public forests
An interministerial decree in Brazil released this week seeks to regularise access to undesignated federal public forests in the Legal Amazon for Indigenous and traditional communities.
Read MoreRepublican state AGs, industry challenge New York’s Climate Superfund Act
A group of 22 Republican state attorneys general (AGs) and industry groups are challenging in federal court New York’s recently signed “Climate Superfund” law that targets fossil fuel firms.
Read MoreBrazilian state signs carbon credits MoU with environmental services firm
A small Brazilian state signed an MoU on Friday with a Sao Paulo-based environmental services firm that entails a carbon project the pair said could be worth more than R$300 million ($51.7 mln).
Read MoreBrazil proposes new regulatory agency to oversee national ETS -media
Brazil’s finance ministry is proposing to create a new agency to regulate and manage the country’s recently approved ETS, national media reported Thursday.
Read MoreUS rescinds $4 bln in pledged funding for Green Climate Fund, removes climate stress testing from banks
The administration of US President Donald Trump has rescinded previously pledged funding to the UN’s Green Climate Fund (GCF) amounting to some $4 billion, alongside a pullback of voluntary climate risk determinations from major US banks.
Read MoreBrazil’s Pantanal has more than strong potential for carbon projects -report
Brazil’s Pantanal biome – which represents the world’s largest wetlands area – has the potential to host carbon credit projects on 1.2 million hectares, according to a report by a Brazilian think tank.
Read MoreUS district court narrows scope of California climate disclosure laws challenge
A US district court on Monday dismissed two sets of claims made by business groups in their ongoing challenge against California climate disclosure rules.
Read MoreUS transportation agency drops defense of Biden-era highway emissions rule
A US appeals court issued a ruling Monday dismissing a case on a highway emissions reductions rule from former President Joe Biden after the new Department of Transportation (DOT) dropped its legal defense of the mandate.
Read MoreRGGI Market: RGAs fluctuate amidst continued programme uncertainty, US-Canada tariff tangle
RGGI allowances (RGAs) fluctuated over the last week as uncertainty continues from not only the stalled programme review, but also the potential of tariffs between the US and Canada, market participants said.
Read MoreCFTC: Investors continue CCA, LCFS pullback
Financial entities continued to cool off from California Carbon Allowance (CCA) and Low Carbon Fuel Standard (LFS) futures and options holdings, while emitters increased longer-dated CCAs and LFS positions, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.
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