Brazil issues decree for Indigenous, traditional access to public forests

Published 23:49 on February 8, 2025  /  Last updated at 11:50 on February 9, 2025  / /  Americas, Nature-based, South & Central, Voluntary

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.

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Republican state AGs, industry challenge New York’s Climate Superfund Act

Published 02:23 on February 8, 2025  /  Last updated at 02:23 on February 8, 2025  / /  Americas, US

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.

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Brazilian state signs carbon credits MoU with environmental services firm

Published 01:14 on February 8, 2025  /  Last updated at 01:14 on February 8, 2025  / /  Americas, Nature-based, South & Central, Voluntary

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).

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Brazil proposes new regulatory agency to oversee national ETS -media

Published 01:17 on February 7, 2025  /  Last updated at 01:17 on February 7, 2025  / /  Americas, South & Central

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.

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US rescinds $4 bln in pledged funding for Green Climate Fund, removes climate stress testing from banks

Published 23:21 on February 6, 2025  /  Last updated at 23:21 on February 6, 2025  / and /  Americas, Asia Pacific, EMEA, International, Nature-based, US, Voluntary

The administration of US President Donald Trump has rescinded previously pledged funding to the UN’s Green Climate Fund (GCF) amounting to some $4 billion, alongside a pullback of voluntary climate risk determinations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.

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Brazil’s Pantanal has more than strong potential for carbon projects -report

Published 17:21 on February 6, 2025  /  Last updated at 17:21 on February 6, 2025  / /  Americas, Nature-based, South & Central, Voluntary

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.

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US district court narrows scope of California climate disclosure laws challenge

Published 22:55 on February 5, 2025  /  Last updated at 22:55 on February 5, 2025  / /  Americas, US

A US district court on Monday dismissed two sets of claims made by business groups in their ongoing challenge against California climate disclosure rules.

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US transportation agency drops defense of Biden-era highway emissions rule

Published 17:48 on February 4, 2025  /  Last updated at 17:48 on February 4, 2025  / /  Americas, US

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.

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RGGI Market: RGAs fluctuate amidst continued programme uncertainty, US-Canada tariff tangle

Published 01:31 on February 4, 2025  /  Last updated at 01:31 on February 4, 2025  / and /  Americas, US

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.

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CFTC: Investors continue CCA, LCFS pullback

Published 01:12 on February 1, 2025  /  Last updated at 01:21 on February 1, 2025  / , and /  Americas, Canada, RINs & LCFS, US

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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