Brazil’s Amazonas public prosecutor calls for suspension of select REDD+ activities in state

Published 22:10 on August 9, 2024  /  Last updated at 19:39 on August 15, 2024  / /  Americas, Nature-based, South & Central, Voluntary

The public prosecutor’s office of Amazonas recommended Thursday the suspension of all activities related to REDD+ projects in the Brazilian state that affect Indigenous and traditional communities, ordering involved parties to submit project information to the agency.

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US EPA should take steps to prevent fraud, analyse air quality impacts from RFS -watchdog

Published 16:57 on August 9, 2024  /  Last updated at 16:57 on August 9, 2024  / /  Americas, RINs & LCFS, US

The US Environmental Protection Agency (EPA) must improve its information system to prevent fraud in its Renewable Fuel Standard (RFS) and comply with mandates to study the programme’s impact on air quality, according to a report with a list of recommendations from the agency’s watchdog.

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Canadian offset project financier rakes in $11.2 mln from Rwandan, Vietnamese projects

Published 01:42 on August 9, 2024  /  Last updated at 01:42 on August 9, 2024  / /  Africa, Americas, Asia Pacific, Canada, EMEA, Other APAC, Voluntary

A Toronto-headquartered carbon project financier announced Thursday that it has received $11.2 million from the sale of carbon credits from its Vietnamese household device and Rwandan cookstove projects.

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US DOE gives out $44 mln towards geologic CO2 storage

Published 01:35 on August 9, 2024  /  Last updated at 01:54 on August 9, 2024  / /  Americas, US, Voluntary

The US Department of Energy (DOE) announced Thursday it is allocating $44.5 million in funding towards nine university- and industry-led projects to advance knowledge of the potential of geologic basins to permanently store CO2 emissions.

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US Democratic lawmaker introduces legislation to encourage Scope 3 disclosures

Published 01:57 on August 8, 2024  /  Last updated at 01:57 on August 8, 2024  / /  Americas, US

Congressman Adam Schiff (D) of California on Wednesday introduced a bill that would direct the US Environmental Protection Agency (EPA) to establish voluntary guidelines for companies to disclose their Scope 3 emissions, seeking to promote transparency on corporate carbon footprints.

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US blockchain firm expands carbon platform services with first South American franchises

Published 01:17 on August 8, 2024  /  Last updated at 01:17 on August 8, 2024  / /  Americas, South & Central, US, Voluntary

A US blockchain environmental registry announced Wednesday the opening of franchises in Argentina and Paraguay.

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Pollination partners with forestry nonprofit subsidiary to support ARR carbon projects

Published 16:43 on August 7, 2024  /  Last updated at 16:43 on August 7, 2024  / /  Americas, EMEA, Nature-based, US, Voluntary

The London-headquartered investment and advisory firm and a US-based subsidiary of a forestry-focused nonprofit will partner to identify suitable afforestation, reforestation, and revegetation (ARR) projects for carbon credits.

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Bill Gates-founded climate investment firm pulls in $839 mln for new fund

Published 01:18 on August 7, 2024  /  Last updated at 01:18 on August 7, 2024  / /  Americas, EMEA, Nature-based, US, Voluntary

A sustainable investments firm founded by Bill Gates has raised $839.4 million, according to recent US Securities and Exchange Commission (SEC) filings, which will go to a new fund focused on climate.

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Colorado firm successfully demonstrates 1,000 hours of cryogenic CCS

Published 16:30 on August 6, 2024  /  Last updated at 16:30 on August 6, 2024  / /  Americas, US, Voluntary

A Colorado company announced last week that it has successfully completed 1,000 hours of testing for its cryogenic point-source carbon capture and storage (CCS) system that removes CO2 from flue gas before its release into the atmosphere.

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Canadian timber company says it sold 600,000 voluntary carbon credits in Q2 for C$19.7 mln

Published 01:49 on August 6, 2024  /  Last updated at 01:49 on August 6, 2024  / /  Americas, Canada, Nature-based, US, Voluntary

A New Brunswick-based timber company announced in Q2 financial results last week that it sold 600,000 credits from a Maine improved forest management (IFM) project for C$19.7 million ($14.3 mln), adding that it plans to continue its involvement in the voluntary carbon market (VCM) moving forward.

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