New York’s 2026 state budget omits NYCI provisions

Published 23:10 on May 12, 2025  /  Last updated at 23:10 on May 12, 2025  / /  Americas, US

New York Governor Kathy Hochul (D) signed the state’s fiscal year 2026 budget Friday, which lacked provisions related to a planned cap-and-invest programme, known as NYCI.

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Rhode Island, oil majors debate discovery in climate change liability lawsuit

Published 00:20 on May 10, 2025  /  Last updated at 00:20 on May 10, 2025  / /  Americas, US

Rhode Island and a group of oil firms led by Chevron debated in court this week the need for discovery of evidence, as the companies looks to fight a suit brought by the state seeking damages for the effects of climate change.

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Brazilian legislative committee approves bill to allow carbon credit usage against agricultural taxes

Published 19:03 on May 8, 2025  /  Last updated at 19:03 on May 8, 2025  / /  Americas, Nature-based, South & Central, Voluntary

A committee in Brazil’s Chamber of Deputies approved Wednesday a proposal to allow the use of forestry-based carbon offsets against agricultural tax obligations.

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Google announces superpollutant carbon credit deals with Indonesian, Brazilian projects

Published 15:13 on May 8, 2025  /  Last updated at 15:13 on May 8, 2025  / /  Americas, Asia Pacific, Other APAC, South & Central, US, Voluntary

US-based tech giant Google on Thursday announced carbon credit deals for the equivalent of 1 million tonnes of CO2e over the next century from a commercial cooling project in Indonesia and a landfill activity in Brazil.

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Carbon credit financier, UAE investment firm sign MoU for $100 mln climate solutions venture

Published 23:51 on May 7, 2025  /  Last updated at 23:51 on May 7, 2025  / /  Americas, Asia Pacific, Canada, EMEA, Middle East, Nature-based, US, Voluntary

A carbon credit financier and a Dubai-headquartered investment firm have signed a Memorandum of Understanding (MoU) to establish a global decarbonisation and climate solutions joint venture (JV), with an expected $100 million in initial investment.

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Exchange announces first delivery of CORSIA Phase 1 credits at over $24 per tonne

Published 21:51 on May 7, 2025  /  Last updated at 13:00 on May 12, 2025  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Voluntary

An exchange announced Wednesday it has completed the successful delivery of some 50 CORSIA Phase 1-eligible lots at several dollars above both recent settlement prices and a special auction held late last year.

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Brazilian partners announce 50k-hectare ARR project

Published 22:14 on May 1, 2025  /  Last updated at 22:14 on May 1, 2025  / /  Americas, Nature-based, South & Central, Voluntary

A Brazilian bank, a Sao Paulo-based developer, and a national agricultural cooperative on Wednesday announced an agreement targeting a 50,000-hectare afforestation, reforestation, and revegetation (ARR) project in the Cerrado and Atlantic Forest regions.

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French bank, REDD+ marketing firm unveil $50 mln initiative for standard’s first projects

Published 00:42 on May 1, 2025  /  Last updated at 00:42 on May 1, 2025  / /  Americas, EMEA, Nature-based, South & Central, US, Voluntary

A Paris-headquartered bank and a US-based REDD+ marketing firm announced Wednesday a $50 million initiative for Indigenous- and traditional community-led Amazonian forest conservation projects – the first under a nascent standard.

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Net losses more than double in 2024 during “necessary reset” for Canadian developer

Published 23:04 on April 30, 2025  /  Last updated at 23:04 on April 30, 2025  / /  Americas, Bavardage, Canada, Nature-based, Voluntary

A Vancouver-based carbon project developer announced Wednesday that its net losses more than doubled in fiscal year 2024, a period which the company’s CEO described as a “necessary reset”.

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Brazilian project developer secures $30 mln in latest funding

Published 15:59 on April 29, 2025  /  Last updated at 15:59 on April 29, 2025  / /  Americas, Nature-based, South & Central, Voluntary

A Sao Paulo-based reforestation carbon removal (CDR) project developer announced Tuesday it has secured $30 million in a Series A funding round.

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