LATAM Roundup: Carbon and biodiversity credits advance amid investment gaps, controversies
Governments and private sector actors across Latin America and the Caribbean moved forward with new carbon market and biodiversity credit initiatives over the past week in the face of ongoing policy and financing challenges.
Read MoreNew agreement advances industrial decarbonisation plans in Louisiana
A recently signed agreement seeks to link long-term carbon storage with low-carbon fuel production as part of a broader push to scale decarbonisation infrastructure in the Gulf Coast region.
Read MoreLimited investment opportunities undermine forest restoration in developing nations -study
Less than half of the world’s restorable forestland in low- and middle-income countries (LMICs) offer conditions favourable to private investment in forest restoration, a recently published study showed.
Read MoreNew VCMI code, CORSIA set to tighten carbon credit demand -panellists
A new international carbon offsetting code from the Voluntary Carbon Markets Integrity Initiative (VCMI), as well as eventual obligations under the UN aviation sector offsetting scheme, are reshaping voluntary carbon market (VCM) demand, panellists said during a Thursday webinar.
Read MoreCaribbean bloc highlights trade, forest programmes in green policy framework text
The 15-member Caribbean Community (CARICOM) bloc of countries last week launched a sustainability framework highlighting forest carbon and international trade restrictions as key policy considerations for an aligned front.
Read MoreNew Hampshire Republicans advance bill targeting revenue from carbon credit forest projects
A New Hampshire Senate committee took up a bill Tuesday that seeks to tax forest land enrolled in carbon offset projects.
Read MoreLATAM Roundup: Funding flows, frameworks evolve
A series of developments across Latin America and the Caribbean over the past two weeks signalled fresh momentum for carbon finance and market mechanisms as governments, standards bodies, and the private sector moved forward on a range of initiatives.
Read MoreCoalition of states challenge Vermont’s Climate Superfund Act in federal court
A coalition of 24 US state attorneys, led by West Virginia, filed a lawsuit on Thursday seeking to block Vermont’s newly enacted Climate Superfund Act, arguing that the law imposed unconstitutional and retroactive penalties on out-of-state energy producers.
Read MoreUS Republican lawmakers introduce bill to extend expired biodiesel tax credit
A group of US Republican lawmakers introduced legislation on Thursday to extend the federal biodiesel blender’s tax credit for two years.
Read MoreINTERVIEW: US biotech company moves new livestock methane solution closer to market
A startup working at the intersection of agriculture and climate change mitigation is advancing a methane-reducing vaccine for livestock, positioning it as a globally scalable tool for cutting GHG emissions.
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