PREVIEW: Brazil’s Amazon oil auction sparks debate over credibility ahead of COP30

Published 01:32 on June 17, 2025 / Last updated at 02:56 on June 17, 2025 / / Americas, South & Central

Brazil is set to auction 172 oil and gas exploration blocks on Tuesday, including 68 in the Amazon region, triggering internal tensions between the country’s energy and environment ministries and raising questions over its energy transition credentials less than five months before it hosts the UN’s COP30 summit.

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INTERVIEW: Brazilian state needs to rush CCS regulation to host ArcelorMittal, Petrobras hub

Published 22:14 on June 13, 2025 / Last updated at 22:14 on June 13, 2025 / / Americas, South & Central, Voluntary

A southeastern Brazilian state needs to accelerate the development of local regulations for carbon capture and storage (CCS) to pave the way for a pilot hub led by ArcelorMittal and Petrobras, an executive from the state’s industry federation told Carbon Pulse.

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Lack of certainty on offset use in Brazilian ETS blamed for slowing Petrobras CCS strategy

Published 15:13 on June 12, 2025 / Last updated at 15:13 on June 12, 2025 / / Americas, South & Central, Voluntary

The lack of a defined percentage for the use of carbon offsets towards compliance obligations under Brazil’s future ETS is affecting strategy for deploying carbon capture and storage (CCS) in the country, a manager at state-owned oil company Petrobras said on Wednesday.

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WWF guides companies on how to act for climate and nature action beyond their value chains -report

Published 01:36 on June 10, 2025 / Last updated at 01:36 on June 10, 2025 / / Americas, Asia Pacific, Biodiversity, EMEA, Nature-based, Voluntary

The World Wide Fund for Nature (WWF) released a new paper providing guidance for companies on how to take credible climate and nature action beyond their value chains.

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COP30 should end with climate talks including nature and adaptation, says CEO

Published 21:57 on June 6, 2025 / Last updated at 22:01 on June 6, 2025 / / Americas, Climate Talks, International, South & Central

The COP30 presidency aims to have three main outcomes in climate finance talks, including a roadmap to achieve a $1.3 trillion global goal and finance for nature and adaptation, the conference’s CEO said Thursday.

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CLARIFICATION – Brazilian project developer working on new $300 mln vehicle for restoration projects

Published 20:25 on June 6, 2025 / Last updated at 18:06 on June 10, 2025 / / Americas, Nature-based, South & Central, Voluntary

A Brazilian reforestation developer announced on Friday that it is raising $300 million in funding for its carbon removal (CDR) projects.

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Earth Security, UBS foundation launch framework for repricing blue carbon as a premium asset

Published 21:43 on June 5, 2025 / Last updated at 21:43 on June 5, 2025 / / Nature-based, Voluntary

To unlock the true value of blue carbon, the investment company Earth Security, in collaboration with UBS Optimus Foundation, has launched a new framework with practical recommendations for project developers, communities, and investors to position these credits as premium assets.

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AFD, Banco do Brasil target €250 mln for bioeconomy and restoration projects

Published 16:03 on June 3, 2025 / Last updated at 16:03 on June 3, 2025 / / Americas, Biodiversity, Nature-based, South & Central, Voluntary

The French Development Agency (AFD) and state-owned Banco do Brasil (BB) have signed a Letter of Intent to raise €250 million for sustainable projects focused on bioeconomy, recovery of degraded areas, low-carbon agriculture, reforestation, and biofuels.

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Brazilian mining company estimates carbon pricing mechanisms could incur costs of up to $3.4 billion

Published 00:29 on June 3, 2025 / Last updated at 00:29 on June 3, 2025 / / Americas, South & Central

A Rio de Janeiro-headquartered global mining giant estimates that carbon pricing mechanisms could incur costs in the long term ranging from $1.2 billion to $3.4 bln, according to a report published Monday.

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Brazilian commission approves safeguards for REDD+ carbon projects

Published 15:23 on June 2, 2025 / Last updated at 15:23 on June 2, 2025 / / Americas, Nature-based, South & Central, Voluntary

Brazil’s National Commission for REDD+ (CONAREDD) approved last week guidelines for the protection of communities in the implementation of carbon credit projects.

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