LATAM Roundup: Cautious optimism reigns for the VCM
Last week saw voluntary carbon market (VCM) stakeholders welcome Colombia’s CO2 tax results, while Chile debuted and promoted market regulations, Mexico announced a major soil carbon deal, and anticipation built for Brazil’s ETS and Tropical Forests Forever Fund (TFFF).
Read MoreRGGI Market: RGA prices tone down as temperatures across US Northeast ease
RGGI Allowance (RGA) prices retreated from year-high levels as temperatures in the US Northeast moderated in the aftermath of a heat wave.
Read MoreBrazil’s Atlantic Forest, Pampa biomes have annual capacity for over 100 mln carbon credits -report
Two of Brazil’s six terrestrial biomes – the Atlantic Forest and Pampa – have a combined annual capacity to supply 100 million REDD+ credits, as well as over 4 mln afforestation, reforestation, and revegetation (ARR) credits, according to a report published Monday.
Read MoreBioCarbon launches new dMRV working group with CORSIA, ICVCM aims
The BioCarbon nature and carbon standard has launched an initiative to study digital monitoring, reporting, and verification (dMRV) solutions, partially to support the standard’s ambitions to align with the CORSIA international aviation offsetting scheme and the Integrity Council for the Voluntary Carbon Market (ICVCM).
Read MoreVCM Report: Huge deals for soil carbon removal projects, despite sideways secondary market
Voluntary carbon credit prices continued to trend sideways in secondary trade, though the sector was buoyed by a splurge of expensive soil removal deals, and healthier activity in the primary market.
Read MoreCanadian offset provider acquires large carbon project developer
A Calgary-headquartered carbon offset provider announced Monday the acquisition of a long-standing Switzerland-based project developer and trader.
Read MorePublic banks scale back investments in industrial farming by 46% -report
Total investments from 16 leading international finance institutions (IFIs) in industrial animal agriculture almost halved over 2024, while sustainable flows tripled, according to data released on Monday.
Read MoreResearchers find holes in Meta’s public carbon capture data project
Researchers have described Meta’s open-source carbon removal data initiative, aimed at accelerating direct air capture (DAC) technology, as containing significant flaws, though they welcomed the public nature of the work.
Read MoreLarge REDD+ forest carbon fund launches call for projects
A fund worth $50 million has launched a call for carbon projects that are to be certified under a new REDD+ standard.
Read MoreStates and regions call for global solidarity levies on heavy polluting sectors
Just over a dozen states and regions around the world are calling on governments to impose global solidarity levies on high-emitting sectors, in order to raise climate finance and boost action in developing countries, they announced on Monday.
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