Brazil creates forest carbon regulatory body
Brazil’s environment ministry (MMA) on Monday published an ordinance establishing a forest carbon task force that will help regulate both voluntary and compliance forest carbon markets.
Read MoreCalifornia governor appoints new member to ARB watchdog
Governor Gavin Newsom (D) added a sixth member to the independent advisory committee overseeing California’s ETS and other relevant climate policies.
Read MoreVCM Report: Voluntary carbon credit indices rebound, France backs CCPs
Voluntary carbon credit indices edged higher last week as market participants returned to desks following a holiday break, while France threw its weight behind corporate use of integrity-backed carbon credits, following similar moves by Germany and the UK in April.
Read MoreAll eyes on China to pick up climate leadership as US steps away, Brazilian experts say
Brazil’s upcoming COP30 summit will usher a new era of Chinese climate leadership, as the country pushes ahead with the transition to renewables and overachieves on its commitments — filling a void left by the US, according to Brazilian experts.
Read MoreInvestors launch $200 mln US forest carbon fund
Two companies have partnered to launch a new carbon investment fund for US-based projects as they seek to raise $200 million to generate high-integrity credits.
Read MoreCanadian carbon streaming company uproots US soil project investment amid voluntary market turmoil
A Toronto-headquartered carbon and precious metals royalty and streaming company has terminated future capital commitments to a major US-based carbon farming programme, citing worsening market conditions and increased investment risks.
Read MoreJapanese refiner invests in venture capital fund to drive DAC solutions
One of Japan’s largest refiners will invest in a venture capital fund dedicated to supporting startups engaged in the development of carbon removal solutions, it announced Monday.
Read MoreFederal court orders US SEC to clarify plans for climate disclosure rules
A federal court this week ordered the US Securities and Exchange Commission (SEC) to clarify its plan for controversial climate disclosure rules after the agency said last month it would not defend the regulations against legal challenges.
Read MoreState lawmaker in Puebla, Mexico proposes carbon tax
A lawmaker from the ruling party in the Mexican state of Puebla this week proposed a carbon tax on stationary emitters.
Read MoreWashington releases ETS overhaul draft for WCI linkage with short 15-day comment window
The Washington Department of Ecology on Friday published a draft proposal detailing changes to the Climate Commitment Act and GHG reporting requirements as part of linkage with California-Quebec’s ETS and other programme updates.
Read More
