LCAW25: Brazil optimistic about tropical forest funding facility after London talks
A Brazil-led innovative financing model, designed to fight tropical deforestation, is said to be within reach following talks between government officials and philanthropies in London.
Read MoreBRIEFING: Colombian Q1 2025 CO2 tax retirements see multi-year peak
The Q1 2025 results for carbon offsetting under Colombia’s national CO2 tax have this week been published, showing higher retirements that build upon recent rebounds in local demand after post-2022 lows.
Read MoreBiofuels infrastructure, appropriate policies key for meeting IMO CO2 rule -panellists
Building biofuels infrastructure and developing business-friendly policies will be critical for shippers to effectively meet draft International Maritime Organization (IMO) CO2 rules agreed earlier this year, panellists said Thursday at a conference.
Read MoreINTERVIEW: Success of Brazilian ETS will be an indicator for the rest of Latin America, expert says
As the Brazilian government moves slowly to regulate its ETS, other Latin American countries are watching closely, with its success likely to serve as a reference point for the region, an expert told Carbon Pulse on the sidelines of a conference this week.
Read MoreBrazilian state strikes $100 mln forest restoration deal with commodities trader
An ecologically rich Brazilian state on Tuesday in London confirmed a $100 million investment deal with a multinational commodities trader to combat forest degradation.
Read MoreColombian president claims carbon credits are violent “scam” amid political fissures
Colombian President Gustavo Petro earlier this month stated that the voluntary carbon market (VCM) is a “scam” perpetuating armed violence and a form of modern slavery, prompting a rebuke Wednesday from the carbon industry and revealing domestic political fractures in this prominent VCM hub.
Read MoreBRIEFING: Brazil risks falling behind on Article 6, stakeholders warn
Brazil’s current approach leaves it lagging in the race to supply Internationally Transferred Mitigation Outcomes (ITMOs) under Article 6 of the Paris Agreement, stakeholders said at a conference this week.
Read MoreChilean high council approves draft NDC, biodiversity offsetting regulation
Chile’s Nationally Determined Contribution (NDC) climate targets on Wednesday secured late-stage approval by a high-level council of ministers, who simultaneously gave the green light to a regulation on biodiversity offsetting.
Read MoreLCAW25: Outcome bonds set to launch to preserve intact forests in remote locations
A global non-profit expects to soon launch as many as three outcome bonds linked to maintaining the ecological integrity of remote rainforests far from corporate supply chains, which otherwise fall outside the scope of the voluntary carbon market, an event heard in London on Wednesday.
Read MoreBrazilian developer invests in UK-headquartered climate tech firm to scale soil carbon portfolio
Brazilian carbon project developer Carbonext has acquired a minority stake in a UK-headquartered climate tech firm, aiming to diversify its project portfolio and scale regenerative agriculture practices amid growing demand for high-quality carbon removals credits.
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