Brazilian 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.
Read MoreNo offsets, no veggie burgers: Harvard report charts cattle methane strategy for Global South
Cutting methane emissions from cattle in the Global South will require a shift toward higher productivity, not costly substitutes, experimental technologies, or carbon offsets, according to a new report from Harvard University’s Salata Institute for Climate and Sustainability.
Read MoreCompanies ink world’s largest deal for soil carbon credits from grassland project in Mexico
At least 500,000 soil carbon credits have been snapped up in the world’s largest offtake deal for the sector of the voluntary market to date, although the volume could rise to 900,000, it was announced Wednesday.
Read MoreETS eligibility of credits necessary for scaling CCS in Brazil -industry group
Ensuring the eligibility of credits generated from carbon capture and storage (CCS) under Brazil’s future emissions trading system (ETS) will be necessary to scale the emerging technology in the country, the head of a national industry group said.
Read MoreDevelopment banks release bond issuance guidance to support net zero deforestation in the Amazon
Two multilateral development banks have published Amazon-specific guidelines for the issuance of thematic use-of-proceeds bonds that finance sustainable transport, buildings, energy, forestry, agriculture, and conservation initiatives.
Read MoreLCAW25: Acre’s J-REDD programme becomes first in Brazil to seek third-party rating
A UK-based carbon data provider on Tuesday announced plans to rate a jurisdictional REDD+ (J-REDD) programme in the Brazilian state of Acre.
Read MoreChile pilots certification programme for carbon tax-eligible ‘local pollutant’ offsets
The Chilean Ministry of Environment (MMA) on Monday announced the launch of a pilot programme to certify credits from local pollutant reduction projects, innovating within the offsetting provision of the national carbon tax.
Read MoreBrazilian development bank to resume equity investments in climate after 10-year break
Brazil’s national development bank (BNDES) has officially reoriented its investment priorities toward decarbonisation, energy transition, and innovation across all company sizes, the bank’s president said Monday.
Read MoreGlobal climate finance passed $2 trillion in 2024 -report
Global climate finance flows reached an all-time high of $1.9 trillion in 2023 and are expected to have surpassed $2 trillion in 2024, according to a report published Tuesday.
Read MoreINTERVIEW: Industry group ready to kickstart Ecuador’s biodiversity, carbon markets
As Ecuador awaits passage of voluntary carbon market (VCM) legislation, the country’s national carbon association is laying the groundwork for a large-scale carbon and biodiversity credit project.
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