LATAM Roundup: Distress and opportunities as CORSIA, CO2 taxes, CBAM take root
In a week that saw UN civil aviation body ICAO publish its technical report on the flagship CORSIA offsetting scheme, which is being incorporated into national regulations around the world, this and other compliance carbon pricing initiatives posed diverse challenges and opportunities around the LATAM region – from Trinidad and Tobago to Guyana, and Mexico to Brazil.
Read MoreState of Colima approves second-highest CO2 tax in Mexico
The Mexican state of Colima approved a new carbon tax Tuesday, making it the ninth state in the country to adopt such a policy.
Read MoreMexico calls for $24 bln reforestation fund at G20 summit -media
Mexican President Claudia Sheinbaum called for the launch of a global reforestation initiative at the G20 Leaders’ Summit last week that, under her vision, could boast a $24 billion budget.
Read MoreMexican state launches biodiversity, carbon credit programme
A Mexican state has partnered with a Franco-Mexican environmental credit company to kickstart a programme aimed at advancing the local biodiversity and carbon market.
Read MoreLosses mount for carbon credit financier after it writes off two more projects
A Toronto-based carbon credit financier has seen its financial losses mount after it was forced to write off two more projects.
Read MoreUS-based carbon registry posts update to its methodology combatting ozone-depleting gases
A US-based carbon registry has posted changes to its methodology for earning voluntary carbon credits from transitioning to advanced refrigeration systems.
Read MoreRedesigning payments for forest conservation could boost cost-effectiveness, researchers find
New research suggests that redesigned contracts in forest conservation programmes could significantly reduce deforestation at a fraction of the usual cost.
Read MoreGerman cement plant receives €157 mln for CCUS upgrade
A consortium of two Mexican and European companies have received a €157 million ($170 mln) grant from the EU Innovation Fund to finance a carbon capture utilisation and storage (CCUS) project at a German cement plant, the companies announced Tuesday.
Read MoreConsultants urge Mexican project developers to integrate quality-improving measures at early stages
Mexican carbon consultants urged developers Thursday to begin integrating strategies to improve the integrity of carbon credits during the early stages of project development.
Read MoreUS blockchain-based carbon platform announces Mexican franchise
A Houston-headquartered blockchain carbon credit platform announced Wednesday the establishment of a franchise in Mexico as the company expands its presence in Latin America.
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