Brazilian Climate Fund announces new round of R$2.7 bln for restoration projects, backing carbon credit pipeline
Brazil’s National Bank for Economic and Social Development (BNDES) and the Ministry of Environment and Climate Change (MMA) have announced five new forest restoration and agroforestry financing operations worth R$834 million ($164 mln), expected to leverage a total of R$2.7 billion in investments and generate millions of carbon credits.
Read MoreGHG Protocol expands on review amidst controversy of scientist resignation
Staff at global standard Greenhouse Gas Protocol have responded with detailed steps of an independent review conducted after scientists on the Independent Standards Board (ISB) raised concerns internally regarding deliberations over forest carbon accounting.
Read MoreEU food sector seeks more ETS revenues to back 85% emissions cut potential
Europe’s food and drink industry could cut greenhouse gas emissions by 85% from 2020 levels by 2050, exceeding the reductions required under science-based guidance, but only if policymakers channel more carbon pricing revenues and targeted support into low-carbon technologies, according to a sectoral net zero roadmap presented in Brussels on Thursday.
Read MorePACM could scale carbon crediting beyond projects, but rule gaps remain -report
The Paris Agreement Crediting Mechanism (PACM) could help carbon markets move beyond individual projects and deliver mitigation at scale, but regulators still need to close key methodological, governance, and demand gaps, according to a report released Tuesday.
Read MoreANALYSIS: New SBTi corporate climate standard offers path to scale nature-based carbon finance, even if onus is on tech-based removals
Nature-based solutions deserve stronger support in the newly released Science Based Targets initiative’s (SBTi) Corporate Net-Zero Standard Version 2.0, though they still have a clear pathway to scale, according to some carbon market stakeholders, who pointed to the standard’s prioritisation of engineered removals to help companies tackle hard-to-abate emissions later down the line.
Read MoreIndonesia’s Southwest Papua preparing carbon regulations
The provincial government of Southwest Papua is working on a jurisdiction-based carbon programme in preparation for future directions from Jakarta, local media reported Friday.
Read MoreEU ETS could need carbon removals “safety valve” to avoid price surge if CCS, hydrogen rollout falters -report
The EU may need to integrate CO2 removals into its emissions trading system as a “safety valve” to prevent allowance prices from spiralling if deployment of carbon capture and storage (CCS) and green hydrogen infrastructure continues to lag expectations, according to a new report.
Read MoreEuropean forest carbon sink estimated to miss 2030 climate target by more than quarter
Europe’s forests are on course to miss a carbon sink target consistent with the EU’s 2030 climate goals by more than a quarter, as rising natural disturbances and continued harvesting erode their capacity to absorb emissions, according to a study published this week.
Read MoreEU must ensure international carbon credit rules enable scale as well as integrity, say experts
Brussels must strike a balance between scale and integrity when it designs its international carbon credit purchasing framework, market stakeholders said this week, as the Commission digests the results of its recent consultation on the matter.
Read MoreSwiss climate non-profit sees income, operating profit fall further in 2025
A Swiss climate organisation reported lower income and lower spending on climate protection projects in 2025, while its initiatives generated 2.93 million tonnes in certified CO2 emission reductions.
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