Petrobras, BNDES announce winners of 5 mln-carbon credit call
Brazil’s state-controlled oil company Petrobras and national development bank (BNDES) announced on Monday the three winners of the pair’s call for contracting 5 million carbon credits.
Read MoreBrazilian state to launch $80 mln carbon tender, governor says
The Brazilian state of Mato Grosso do Sul will launch a tender worth $80 million for the commercialisation of carbon credits in the coming days, Governor Eduardo Riedel said, tying the initiative to productivity gains, planted forests, and payments for environmental services.
Read MoreLCAW26: Nature-based carbon projects face catch 22, report says
Project developers working on nature-based carbon are trapped within a structural catch 22 whereby an offtake is necessary to receive investment, but funding is required to secure an offtake, according to a report launched at London Climate Action Week (LCAW) on Monday.
Read MoreLATAM Roundup: Paying out carbon finance, paying up carbon fees
Two large private funding vessels announced carbon finance disbursements last week, while public-sector commitments have companies contemplating looming compliance carbon prices.
Read MoreGambia explores payments for ecosystem services in national plan
The Gambia’s national biodiversity plan has explored payments for ecosystem services (PES) and carbon credits as innovative tools for raising financing for conservation.
Read MoreNbS carbon removal offtake security costs could raise credit prices, report warns
Security requirements in long-term nature-based (NbS) carbon removal offtake agreements could increase developers’ financing needs and push up credit prices, particularly for early-stage projects in the Global South, a new report has warned.
Read MoreCOMMENT: If a Month of Football Is Worth a Tax Break, the Climate Is Worth More
If governments are willing to suspend tax rules to host a football tournament, they should consider doing the same for verified carbon and recycling credits to unlock the private capital needed for climate action.
Read MoreIndia proposes risk buffer for nature-based projects under offset scheme, seeks input
India has launched a consultation on draft rules that would allow nature-based carbon projects into its emerging carbon market, proposing a risk-buffer system for forest, wetland, mangrove, and soil carbon activities.
Read MoreAmerican forest carbon developer acquires land management firm
An Arkansas-based forestry company is joining a carbon project developer, according to a deal announced Friday.
Read MoreBrazil regulates payments for ecosystem services
Brazil has issued long-awaited regulations governing the country’s national policy on payments for ecosystem services (PES), establishing rules for both public and private initiatives.
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