Brazilian federal prosecutors publish guidelines for protecting traditional communities carbon credit projects
Brazil’s Federal Public Prosecutors Office (MPF) has published a series of recommendations for its members to follow in order to protect the rights of Indigenous peoples and traditional communities during the development and planning of carbon credit projects.
Read MoreINTERVIEW: Kenya could access $8 bln from Paris and CORSIA carbon markets
Kenya could access $5-8 billion in carbon credit revenues under Article 6 and the UN’s CORSIA aviation offsetting scheme – but only if the government makes strategic public policy choices, according to the head of Kenya’s carbon industry grouping.
Read MoreLiberia “open for business”, to pass climate change law by year-end, says official
Liberia plans to pass its climate change law by the end of this year, which will have provisions for the country’s carbon market, an official told a conference Friday.
Read MoreUN-backed initiative invests $15 mln to combat deforestation in Congo Basin
Two UN bodies and an Africa-focused trust fund announced Thursday the launch of a $15 million investment initiative aimed at tackling deforestation in the Congo Basin.
Read MoreVerra seeks projects to trial open-source platform, as digital push continues
Verra is looking for more carbon projects to pilot the open-source digital platform it recently launched at a mangrove project in Senegal, as part of the standard body’s effort to shift from analog to digital, according to a company executive.
Read MoreAI, cloud boom increases Microsoft emissions 23% since 2020 despite decarbonisation drive
Tech behemoth Microsoft on Thursday reported that its total greenhouse gas emissions have risen by more than 23% from 2020 levels, driven by the rapid expansion of its AI and cloud infrastructure, even as the company significantly increased investments in carbon removals and clean energy.
Read MoreCalifornia class action suit targets RJ Reynolds for using dubious offsets to market Vuse vapes as carbon neutral
RJ Reynolds Vapor Company and its parent British American Tobacco (BAT) are facing a proposed class action lawsuit in California alleging they misled consumers by falsely claiming that their Vuse vape products are carbon neutral by using offsets tied to questionable forestry projects.
Read MoreBrazilian bank offers $1.4 bln in loans for environmental recovery, low-carbon agriculture
A regional Brazilian development bank announced this week it will offer R$7.8 billion ($1.4 bln) in sustainable credit to projects in areas including environmental recovery, low-carbon agriculture, and green hydrogen, among others.
Read MoreBrazilian ag commodities trader, producer team up on soil carbon project
A Sao Paulo-based carbon trading firm and an agricultural producer in Brazil’s Cerrado region are collaborating on a large-scale soil carbon project.
Read MoreAfrican Development Bank to launch carbon market support facility next year -official
The African Development Bank (AfDB) will launch a carbon market support facility next year, an official told Carbon Pulse, in an effort to unlock billions of dollars of climate finance for the African continent.
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