Brazilian state, national development bank launch $9.5 mln notice for Atlantic Forest restoration
A Brazilian state and the country’s national development bank announced Wednesday the launch of a public notice of up to R$60 million ($9.5 mln) to support about 30 local ecological restoration projects in the Atlantic Forest biome.
Read MoreVerra releases provisional allocated deforestation risk maps for revamped REDD methodologies
The international carbon standard released Wednesday provisional versions of allocated deforestation risks maps for three Brazilian states within recently revamped REDD methodologies under its Verified Carbon Standard (VCS).
Read MoreWhite House releases policy guidance to reduce deforestation-linked imports
The Biden administration released guidance Tuesday to encourage policies that reduce imports of commodities and products driving illegal deforestation.
Read MorePeru court demands land titling, nullified concessions in one of most-credited REDD carbon projects
A judge in the San Martin region of Peru has ruled against several government agencies and an NGO developer that manages one of the world’s biggest historical issuers of REDD credits, in favour of Indigenous peoples, ordering the state to apply land titles to ancestral lands, nullify some forest concessions, and conduct community consultations with benefit-sharing.
Read MoreCORSIA futures jump in wake of carbon credit auction
Futures for Phase 1 of CORSIA, the UN’s international aviation offsetting scheme, have jumped higher in the wake of reported results from a credit auction coming to light this week.
Read MoreFrench asset manager seeks investors for €500-mln nature fund
A large private investment house is seeking investors for its €500 million nature-based solutions fund, which will finance carbon project development, and is on the cusp of finalising €50 mln from the European Investment Bank (EIB).
Read MoreECOSYSTEM MARKETPLACE: Paris-aligned permanence does not require eternity
This blog argues that while permanent removals are essential, Paris-aligned mitigation requires massive carbon removals now, which only nature can deliver.
Read MoreZimbabwe launches carbon market framework aligned with Article 6
Zimbabwe has launched a national carbon market framework that aligns national policy with Article 6 of the Paris Agreement, multiple local media sources reported on Wednesday.
Read MoreRatings agency integrates safeguards scoring in voluntary carbon project risk assessments
A voluntary carbon market (VCM) ratings agency has introduced environment and social safeguards as part of a project’s risk assessment criteria, it announced Tuesday.
Read MoreSome EU countries push for separate carbon removals target for 2040
EU member states are considering the possibility of setting a specific target for carbon removals in the EU’s new emissions reduction target for 2040, which is due to be negotiated over the course of next year.
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