Brazil swapping Bolsonaro’s bottom-up climate decree for new carbon market approach -report
The first shift in Brazilian carbon market regulation under President Luiz Inacio Lula da Silva has begun after local media reported of an impending scrap of last May’s presidential decree from right-wing predecessor Jair Bolsonaro, while a Senate committee has scheduled a hearing on a related bill this week that could draw executive branch backing.
Read MoreGlobal energy company signs MoU with Vietnam on agri-feedstock, carbon credits
A global energy company on Tuesday signed an MoU on with the Vietnam Ministry of Agriculture and Rural Development (MARD), aiming to cooperate on agri-feedstock and nature-based carbon credits.
Read MoreResearchers warn buyers to stay away from new Alaska carbon offset programme
Voluntary carbon credit buyers should shun forest-based offsets generated through Alaska’s forthcoming state-run programme due to additionally concerns, a research group has warned.
Read MoreJPMorgan Chase unveils $200 mln in carbon removal deals
JPMorgan Chase has signalled one of the world’s biggest corporate commitments to purchasing durable carbon removals, agreeing to spend some $200 million via several long-term deals to buy a total 800,000 tonnes from startups, the US-headquartered bank announced Tuesday.
Read MoreUPDATE – Soil carbon project developers expand operations in Europe
Two companies specialising in developing soil carbon sequestration projects are expanding their operations in Europe.
Read MoreStandards body rejects complaint from Guyanese Indigenous peoples over forest carbon project
The Architecture for REDD+ Transactions (ART) Secretariat has rejected a complaint from a group representing Guyana’s Indigenous peoples that the country’s government did not receive consent from local communities to facilitate the distribution of tens of millions of avoided deforestation carbon offsets.
Read MoreZimbabwe backs down from carbon deals bonfire threat -reports
Zimbabwe appears to have backed down from its threat to render “null and void” all existing carbon offset deals in the country.
Read MoreKraneShares’ carbon offset ETF sees net assets crash 90% in 13 months
Asset manager KraneShares on Friday saw the total net assets of its voluntary carbon offset exchange-traded fund dip to 90% below the starting value in just over the past year, as integrity concerns and a rough macroeconomic picture have rocked standardised credit prices.
Read MoreCEO of voluntary carbon certifier Verra to step down
Verra’s founding CEO is stepping down, the voluntary carbon market standard announced Monday.
Read MoreNigerian oil and gas regulator to develop carbon market framework -media
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to develop a regulatory framework for carbon pricing, according to local media sources, which would see firms active in the oil and gas sector pay for emissions as well as drive reductions via carbon credits.
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