Paraguay unveils regulation of carbon market law
Paraguayan ministries unveiled Tuesday a decree regulating a national carbon market law they expect to spur investment in the country.
Read MoreUS renewable fuels industry supports reciprocal tariffs to combat over 90% drop in ethanol exports to Brazil
A renewable fuels industry group voiced support last week for President Donald Trump’s reciprocal tariffs on Brazilian ethanol as US exports to the South American country have plunged over 90% since 2018 faced with a high barrier to entry.
Read MoreBrazilian state advances agroforestry carbon credit programme
The first trees have been planted as part of a Brazilian state-run agroforestry carbon credit programme geared towards family farmers, it announced Friday.
Read MoreCOMMENT – Carbon Market in Brazil: International Standards are the Safest Option until the Creation of the SBCE Managing Body
Brazil’s carbon market is advancing with the enactment of Law 15.042/2024, which establishes the Brazilian Greenhouse Gas Emissions Trading System (SBCE) and sets the groundwork for regulation, though full implementation could take years. Until the SBCE Managing Body is created and operational, international standards remain the safest option for ensuring transparency, credibility, and investor confidence in the voluntary carbon market.
Read MoreLATAM Roundup: REDD+ issuers push for inclusion in compliance schemes
Regional governments, firms, and non-profits involved in REDD+ forest projects all advocated a role for these credits within compliance carbon pricing or payments for ecosystem services (PES) in the week ending Feb. 16.
Read MoreBrazilian NbS group urges govt to engage private sector, follow recommendations for new ETS
An industry group of 20 carbon project developers and non-profits involved in nature-based solutions (NbS) have called upon the Brazilian government to include private sector voices and several other considerations when converting the country’s new ETS law into regulation.
Read MoreCAR poaches next president from Verra senior leadership
Voluntary carbon market (VCM) standard Climate Action Reserve (CAR) announced Friday the selection of its next president – a market veteran currently serving as senior leadership at competitor Verra.
Read MoreAustralian startups partner to advance AI, eDNA-powered biodiversity monitoring
Two Australian environmental startups have teamed up to scale artificial intelligence (AI) and environmental DNA-powered biodiversity monitoring, aiming to support nature markets and reporting frameworks, they said in a joint release on Friday.
Read MorePreserving Brazilian forests for REDD+, other uses yields economic benefit of $2.6 bln over pastureland -study
Dedicating at-risk Brazilian forest areas to carbon projects, sustainable timber, social use, and conservation produces net socioeconomic benefits of around R$15 billion ($2.6 bln) over 30 years when compared with land conversion to pasture, according to a non-profit study published Wednesday.
Read MoreHonduras’ claim to REDD+ reductions “in overall accordance” with UN guidelines, says review
Honduras has received feedback from a UN technical team on its reporting under the UNFCCC REDD+ payment for ecosystem services mechanism, in which it claimed nearly 12 million tonnes CO2 in reductions – thereby entering the final verification stages for REDD+ results that could become Article 6 credits.
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