Czech project developer to generate up to 50,000 voluntary carbon credits from Chilean land
A Czech project developer has signed contracts with Chilean farmers to develop tens of thousands of carbon credits from 5,000 hectares of land in 2025 via regenerative agriculture practices.
Read MoreCash flow squeeze clips major voluntary carbon project developer for second time
A major voluntary carbon project developer and trader was forced to temporarily defer wages amid another cash flow squeeze, it told Carbon Pulse Tuesday, highlighting the current dire market situation.
Read MoreEcuador’s debt-for-nature swap still missing key policies, one year on, says NGO
One year after Ecuador’s debt-for-nature swap — the world’s largest to date — there is still no evidence that the country has operating procedures in place to allocate funds or guide investment, according to a report released by a Latin American debt justice NGO this month.
Read MoreBrazilian startup issues $40-mln worth of carbon tokens, claims 1.6 MtCO2e emissions reduction
A Brazilian fintech startup has announced the issuance of 1.6 million carbon tokens, each representing one tonne of CO2 and encompassing water, soil, and biodiversity co-benefits.
Read MorePara public defender targets R$20 mln fine for alleged Brazil REDD+ infractions -media
The public defender of forest-rich Brazilian state Para is targeting fines totalling R$20 million ($3.9 mln) for alleged illegal land-grabbing practices related to multiple REDD+ projects, according to local media reports.
Read MoreChilean province moves to establish local offsetting exchange -media
The Los Lagos region of Chile aims to implement Chile’s first offsetting exchange to facilitate the purchase of carbon credits and decarbonise local industries, per a local paper from the city of Osorno.
Read MoreMicrosoft finalises agreement for 3 mln removals credits from Brazilian reforestation
The US-based tech giant and a Rio de Janeiro-headquartered carbon offset developer announced Thursday an offtake agreement for 3 million tonnes worth of CO2 removal (CDR) credits from reforestation efforts focusing on Brazil’s Atlantic biome.
Read MoreINTERVIEW: Chemical firm explores creating Brazilian nature offsets
The agricultural research arm of a Germany-headquartered chemical company is considering a pilot scheme at small-scale soybean farms in Brazil to create credits corporates can use to offset their nature impact.
Read MoreExpanded ETS proposal, extensive oil production cloud Brazilian climate policy -report
The enhanced eligibility of REDD+ credits in partially-approved ETS legislation in Brazil, alongside increased investment in oil production, could contradict the country’s climate policy ambitions, according to a report published Wednesday.
Read MorePREVIEW: Carbon credits to assume central role at Paris clean cooking summit
A clean cooking summit due to be held in Paris next week, organised by the International Energy Agency (IEA), will place a significant focus on voluntary carbon markets as governments and private sector stakeholders seek to address current gaps in climate finance flows to Africa.
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