Brazilian developer revamps biodiversity credit methodology, seeks certification under Cercarbono
A Brazilian developer is reviewing its biodiversity credit methodology for endangered species as part of the certification process under environmental standard Cercarbono, with plans to issue credits later this year, the company told Carbon Pulse.
Read MoreACX Brasil handles $16 mln, nearly 4 mln carbon credits in first six months -media
The Brazilian subsidiary of international carbon exchange ACX, created through a partnership struck last year with Brazil’s B3 stock exchange, handled around R$100 million ($16 mln) in transactions involving nearly 4 mln tonnes of CO2 in its first six months of operation, according to local media.
Read MoreLATAM Roundup: Southern neighbours press on with green transition amid US inauguration, RenovaBio market tightens
With the US presidential inauguration just one week away, heralding the return of former President Donald Trump, Latin American strides forward on carbon markets and energy transition contrast with the predicted pall over US climate policy.
Read MoreNew carbon insetting programme aims to tackle agri-supply chain emissions
A London-based regenerative agriculture initiative has launched a global carbon insetting programme designed to address emissions in agricultural commodity supply chains.
Read More300k carbon credits expected from new reforestation project in the Amazon
A Rio de Janeiro-headquartered carbon offset developer has teamed up with a Brazilian agricultural firm to restore 600 hectares of degraded land owned by the company in the Amazon rainforest, with plans to generate 300,000 carbon credits over the next few decades.
Read MoreSouth Korea, Honduras sign REDD+ partnership
South Korea and Honduras have signed a deal to strengthen their collaboration on REDD+ projects, as Seoul seeks to extensively source forest-based carbon credits to meet its 2030 national climate targets.
Read MoreTailored climate finance policies seen key to emissions cuts, but barriers persist
Climate-related financial policies (CRFPs) have shown significant progress in reducing carbon emissions and boosting renewable energy production, particularly in advanced economies, though barriers remain in developing nations.
Read MoreSuriname ITMO auction delayed by post-COP29 review
The first auction of Suriname forestry conservation credits under Article 6 of the Paris Agreement has been delayed until a post-COP29 review has been completed, the Coalition for Rainforest Nations (CfRN) told Carbon Pulse.
Read MoreUAE pledges $40 mln for Brazilian conservation
The United Arab Emirates (UAE) has committed to granting $40 million for conservation projects in Brazil via a philanthropic entity backed by the Gulf state, local media reported on Wednesday.
Read MoreBrazilian development bank, beverage giant approve $1.6 mln to restore biomes in Ceara
Brazil’s National Bank for Economic and Social Development (BNDES) has approved R$5 million ($800,000), matched by a multinational beverages company, for the restoration of territory in Ceara State as part of a nationwide initiative for ecological restoration and CO2 removal.
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