COP16: Global standard for biodiversity uplifts certifies first three projects
A global standard for biodiversity uplift has registered a first three restoration projects under its methodology.
Read MoreBrazil’s cap-and-trade proposal could be voted next month, Senator says
Brazilian Senator Otto Alencar (PSD-BA) said Wednesday that he and a group of lawmakers will soon present a revised proposal for a national cap-and-trade system, aiming for a vote next month.
Read MoreCanadian voluntary carbon firm purchases 1.2 mln Brazilian REDD+ credits
A Vancouver-based carbon credit financier announced Thursday its purchase of 1.2 million credits from a Brazilian REDD+ project, designed to conserve nearly 200,000 hectares of Amazon rainforest.
Read MoreRevised Cercarbono REDD methodology to incorporate jurisdictional, nesting needs
Colombia-based international carbon standard Cercarbono is building compatibility with ‘nesting’ and jurisdictional REDD+ (J-REDD) into its forthcoming updated REDD+ methodology.
Read MoreG20 task force elicits commitment by major economies to mobilise against climate change
A Brazilian G20 presidency task force concluded its eight-month engagement Thursday with a political statement by members to take advanced actions in economic and financial systems to address climate change.
Read MoreCOP16: LATAM development bank invests in conservation via blockchain, biodiversity credits
CAF, the Development Bank of Latin America and the Caribbean, will collaborate on a blockchain-based conservation instrument and support marine biodiversity credits in the region, it announced at COP16 on Thursday.
Read MoreCOP16: Brazil’s mangrove carbon stock would be worth $8.7 bln as tradeable credits -study
If the entirety of Brazil’s blue carbon stock from mangroves were converted into tradeable tonnes of carbon, its value would total billions, as per an NGO study launched Thursday at COP16 in Cali, Colombia.
Read MoreClean Cooking Alliance lays off staff, loses donor funding amid challenging conditions
The Clean Cooking Alliance (CCA), which leads global efforts to promote clean cooking technologies, has laid off a number of its staff and lost donor funding as a result of broader financial difficulties in the voluntary carbon market, Carbon Pulse has learned.
Read MoreCOP16: Colombian standard partners with local developer to scale biodiversity markets
A Colombia-based environmental standard has signed a Memorandum of Understanding (MoU) with a local project developer to explore biodiversity credit opportunities worldwide and test its methodology within different sites and ecosystems.
Read MoreCOP16: Trio releases high-level principles for biodiversity credit market
Three international organisations on Wednesday released a set of 21 high-level principles (HLPs) for biodiversity credits in a move designed to encourage the multitude of global market initiatives to align with a set of collective fundamentals.
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