US consulting group makes big splash in CDR market with 50k purchase
A US-based consulting group has bought more than 50,000 carbon removal (CDR) credits for delivery over the next two years, it announced Thursday.
Read MoreBrazilian federal police seize $165 mln in assets in crackdown on carbon credit crime -media
Brazil’s Federal Police (PF) on Monday executed arrest warrants and searches in several states, confiscating almost R$1 billion ($165 mln) in assets linked to the illegal sale of carbon credits from federal lands in the Amazon, according to local media sources.
Read MoreRubber tappers issue call for REDD+ carbon proposals in Brazilian state
Two associations of rubber tappers in Rondonia, Brazil have issued a public call for proposals for REDD+ carbon projects within the largest sustainable use protected area in the state.
Read MoreRegenerative agriculture fund reveals long-term target after raising $350 mln
A Latin America-focused regenerative agriculture fund, which will set aside up to a quarter of land for nature, has targeted raising up to $1.5 billion over 10 years after its initial fundraise of $350 million, Carbon Pulse has learned.
Read MoreTen banks fuelling deforestation in Paraguay’s Gran Chaco, NGO finds
Ten financial institutions have invested more than $1.7 billion between 2021 and 2023 in two meatpacking companies allegedly associated with deforestation in Paraguay’s Gran Chaco, according to an NGO investigation.
Read MoreColombian standard puts first biodiversity credit project out for consultation
A Colombian environmental standard has opened a public consultation on the first conservation project registered under its biodiversity credit programme, planning to certify it next year.
Read MoreLATAM Roundup: Distress and opportunities as CORSIA, CO2 taxes, CBAM take root
In a week that saw UN civil aviation body ICAO publish its technical report on the flagship CORSIA offsetting scheme, which is being incorporated into national regulations around the world, this and other compliance carbon pricing initiatives posed diverse challenges and opportunities around the LATAM region – from Trinidad and Tobago to Guyana, and Mexico to Brazil.
Read MoreKEY TAKEAWAYS: ICAO TAB assessments, recommendations, and public comments for CORSIA 2024 application cycle
UN civil aviation body ICAO late on Friday published reports outlining its Technical Advisory Body’s (TAB) assessments, recommendations, and public comments made during the 2024 cycle for applications by carbon credit standards seeking eligibility under the airline offsetting programme.
Read MoreBrazilian development bank calls for forest restoration proposals in Amazon, Atlantic Forest
Brazil’s National Bank for Economic and Social Development (BNDES) this week solicited proposals under initiatives collectively worth R$109 million ($18 mln) that would support forest restoration in the Amazon and Atlantic Forest.
Read MoreSAF production from microbial oil offers higher land-use efficiency, limited by high production costs -study
Oil derived from sugarcane is a promising alternative feedstock in the production of sustainable aviation fuel (SAF) given its land-use efficiency, but the process faces high production costs, researchers published in a recent study.
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