Brazil opens consultation to regulate payments for REDD+, other services
The Brazilian Ministry of Environment and Climate Change (MMA) has opened a public consultation to regulate a 2021 law concerning payment for environmental services (PSA).
Read MoreCTrees unveils high-resolution Amazon canopy map to aid forest conservation
Climate data non-profit CTrees has published what it says is the most detailed canopy height map of the Amazon rainforest to date, providing researchers and conservationists with a powerful new tool to monitor deforestation and assess the forest’s carbon storage potential.
Read MoreINTERVIEW: Brazilian state needs to rush CCS regulation to host ArcelorMittal, Petrobras hub
A southeastern Brazilian state needs to accelerate the development of local regulations for carbon capture and storage (CCS) to pave the way for a pilot hub led by ArcelorMittal and Petrobras, an executive from the state’s industry federation told Carbon Pulse.
Read MoreINTERVIEW: Venezuelan ag producers in crisis turn to carbon market solutions
Venezuela’s economic crisis has tanked agricultural production and left farmers reeling, making the voluntary carbon market (VCM) an increasingly attractive way to bring in badly needed hard currency and financing, according to the president of a national association.
Read MoreSeven countries picked for $1 bln industry decarbonisation programme
A $1 billion concessional finance initiative to decarbonise industry in emerging economies has chosen its first country participants, it announced in a release Friday.
Read MoreNetherlands pitches negative emissions auctioning scheme to support CDR
The Netherlands has expressed preference for carbon removals (CDR) incentives that are clearly separate from the EU’s Emissions Trading Scheme (ETS), saying the bloc’s carbon market needs to remain focused on delivering emission reductions to avoid mitigation deterrence.
Read MoreEU analysis sees strategic role for direct air capture in climate goals, but warns against over-reliance
Direct Air Capture (DAC) technologies could play a pivotal role in the EU’s push to meet its 2040 climate targets, but high costs, energy demands, and regulatory gaps pose serious hurdles to large-scale deployment, according to a new report commissioned by the European Parliament.
Read MoreUS non-profit commissions Dutch firm to lead marine CDR impact framework
A US-based environmental non-profit has commissioned a Dutch data specialist to lead the development of a standardised framework for marine carbon removal (mCDR).
Read MorePakistan greenlights “transaction-ready” carbon project for international trading
The government of Pakistan has granted approval to the country’s third carbon offset project for trading credits under Article 6.2 of the Paris Agreement.
Read MoreCOMMENT: Beyond Carbon – A Certification Co-designed with Indigenous Peoples and Local Communities
The draft “Beyond Carbon Benefits” certification under the Architecture for REDD+ Transactions marks a major shift in carbon markets by integrating social, cultural, biodiversity, and forest service co-benefits – co-designed with Indigenous Peoples and Local Communities (IPLC) – to ensure REDD+ initiatives are more equitable, inclusive, and effective beyond carbon accounting alone. Representatives from IPLC organisations explain why they chose to co-lead the design of a new certification, and how they think it represents a shift, both in terms of how forests are valued, and also how market instruments are designed.
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