Brazil names managing partners to oversee Amazon forest restoration programme

Published 17:19 on May 26, 2024  /  Last updated at 13:23 on May 27, 2024  /  Americas, Nature-based, South & Central, Voluntary

Brazil’s National Bank for Economic and Social Development (BNDES) and the Ministry of Environment and Climate Change (MMA) last week revealed the entities chosen to spearhead its BRL 450-million ($87.5-mln) Amazon forest restoration programme.

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Overcoming the overcast: Climate data firm details how persistent cloud cover hampers tropical forest carbon mapping

Published 15:12 on May 26, 2024  /  Last updated at 15:12 on May 26, 2024  /  Africa, Americas, Asia Pacific, EMEA, Nature-based, Other APAC, South & Central, Voluntary

Persistent cloud cover poses a substantial challenge for remote sensing technologies that require clear skies to accurately map land covers and measure forest biomass, according to a climate data analytics firm.

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Managing Director, BlueMX – Campeche/Nayarit/Mexico City

Published 14:49 on May 26, 2024  /  Last updated at 14:49 on May 26, 2024  /  Job Postings

The Managing Director (MD) leads all of the executive, operational, financial, legal, governance and human resource functions of BlueMX and will be accountable for implementing the project’s on-ground activities on time and on budget.

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Stripe launches fellowship programme to support ideas to boost carbon removal demand

Published 05:54 on May 25, 2024  /  Last updated at 14:05 on May 25, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Online payments firm Stripe is launching a fellowship programme aimed at accelerating global demand for carbon removals.

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Partial repeal of US IRA tax credits coupled with carbon fee could generate over $2 trillion -report

Published 01:45 on May 25, 2024  /  Last updated at 13:22 on May 27, 2024  / Allison Gacad /  Americas, Carbon Taxes, CBAM, US

A partial repeal of climate-related tax credits in the Inflation Reduction Act (IRA), alongside a carbon fee, brings the US closer to achieving its Paris Agreement targets than an expansion of IRA measures alone, and could additionally generate over $2 trillion, according to a working paper modelling climate policy reform to follow the November US elections.

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UK, European saltmarshes store less carbon than previously thought, researchers find

Published 01:33 on May 25, 2024  /  Last updated at 01:33 on May 25, 2024  /  EMEA, Nature-based, Voluntary

The carbon sequestration capabilities of saltmarshes in the UK and northwest Europe may have been significantly overestimated compared to global averages, according to new research.

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Canadian tech firm to unveil voluntary carbon protocol targeting large-scale battery storage

Published 01:15 on May 25, 2024  /  Last updated at 01:15 on May 25, 2024  /  Americas, Canada, Voluntary

A Canadian tech firm has launched an initiative to develop a voluntary carbon credit protocol specifically for grid-scale battery storage.

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BC, Kwiakah First Nation establish new forest conservation zone supported by carbon credit sales

Published 00:38 on May 25, 2024  /  Last updated at 00:38 on May 25, 2024  /  Americas, Canada, Nature-based, Voluntary

The province of British Columbia and the Kwiakah First Nation on Friday announced the creation of the Macinuxw Special Forest Management Area, a new conservation and regenerative forestry zone within the southern Great Bear Rainforest.

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Traders build net length across North American carbon markets, save for Washington

Published 23:50 on May 24, 2024  /  Last updated at 23:50 on May 24, 2024  / Allison Gacad /  Americas, US

Both emitters and speculators added to their net holdings of California Carbon Allowances (CCAs) and RGGI Allowances (RGAs), while the latter group continued to shorten their net position in Washington Carbon Allowances (WCAs), according to weekly data from the US Commodity Futures Trading Commission (CFTC).

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Canadian Indigenous project developer to build Calgary 10 Mt/yr CCS hub with Japanese multinational

Published 23:42 on May 24, 2024  /  Last updated at 13:23 on May 27, 2024  / Joan Pinto /  Americas, Asia Pacific, Canada, Japan, Voluntary

A private Calgary-based developer and a global integrated trading company agreed on Friday to develop a carbon capture and storage hub in Alberta with the potential to store up to 10 million tonnes of CO2 per year.

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