Government inaction prompts voluntary REDD+ carbon credit boom in Brazil
by Fernanda Wenzel on 6 April 2021
With the Bolsonaro government largely indifferent to participating in a carbon credit market, and amid intensifying pressure from clients and investors, a voluntary carbon credit market is booming in Brazil. The country, however, still doesn’t have any regulation about how and by whom credits can be issued.
REDD+ projects that issue carbon credits for reforesting or avoiding deforestation have caught the attention of financial market players. Amid the new carbon credit trading firms, such as financial technology company Moss, and other initiatives, Brazilian projects offer both examples of success and failure in forest preservation.
MOSS, the World’s Largest Environmental Platform, Announces Sale of Carbon Credits on ProBit Exchange
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MOSS, the world s largest environmental platform, has taken an important step towards making carbon credits accessible to millions of people. Today, it begins offering its carbon token, MCO2, through token sales platform ProBit, an Exchange that ranks among the top three in the world in web traffic.
Moonrise over the Amazon SAO PAULO, Brazil (PRWEB) April 01, 2021
MOSS, the world s largest environmental platform, has taken an important step towards making carbon credits accessible to millions of people. Today, it begins offering its carbon token, MCO2, through token sales platform ProBit, an Exchange that ranks among the top three in the world in web traffic. The pre-sale to ProBit subscribers launching now offers benefits, such as a 10% bonus on the purchase of MCO2, which until April 7 when the
Correction - FIAâs Annual Boca International Derivatives Industry Conference - Lukken Opening Remarks: âThe Boca That Isâ Date
Welcome to FIA’s annual
Boca International Derivatives Industry Conference. I hope our video intro brought back some fond memories of being in the warmth of south Florida in the company of friends and colleagues. While we are still not able to meet in-person, I am confident that next March I will be at the newly renovated Boca Raton Resort with many of you, with a broad smile on my face. I literally cannot wait! If you want a sneak peek at the new Boca renovations, check out the Boca video in our on-demand section.
IHS Markit to Launch Global Carbon Credit Meta-Registry
Meta-Registry Advisory Board to provide governance and best practice advice
IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced its intention to launch the first global meta-registry aimed at providing transparency and efficient tracking, accounting and trade lifecycle management of carbon credits.
As part of this launch, the Carbon Meta-Registry Advisory Board has been formed with leading experts from the public and private sectors and NGOs. The Advisory Board is tasked to ensure the IHS Markit Meta-Registry delivers on its objectives and meets the wider industry needs. The Advisory Board at launch includes representatives from:
Is the ‘Legacy’ Carbon Credit Market a Climate Plus or Just Hype?
As major corporations look to buy carbon credits to offset emissions, critics are questioning the value of “legacy” credits from green projects that are a decade or more old. What’s needed, experts say, is to reform the credit system so it delivers actual carbon reductions.
On October 20 last year, French oil giant Total docked a tanker loaded with Australian liquefied natural gas at the port of Dapeng in southern China. The company boasted that the LNG was “carbon neutral” because the emissions from burning it had been neutralized by carbon credits purchased from a 10-year-old wind farm in northern China. Environmentalists cried foul. “Handing out money to a decade-old project that will run anyway does nothing to neutralize pollution from continued use of fossil fuels,” tweeted Sam Van den plas, policy director of Carbon Market Watch, a Brussels-based nonprofit.