Brazil's Government Readies Carbon Market Proposal
By Paulo Trevisani Brazil's government has finalized a bill creating a cap-and-trade carbon market expected to help Latin America's largest economy curb...
Source: marketwatch.com
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Brazil Is Key to Slowing Global Warming. But Its Carbon Market Has Struggled.
A new attempt to create a regulated cap-and-trade system that is seen as key for corporate competitiveness and economic resilience faces political headwinds.
Source: wsj.com
CBB to implement a new AF project at Teno
CBB and Ambipar Environment’s general managers announced the implementation of a project that will enable the cement producer to recover energy from ...
Source: cemnet.com
INVESTIGATION-In Brazil's Amazon, disputed carbon credit project feeds land-grabbing fears
Buyers of the Jari Pará project's credits include international firms Janssen, 3M, CNN and BMW, and Brazilian media company Globo and bank Bradesco, which make such purchases to offset climate-heating emissions from their own businesses while also protecting forests. However, a Brazilian prosecutor, a Pará state attorney and researchers told Context that the Jari Pará REDD+ project contravenes Brazilian law because it has sold carbon credits based on an invalid claim to a 386,000-hectare land parcel, known as Fazenda Saracura, which was registered as public property in 2018...
Source: devdiscourse.com