Tropical forest conservation projects are not suitable for carbon offsetting and a different approach should be used to effectively protect vital ecosystems like the Amazon, new research has found.
Tropical forest carbon credit schemes are ineffective, report finds Read more »
Banco do Brasil (BB) is accepting carbon credits as a form of payment for rural properties. The payment method is unprecedented in Brazil, and, according to the bank, was adopted with the aim of supporting the country's sustainable development. These credits can be used to pay in full or in part for the property.
BB will accept carbon credits in rural property auctions Read more »
Petrobras reported that it marked its entry into the voluntary carbon credits market by purchasing credits equivalent to 175 thousand tons of avoided greenhouse gases (GHG). The operation corresponds to the preservation of an area of 570 hectares of the Amazon Forest, the size of around 800 football fields like Maracanã.
Petrobras makes first purchase of carbon credits Read more »
Carbon credit speculators could lose millions of dollars as scientific evidence shows that many of the offsets they purchased have no environmental value and have become sunk assets. 💸
Carbon credit producers from the Brazilian Amazon will be able to sell their emission rights in a virtual environment – marketplace – of their own digital assets. The technology, which involves the tokenization of these credits, was developed by the North American startup Betablocks, specialized in blockchain infrastructure.
Technology will make 'tokenized' carbon credits from the Amazon available Read more »
In Carta da Terra, published this week by Earth News, Lourival Sant'Anna talks about the conversation she had with forestry engineer Janaína Dallan, CEO of Carbonext: a company that manages more than 1,6 million hectares of credit sales projects carbon in the Amazon Forest. The specialist explains how the process to generate carbon credits works, all its stages and criteria. She even talks about how the relationship with indigenous communities in the region works.
'Carta da Terra' talks about carbon credit sales projects Read more »
The potential for generating revenue from carbon credits for Brazil, by 2030, rose from US$100 billion to up to US$120 billion. This is what the update of the study “Opportunities for Brazil in Carbon Markets” shows, research that was developed by the International Chamber of Commerce (ICC Brazil), a business organization, in partnership with WayCarbon, the largest strategic consultancy with an exclusive focus on sustainability and climate change in Latin America.
Brazil can generate revenue of up to US$120 billion in carbon credits by 2030 Read more »
See highlights from Curto Green this Wednesday (28): the 15th edition of the Packaging & Sustainability Forum, which takes place on the 28th and 29th of September, seeks to discuss, among other points, the viability of packaging with a lower environmental impact; the use of green fuels, such as hydrogen, can be key to achieving environmental goals in maritime transport – responsible for 3% of annual carbon dioxide emissions; Brazilian initiative aims to use carbon credits to preserve the biodiversity of the Atlantic Forest; and new report points to record melting of Swiss glaciers.
The fuel sector's carbon credit program has been constantly challenged, both due to the spike in prices in recent months and its effectiveness in achieving environmental objectives. Do you understand this problem? O Curto help you.
Carbon credits: what they are, how they work, current impasses and more Read more »
The Senate's Environment Committee (CMA) approved this Wednesday (4) the bill that creates the carbon market in Brazil. Agreement signed with the Agricultural Parliamentary Front (FPA) to exclude the sector from carbon market rules allowed the proposal to be approved unanimously in the CMA. The text that creates the Brazilian Emissions Trading System (SBCE) now goes to the Chamber of Deputies for analysis.
Senate excludes agriculture and approves project that regulates carbon market in Brazil Read more »
