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'Carta da Terra' talks about Brazil's potential in the carbon market

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The Earth Charter, published this week by Earth News, talks about the great potential that Brazil has to take advantage of the carbon market. The publication reminds us that, to sell credits, it is necessary to prove extra carbon capture, or avoid its emission. Furthermore, it highlights that Brazil, unlike many other countries, does not depend on polluting sources to generate electricity. The country relies on hydroelectric plants, ethanol from sugar cane and, increasingly, solar and wind energy.

A Paper highlights that Brazil currently accounts for 12% of carbon credits emitted around the world and that a study by WayCarbon consultancy estimates that, by 2030, the country could attract US$120 billion in revenue from carbon credits. This market could generate 8,5 million jobs by 2050, the consultancy calculates.

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The publication also publishes a conversation with lawyer Tatiana Cymbalista, which will air in three parts: on Sunday, Tuesday and Thursday, on the channel Earth News Earth on YouTube and podcast apps. Don't miss it!

🌳 Other highlights of the week:

  • More pastures in the Amazon: The Amazon is today the biome with the largest pasture area in Brazil, with 36% of the territory, according to MapBiomas.
  • The climate account (1): Natural disasters have caused around US$115 billion in claims for insurers in 2022 so far, reinsurer Swiss Re calculates.
  • The climate account (2): The world needs to more than double the allocation of resources to protect and restore natural and modified ecosystems to achieve key climate, biodiversity and land degradation goals.

Don't forget to read the Earth Charter Full!

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Deforestation in the Amazon is non-negotiable; see other highlights Curto Verde

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See highlights from Curto Green: international and Brazilian NGOs, which accuse the French supermarket chain Casino of participating in deforestation in the Amazon, have refused an agreement and hope that the case will be decided in court; Brazilian slaughterhouses that will be impacted by the new European law that aims to ban imports that contribute to deforestation; Tesla delivers its first electric truck; and Renault and Airbus team up to develop batteries for next-generation cars and planes.

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