The 200-odd countries participating in the United Nations Climate Change Conference in Azerbaijan approved this Monday (11) the UN’s new rules for the carbon credits market.
Browsing: carbon market
University of São Paulo and University of Sharjah signed an academic memorandum of understanding that will entail the exchange of knowledge and research, as well as the exchange of professors, students and researchers in fields of sustainability for the next five years.
Brazil’s oil giant has debuted in the market by acquiring 175,000 tons of avoided greenhouse gas emissions from a project that aims to protect the Amazon rainforest in western state Acre.
Organization Rioterra works with socio-environmental and restoration chain projects in the Amazon and has recovered over 6,000 hectares in the Brazilian state of Rondônia alone.
Brazil’s acting president Geraldo Alckmin said Tuesday (20) that the government will present a proposal to regulate the carbon market in the country.
Brazilian climate-tech startup Coil has created a platform that uses artificial intelligence to compile, compare and validate information on forest areas. The solution allows small farmers to get carbon credits by conservating their own lands.
In an interview with ANBA at COP27, the Environment minister said the alliance between Brazil, Congo and Indonesia, the world’s three largest rainforest nations, will be beneficial and provide knowledge transfer. Leite also discussed the creation of the methane credit market and took stock of the conference in Egypt.
Emission reductions, climate adaptation, carbon market regulation, and process transparency are other themes the CNI will follow at the Climate Conference, to take place in Egypt from November 6 to 18.
The minister of Environment said the country will export USD 10 billion in carbon credits, one fifth of the value expected to be moved around the world.
