Petrobras, BNDES Launch Amazon Reforestation, Carbon Credit Program Targeting 15 Million Tonnes of CO₂

Petrobras, BNDES Launch Amazon Reforestation, Carbon Credit Program Targeting 15 Million Tonnes of CO₂

Petrobras and BNDES will restore up to 50,000 hectares in the Amazon, capturing 15 million tons of carbon. The initiative, ProFloresta+, will invest over R$450 million and generate 4,500 jobs. It establishes Brazil’s first large-scale carbon restoration transaction with transparent pricing and public contracts. Petrobras and the Brazilian Development Bank (BNDES) have signed a Memorandum […]

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France Launches Corporate Charter for Paris-Aligned, High-Integrity Carbon Credit Use

France Launches Corporate Charter for Paris-Aligned, High-Integrity Carbon Credit Use

France’s new charter sets global standards for transparent and credible carbon credit usage aligned with the Paris Agreement’s Article 6.4. Companies must prioritize actual emissions reductions first, using carbon credits only as a complement to a validated Net Zero strategy. Major global players like Schneider Electric and Capgemini have signed on, signaling strong corporate support […]

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ISO to Launch First International Standard on Net Zero at COP30 in 2025

ISO to Launch First International Standard on Net Zero at COP30 in 2025

ISO’s new standard will provide global guidance for net zero transitions. Thousands of experts from 170+ countries to collaborate. Public consultation to open in 2025 for global input. ISO is developing its first international standard on net zero to provide clarity and robust requirements for the global net zero transition. Expected to launch at COP30 […]

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