Consultation open for Australian carbon credit tax treatment
The Australian Government is seeking comments by March 17 on the proposed new taxation scheme for Australian Carbon Credit Units (ACCUs).
Australian regulator files first court action for ‘greenwashing’
The Australian Securities and Investment Commission has announced its first court action for alleged greenwashing conduct, against Mercer Superannuation.
Australian energy minister rules out ban on new coal mines
Australia’s energy minister has ruled out a ban on new coal mines as part of the country’s overhaul of climate policy.
Consultation opens for credit methodology taking aim at algae
The registry Social Carbon is seeking comments on a methodology quantifying net GHG removals through the treatment of harmful algal blooms in freshwater.
Brazil consults partners on establishing green bond framework
Brazil has consulted four states that have all issued sovereign green bonds in hopes to establish an ESG framework of its own after a failed attempt in 2021.
Colombia announces halt on fossil fuel exploration
Colombia’s government has announced that it will not approve any new oil and gas exploration projects as it seeks to shift away from fossil fuels.
Lula issues six decrees reversing anti-Indigenous measures
Effective January 2, Brazil’s President Lula issued six decrees revoking anti-environment-and-Indigenous measures from his predecessor Jair Bolsonaro.
New decree seeks to expand Brazil’s credit market
Outgoing President Jair Bolsanaro issued a provisional decree that aims to stimulate the carbon credit market.
Colombia passes major changes to credits in tax reform
Colombian lawmakers have voted various tax reforms including the provision to halve the carbon credit usage towards the country's carbon tax requirements.
New Zealand issues first ever green bond, raising NZ$3Bn
New Zealand raised the maximum NZ$3bn (US$1.8bn) it had targeted from its inaugural green bond, attracting more than NZ$7.5bn of orders.
Brazil Supreme Court ruling to reactivate the Amazon Fund
The move will see more than BRL 3Bn ($600m) unlocked following a three-year freeze ordered by previous President Jair Bolsonaro.
Lula victory hailed as win for the Amazon rainforest
Luiz Inácio Lula da Silva has won the Brazilian presidential election against Jair Bolsonaro, after campaining in support for zero deforestation in the Amazon.
Uruguay issues first-ever $1.5Bn sustainability-linked bond
The country issued a bond linked to its environment targets with the help of the Inter-American Development Bank (IADB).
Tocantins state in talks with trader over 200m credits sale
A major trading firm has progressed following the call by Brazilian state of Tocantins to trade 200m forestry credits.
PEMEX to invest $12Bn on environmental strategy
The plan set out by the state-owned oil & gas producer focuses on reducing the impact of its fossil production rather than new technologies.
Colombia releases net zero roadmap for buildings
Colombia, through a partnership with the World Resource Institute (WRI) aims to achieve net zero in all new buildings by 2030 and all buildings by 2050.
Colombia releases net zero roadmap for buildings
Colombia, through a partnership with the World Resource Institute (WRI) aims to achieve net zero in all new buildings by 2030 and all buildings by 2050.