Latin America & the Caribbean

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.

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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.

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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.

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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.

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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).

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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.

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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.

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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.

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