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Brazil is gearing up to launch a regulated carbon market as part of its efforts to combat climate change and reaffirm its commitment to environmental leadership. Lawmakers in Brasília are pushing forward a bill that proposes a “cap-and-trade” system, wherein projects aimed at reducing or removing carbon dioxide, such as tree planting, can sell tradeable […]

The Pathways Alliance for Change and Transformation (PACT), a coalition comprising Indigenous, community, and nonprofit organizations, issued a paper in September 2023 urging a temporary halt to forest carbon trading due to concerns about the rights of Indigenous peoples and local communities. PACT argues that a suspension of carbon credit sales is necessary until robust […]