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News - Africa and Latin America

Brazilian firm to auction 385,000 VCUs

A Brazilian electric utility will sell 385,070 voluntary carbon units (VCUs) on 30 March.

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Angola eyes 15 UN-backed offset projects

Angola is preparing 15 projects under the Kyoto protocol’s clean development mechanism (CDM).

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Brazil, US to partner on climate change

Brazil and the US will formally cooperate on implementing the Copenhagen accord.

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First African CDM projects get ACAD funding

Three African CDM projects have been given ACAD development funding.

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Brazilian exchange to hold VER auction

A Brazilian commodities exchange will auction 180,000 voluntary carbon credits on 8 April.

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Green Resources seeks post-2012 forestry credits

A Norwegian project developer will plant trees in Mozambique to earn post-2012 carbon offsets.

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Basic countries want climate deal in Mexico

The Basic countries have called for a series of meetings to ensure a global climate deal in 2010.

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Brazil unveils CDM landfill venture

A partnership promoting CDM landfill projects has been launched in Rio de Janeiro, Brazil.

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Japanese bank inks CDM pact with Uruguay

Japan’s Sumitomo Mitsui Banking Corp. has inked a CDM cooperation pact with a Uruguayan bank.

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Ghana readies climate strategy

Ghana is working on a low emissions growth plan and to finalise a climate adaptation strategy.

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Africa needs further CDM reform: analysts

UN guidance to reforming the CDM may boost development in Africa, but more is needed.

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Brazil signs law reducing GHGs

Brazil’s president signed a law Tuesday to reduce GHGs up to 39 per cent by 2020.

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Bolivia to host alternative Cop before Mexico

Bolivia will host a climate conference in April as a response to the “failure” of the UN summit.

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Brazilian exchange cancels VCU auction

A Brazilian exchange has cancelled an auction of voluntary carbon units due to a lack of bidders.

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Vitol buys 1m credits from African CDM project

Vitol is to buy 1 million CERs from a CDM project in the Democratic Republic of Congo.

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Sarkozy draws roadmap to Mexico

The French president unveiled a timeline of the next steps to be taken toward COP16 in Mexico.

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Argentinian utility sells first CERs

A South American utility will sell 500,000 CERs from a clean energy project at one of its plants.

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Brazil to hold VCU auction

A Brazilian exchange will auction 240,000 voluntary carbon units (VCUs) on 22 December.

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Norway injects new cash into Brazil's Amazon fund

Norway will inject up to $150 million more in Brazil’s Amazon fund, it announced Wednesday.

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Markit partners on Brazilian Redd venture

Markit has struck a deal with two Brazilian firms to provide its registry for Redd credits.

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Beef production behind half of Brazil's GHGs: report

A new report found that beef production accounts for around half of Brazil’s GHG emissions.

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S&P, IFC launch new carbon index

A carbon efficiency index has been launched for companies in emerging markets.

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UN registers second programmatic CDM

The UN has registered a Brazilian CDM project that captures methane emissions across 1,100 farms.

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South Africa sets emission target

South Africa will limit its carbon emissions to 34 per cent below business-as-usual by 2020.

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Brazil names first Amazon Fund recipients

Brazil announced the first three projects that will receive money from its Amazon Fund.

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Brazil supports UN Redd plan

Brazil, once opposed to letting countries earn deforestation carbon credits, has eased its stance.

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Sasol eyes CCS technology in Norway

South African energy and chemicals firm Sasol is exploring CCS technology in Norway.

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UN to debate expansion of forestry CDM

Next month's UN talks could allow more types of forest plantations to earn carbon credits.

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Brazilian president unveils Copenhagen target

Brazil will voluntarily reduce its GHG emissions by between 36.1 and 38.9 per cent by 2020.

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Brazil deforestation at record low

Deforestation in the Brazilian Amazon was at record low levels in in 2008-9.

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