Category: Carbon Credits

Reflorestation

Brazil Decarbonization

Decarbonizing progress

Brazil and the U.K. join forces eyesonbrasil Amsterdam, Dec 10th 2024–Last month, during COP 29 in Baku, Azerbaijan when Brazil and the United Kingdom agreed to cooperate, work together and join forces in the promising decarbonizing industries in both countries in a move to protect the environment, we are now trying to understand the scope of such an understanding. The cooperation structure between the…
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COP29 Breakthrough

COP29 Breakthrough

Global Carbon Market Takes Shape eyesonproject Amsterdam/Baku 16 november 2024– At COP29 in Baku, nearly 200 governments agreed on a UN-led global carbon market under Article 6.4 of the Paris Agreement. This system simplifies carbon credit trading, fostering climate project funding in developing nations. It replaces the Kyoto Protocol’s Clean Development Mechanism, aiming for transparency and…
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Cop29 Azerbaijan

COP29 in Azerbaijan: A Turning Point for Global Climate Action

eyesonguyana 1. A Platform for Ambitious Climate Goals The COP29 Climate Change Conference in Baku, Azerbaijan, is set to be a pivotal event in the global fight against climate change. With nearly 200 countries participating, the conference aims to secure a new collective quantified goal for climate finance, ensuring that every nation has the means…
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Paris Climate Deal

The Promise of the Paris Climate Agreement

eyesonguyana Amsterdam, September 21st, 2024 – Christiana Figueres, a key architect of the Paris Climate Agreement, speaks with a sense of “stubborn optimism” about our ability to tackle climate change1. This landmark agreement, adopted in 2015, aims to limit global warming to well below 2°C, ideally to 1.5°C, compared to pre-industrial levels1. For developing countries,…
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More than 40 million in Latin America and the Caribbean are threatened by climate change.

Adequate Measures expected eyesonsuriname Amsterdam, 29 May 2024 – Tens of millions of people living in low-elevation coastal areas in Latin America and the Caribbean are facing the consequences of extreme weather events that threaten their lives and livelihoods and the hospitals they depend on, according to a new study by UNFPA, the UN Population Fund. …
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Hess Signs $750M REDD+ Carbon Credits Deal with Guyana

Hess Corporation, an American company, has made an agreement with Guyana to purchase REDD+ carbon credits worth $750 million over the next ten years. This deal aims to provide support for the protection of Guyana’s Amazonian rainforests. Hess Corporation is an internationally recognized energy company with a focus on the exploration and extraction of crude…
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