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Jake Spring

Members of Brazilian Institute for the Environment and Renewable Natural Resources (IBAMA) fire brigade work to extinguish a fire rising in Amazon rainforest in Apui, Amazonas state, Brazil, August 8, 2024. REUTERS/Adriano Machado/File Photo
BusinessClimateEmissionsEmissions MarketsEnvironmentNewsVoluntary Carbon Markets (VCMs)

Brazil’s Tocantins state to offer $430 million in carbon credits

The value and number of carbon credits is contingent on the state successfully reducing deforestation.

A view of the closing session at the United Nations COP16 nature summit in Cali, Colombia, November 1, 2024. REUTERS/Camilo Rodriguez/File Photo
AnalysisBiodiversityClimateClimate FinanceEnvironment

Public funding for nature conservation stalls at COP16, eyes on private investment

At COP16, wealthy nations pulled back on conservation funding, leaving private capital to help bridge the $200 billion gap.

United Nations Secretary-General Antonio Guterres attends a press conference at the 16th United Nations Biodiversity Summit (COP16), in Yumbo, Colombia October 30, 2024. REUTERS/Luisa Gonzalez
AnalysisBiodiversityClimate FinanceEnvironmentIndigenousPoliticsResiliency

UN COP16 nature talks unlikely to reach deal on conservation funding

New nature conservation fund unlikely at COP16 as countries consider extending talks amid financing impasse.

FILE PHOTO: Colombian President Gustavo Petro speaks at the opening of the 16th United Nations Biodiversity Summit in Cali, Colombia October 20, 2024. REUTERS/Luisa Gonzalez/File Photo
BiodiversityClimateClimate FinanceEmissionsEnvironmentIndigenousNewsPoliticsResiliency

Countries launch nature coalition at UN COP16 talks, warn of human extinction

Colombia launched a coalition at COP16 with 20 nations to promote "peace with nature," addressing urgent biodiversity loss.

FILE PHOTO: An Andean marsupial tree frog (Gastrotheca riobambae) is pictured after its introduction into the wild as part of a Quito Zoo conservation project, in Quito, Ecuador, October 4, 2024. REUTERS/Karen Toro
BiodiversityClimateEnvironmentIndigenousNewsPolitics

As UN COP16 nature talks are gridlocked, scientists warn of extinction risks

At COP16 in Cali, nations face challenges in funding conservation amid urgent biodiversity loss, with 38 per cent of tree species at risk.

Colombia's Environment Minister Susana Muhamad and other participants attend the opening plenary of the 16th United Nations Biodiversity Summit (COP16), in Yumbo, Colombia October 21, 2024. REUTERS/Luisa Gonzalez
BiodiversityClimateClimate FinanceEnvironmentIndigenousPoliticsResiliencyVoluntary Carbon Markets (VCMs)

Explainer: What’s on the agenda at the COP16 nature summit in Colombia?

At COP16 in Cali, nearly 200 countries will discuss national biodiversity plans, genetic data access, and Indigenous rights to combat nature loss.

FILE PHOTO: Najin (front) and her daughter Patu, the last two northern white rhino females, graze in their enclosure at the Ol Pejeta Conservancy in Laikipia National Park, Kenya March 20, 2018. REUTERS/Baz Ratner/File Photo
BiodiversityEnvironmentResiliency

COP16: From forests to oceans, nature in a dire state

As the UN's two-week COP16 biodiversity summit kicks off on Monday, here is what you need to know about nature's rapid decline.

FILE PHOTO: An aerial view shows a deforested plot of Brazilian Amazon rainforest, in Apui, Amazonas state, Brazil, September 4, 2021. Picture taken with a drone September 4, 2021. REUTERS/Bruno Kelly
BiodiversityClimateIndigenousNewsRegulations

COP16 host Colombia pushes for unified climate and biodiversity pledges

Colombia pushes for a unified climate and biodiversity pledge to streamline UN talks, aiming to merge conservation with climate goals.

FILE PHOTO: A view shows the logo of Amazon at the Amazon Fulfillment Center in Tepotzotlan, Mexico, December 13, 2023. REUTERS/Gustavo Graf/File Photo
BusinessClimateEmissions MarketsEnvironmentFinanceNews

Firms including Amazon to buy $180 million in carbon credits from namesake rainforest

By Jake Spring SAO PAULO (Reuters) -Amazon and other companies have agreed to buy carbon offset credits that will support the conservation of...

A drone view shows a deforested plot of Brazil's Amazon rainforest in the municipality of Humaita, Amazonas state, Brazil, August 7, 2024. REUTERS/Adriano Machado
AnalysisBiodiversityClimateEmissionsEnvironmentResiliency

In Lula’s Brazil, Amazon deforestation rises for first time in 15 months

Deforestation in Brazil's Amazon rose in July, ending a 15-month decline under President Lula.

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