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Amazon Deforestation is Down. Here’s Why.

Legal Planet

For several years, headlines about Amazon deforestation have all been bad. Good news in Brazil where deforestation in the Amazon declined 66.1 For the first eight months of the year, the rate of deforestation is 48 percent lower than the same period in 2022. percent compared to last August. Gray: Yes, for sure.

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COP26: Deal reached to aim to end deforestation by 2030?

A Greener Life

World leaders on Monday last week hailed a major breakthrough when, on the first official day of COP26 , a deal was agreed to stop deforestation by 2030. trillion of global assets – including Aviva, Schroders and Axa – will also commit to eliminating investment in activities linked to deforestation. Enabling deforestation.

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Governors Launch Action Plan to Reduce Deforestation and Improve Lives in Forested Regions

Legal Planet

For more than a decade of leadership and innovation, member states and provinces of the Governors’ Climate and Forests (GCF) Task Force have been developing strategies, programs, investment plans, and new legal structures to address tropical deforestation, embark on a low-emissions development path, and benefit their populations and the climate.

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A Cap on Vegetable Oil-Based Fuels Will Stabilize and Strengthen California’s Low Carbon Fuel Standard

Union of Concerned Scientists

The current rules require a 20 percent reduction in the CI of transportation fuels by 2030, which the proposed amendments would change to 30 percent in 2030 and 90 percent in 2045. Getting this right is important, both for California and to ensure the LCFS remains a workable model for other states and the federal government.

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The Not-So-Good News About Carbon Offsets

Legal Planet

In case you missed it: there’s some good news about Amazon deforestation continuing to plunge. Jason Gray and I spoke recently about why tropical deforestation is down in Brazil, Colombia, and Indonesia. That’s good news because deforestation of tropical forests is a huge source of greenhouse gas emissions.

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Singapore Publishes Eligibility List Under the International Carbon Credit Framework

Clean Energy Law

Background The Singaporean government introduced the ICC Framework in November 2022, in tandem with the progressive increase in carbon tax rate under the Carbon Pricing (Amendment) Act 2022 from the current S$5 per tonne of emissions to S$25 per tonne in 2024 and 2025, and S$45 per tonne in 2026 and beyond.

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Back in the game: Brazil’s reengagement in climate governance

Law Columbia

Perhaps less excitingly, but more consequentially, Brazil also has a long tradition of progressive environmental policies and climate governance, playing a key role in several international conferences. Under President Bolsonaro, Amazon deforestation soared to its highest rate since 2008.