Prosecutors in Brazil have filed a lawsuit to annul a $180 million carbon offset agreement signed by the state of Para, citing legal and ethical violations in the high-profile rainforest conservation initiative backed by major global firms.
Brazilian federal prosecutors are seeking to cancel a $180 million carbon offset agreement designed to protect the Amazon rainforest, arguing the deal violates national laws and overlooks the rights of local communities. The lawsuit, filed Tuesday, challenges a landmark contract signed last year between the state of Para and the LEAF Coalition - an initiative supported by major corporations and governments.
The complaint represents a significant setback for both the Para state government, which is set to host the COP30 climate summit, and the global carbon credit market, which has struggled with credibility issues over transparency, fraud, and community engagement.
In their filing, prosecutors claim Para’s government failed to properly consult Indigenous and traditional communities who would be affected by the project. They also argue that Brazilian law does not permit the pre-sale of carbon credits - particularly those linked to future conservation efforts rather than measurable past reductions.
Prosecutors allege the state rushed to greenlight the project ahead of COP30, intensifying pressure on vulnerable communities.
The contract in question involves the LEAF Coalition, a forest conservation initiative co-founded in 2021 by Amazon.com Inc., along with other private companies and governments. The project aimed to sell up to 12 million carbon credits at $15 each, tied to the preservation of the Amazon’s carbon-rich trees.
Furthermore, the agreement was among the first jurisdictional carbon credit deals - targeting emissions reductions at a state-wide level instead of through fragmented private projects. The model was intended to streamline oversight and restore market confidence, but critics have warned it may replicate existing issues on a larger scale.
Europe’s top rights court ruled that French police discriminated against a man of African descent, marking a landmark case of racial profiling against France.
Germany has urged Iran to resume cooperation with the United Nations nuclear watchdog amid concerns over rising tensions with Israel, warning that Tehran’s recent moves send the “wrong signal” and risk derailing a fragile ceasefire.
Turkmen and Russian foreign ministers met in Ashgabat on 25 June and signed a bilateral cooperation program for 2025–2026, reaffirming their commitment to strengthening political and economic ties.
The planet is still on track to nearly 10 billion people by 2050, yet most families are having fewer children than they want. Longer lives, lower fertility and uneven migration now demand a rethink of how societies support parents and care for an ageing population.
North Korea has opened a large coastal resort in its eastern Kalma region, with leader Kim Jong Un describing the project as a key development in the country’s tourism sector, according to state media on Thursday.
Europe’s top rights court ruled that French police discriminated against a man of African descent, marking a landmark case of racial profiling against France.
Iran’s Supreme Leader Ayatollah Ali Khamenei warned that any future U.S. attack would trigger strikes on American bases in the region, marking his first public remarks since the Iran-Israel ceasefire.
Scientists in Australia and the U.S. have developed an AI tool that could transform cancer care by revealing the hidden diversity of tumour cells and guiding more targeted therapies.
Germany has urged Iran to resume cooperation with the United Nations nuclear watchdog amid concerns over rising tensions with Israel, warning that Tehran’s recent moves send the “wrong signal” and risk derailing a fragile ceasefire.
Singapore has launched its largest-ever study on paediatric food allergies, aiming to better understand and address the growing burden of allergic reactions among children.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
China has surpassed its 2030 renewable energy target six years ahead of schedule and now leads the world in clean energy investment, innovation, and deployment, transforming itself into a global powerhouse in the transition to a sustainable energy future.
New research highlights that naturally-regenerating forests, often overlooked in climate policies, could remove carbon up to eight times faster than newly planted trees.
Azerbaijan has been elected Chair of the United Nations Environment Programme’s (UNEP) key decision-making body, marking a first for the country and strengthening its role in global environmental policy.
Growers in Chile’s Atacama Desert are turning fog into water to grow crops, including lettuce and lemons, in one of the driest places on Earth.
More than 110 million people across Europe — or more than 20% of the population — are exposed to dangerous levels of transport noise that threaten human health, the environment, and economic stability, according to a new European Environment Agency (EEA) report released today (24 June).
Europe’s top rights court ruled that French police discriminated against a man of African descent, marking a landmark case of racial profiling against France.
Iran’s Supreme Leader Ayatollah Ali Khamenei warned that any future U.S. attack would trigger strikes on American bases in the region, marking his first public remarks since the Iran-Israel ceasefire.
Scientists in Australia and the U.S. have developed an AI tool that could transform cancer care by revealing the hidden diversity of tumour cells and guiding more targeted therapies.
Germany has urged Iran to resume cooperation with the United Nations nuclear watchdog amid concerns over rising tensions with Israel, warning that Tehran’s recent moves send the “wrong signal” and risk derailing a fragile ceasefire.
Singapore has launched its largest-ever study on paediatric food allergies, aiming to better understand and address the growing burden of allergic reactions among children.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment