Ambipar and the government of Pará sign partnership to facilitate small businesses’ access to carbon credits

Representatives of Ambipar and the government of Pará signed an agreement in Baku, Azerbaijan (Photo: Advisory).

State and company launch an innovative partnership at COP29: carbon credits with a focus on transparency.

247 – Ambipar and the government of Pará signed a memorandum of understanding this Tuesday (12) during COP29, held in Baku, Azerbaijan, for the commercialization of carbon credits in the state’s REDD+ Jurisdictional System (SJREDD+).

The agreement was signed by Governor Helder Barbalho and Ambipar’s Vice President of Sustainability, Rafael Tello, aiming, according to the company, to increase the financial and environmental value of carbon credits, as well as to promote regional sustainability and cooperation with multilateral entities like the World Bank. The partnership also envisions the creation of a Special Purpose Entity (SPE) that will centralize technical assessment, certification, and commercialization of carbon credits, optimizing Pará’s environmental assets.

“This credit has great global visibility and will allow us to develop projects with credibility, traceability, and easy access for everyone who cares about this,” emphasized Rafael Tello, highlighting the use of blockchain to ensure transparency and traceability in the projects.

Pará’s Secretary of Environment and Sustainability, Raul Protázio Romão, stressed that the agreement with Ambipar democratizes the sale of carbon credits, enabling medium and small companies to participate in this sustainable market.

“Today, to negotiate with the state, it’s in millions of reais. Ambipar will reduce this ticket, allowing us to expand access for everyone,” stated Romão, emphasizing economic access for more companies.

In September, Pará became the first state in Brazil and the world to secure nearly R$ 1 billion in carbon credits to support its efforts to reduce deforestation. Ambipar, a leading Brazilian multinational in environmental solutions, continues to expand its decarbonization and sustainability projects, operating in 40 countries with shares listed on the B3 and the New York Stock Exchange.

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