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Mastercard Set in Brazil to Expand Forest Restoration and Climate Compensation

Summary by Globo
With projects in strategic biomass, such as the Atlantic Plant and Amazon, companies want to transform philanthropic efforts into market mechanism with environmental integrity
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With projects in strategic biomass, such as the Atlantic Plant and Amazon, companies want to transform philanthropic efforts into market mechanism with environmental integrity

·Brazil
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The National Environmental Licensing Authority (ANLA) gave green light to the compensation plan for the biotic component presented by CNE Oil & Gas S.A.S. for the exploration project “Mangle SSJN-7”, which operates in the territories of Sucre and Cordoba. This approval allows the oil company to carry out actions to restore natural plant cover in areas of ecological interest, prioritizing the protection and recovery of biodiversity in the area. T…

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larazon.co broke the news in on Monday, July 7, 2025.
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