Brazilian REDD+ credits could reach $16/t by 2035, but future dependent on domestic emissions reductions -report

Brazil’s REDD+ carbon credits are expected to rise to $16 per tonne by 2035 and play a role in determining the marginal price of nature-based solutions (NbS) credits, but this impact will depend on the country’s ability to reduce its own emissions, according to a new report from a research house.