Washington – In a sign of strong support for the reduction of greenhouse gas emissions through forest conservation, Germany has committed an additional EUR 30 million to the Forest Carbon Partnership Facility (FCPF). The German Ministry for Economic Cooperation and Development signed the agreement, which makes Germany the biggest donor to the Facility, with total commitments of EUR 84 million (approximately USD 110 million).
A multifaceted project to preserve one of the last of Ethiopia's native forests has been underway for the past four years with the support of Germany's International Climate Initiative and NABU, the Nature and Biodiversity Conservation Union. The project focuses on reforestation, job creation in the region and the introduction of sustainable forest management practices. The area was officially named a UNESCO Biosphere Reserve earlier this year.
OSLO, June 21 (Reuters) - Norway and Germany announced aid of more than $90 million on Tuesday for World Bank programmes to help slow tropical deforestation that is blamed for stoking climate change.
Norway, the top donor to protecting tropical forests that absorb heat-trapping carbon dioxide as they grow, said it would give $50 million to a World Bank Carbon Fund as part of a Forest Carbon Partnership Facility.
Guyana's President Bharrat Jagdeo spent today in a series of meetings with German leaders and senior officials. Discussions centered on the need for sustained political action on climate change, and in particular on Guyana and Germany's upcoming joint chairing of the Interim REDD+ Partnership from July 1, 2011. The group consists of most of the world's forest countries and key developed countries. President Jagdeo met with His Excellency, President Christian Wulff at Bellevue, the German President's official residence.
The German International Cooperation Agency (GIZ) has provided 4 million euros to the Reduce Emissions from Deforestation and Forest Degradation (REDD) project in Laos.
The project will run for seven years, from 2010-2017, with a focus on the national protected areas of Nam Pouy in Xayaboury province and Nam Et Phu Loey in Huaphan province.
In the margins of the UN Climate Change Conference (29.11. – 10.12.2010 in Cancun, Mexico), the Federal Government signed an agreement with the World Bank on the funding of forest-protection projects.
Germany contributes 44 million Euros under the so-called Forest Carbon Partnership. This sum makes up part of the total of 1.26 billion Euros over three years that were promised at the UN Conference in Copenhagen a year ago. A Fast-Start programme for climate protection and adaptation to the effects of climate change was adopted at the Copenhagen conference.
Sept 24, 2010, Vancouver, British Columbia: ERA Carbon Offsets Ltd. (TSX-V: ESR) through its 100% owned subsidiary ERA Ecosystem Restoration Associates Inc, (ERA) is pleased to announce that it has executed a term sheet for the sale of 1,800,000 tonnes of Verified Emission Reductions (VER) to the German based Forest Carbon Group AG.
