As UN climate talks loom, the Bank is lobbying G20 countries to resuscitate shrinking carbon markets through controversial measures, including using public climate finance to stimulate demand and creating markets for soil and forest carbon.
Minister Visits first Woodland in Wales to Crack the Carbon Code
The Minister for Environment and Sustainable Development, John Griffiths, last week (3 November) visited the first woodland in Wales that allows companies to measure how much harmful carbon dioxide they are capturing from the atmo
National Party promises to adopt some of the recommendations made by the panel that reviewed the Emissions Trading Scheme (ETS) have been welcomed by forest owners. But they say much more policy work is needed if forestry is to achieve its potential for New Zealand.
Old growths remove 2.4 billion tonnes of carbon per year
The report, funded by the Department of Climate Change and Energy Efficiency, the Bureau of Meteorology and CSIRO, has also found deforestation emits more carbon emissions than previously thought—a staggering 2.9 billion tonnes of CO2 per year