LABOR'S carbon farming initiative (CFI) has passed in the Senate but agricultural groups remain sceptical of its worth until details are made available.
Under the scheme, graziers could sell carbon credits on to businesses to offset emissions.
‘Silly Fool’ Sells NZU at $20, buys back CER at $13.50 and pockets $65,000
Back in March 2011 a Carbon Monitor reader wrote to us with the quandary of what to do with his post 1989 NZU units (those with a surrender liability for loss or harvest) suggesting if he took the funds, invested in real estate then he would be ahead even with a future liability.
As the number of public sector financial mechanisms targeting REDD+ has increased, and consequently the volume of money flowing in to REDD+, observers are increasingly pointing out that the public sector alone cannot supply the huge sums
WASHINGTON — As U.N. talks keep failing to agree how to raise money to protect forests, private investors are testing a trade in credits to slow the deforestation that emits as much carbon as all the world’s cars, ships, trucks and planes.
Some 6 weeks ago the price of a CER (certified emission reduction created from reducing greenhouse gas emissions in developing countries using the CDM or clean development mechanism of the kyoto protocol) was 13 Euro and the emissions markets were looking healthy.
How can finance be mobilised to protect the world’s rainforests, in a climate of extreme policy uncertainty? Environmental Finance and Irbaris convened a panel of experts to try to find out. Mark Nicholls reports
Carbon credits from projects to halt deforestation can achieve “premium prices” compared with other types of voluntary offsets as demand is set to quadruple in the next three years, according to CF Partners.
World Bank Prototype Carbon Fund Syndicate Agreement Extended Through 2023
The World Bank’s Prototype Carbon Fund extended an agreement until as late as 2023 to help govern the syndicate including six governments and 16 companies.
