Safeguarding REDD+ Finance: Ensuring transparent and accountable international financial flows
Funding forest protection in developing countries poses numerous financial risks: from inefficient allocation through to mismanagement of funds, misappropriation and corruption.
THE United Nations has thrown its support behind soil carbon, but Australian attempts to create a market mechanism to reward the building of soil carbon reserves are still mired in complexity.
Bunge Buys Climate Change Capital After C02 Prices Plunge
Bunge Ltd. (BG), the world’s second- largest oilseed processor, won approval to acquire Climate Change Capital, a London fund manager that manages the world’s largest private-sector carbon fund, after C02 prices slumped to a record.
What does climate finance really mean? Do we mean dedicated funds mobilized by donors in the carbon market, or do we mean funds actually used for mitigation and adaptation action?
California cap-and-trade law spurs U.S. forest carbon projects
Now that California's carbon market has arrived, an Australian-based company that specializes in forest carbon offsets has jump started two forest projects with private landowners in the western U.S. The new company, Forest Carbon Partners, will make the projects available as carbon offsets for California polluters.
Ireland has become the first country in the world to recognise forest carbon credits in its tax regime – paving the way for the issuance of forest bonds, according to a leading banker.
GRIF funds disbursement awaiting agreement on projects
THE Guyana REDD+ Investment Fund (GRIF) will not be available for disbursal until the Government of Guyana and its partners -- the Inter- American Development Bank (IDB) and the United Nations Development Programme (UNDP) --
The UK government has invested £110 million ($157 million) into two new commercial funds, aiming to leverage in at least £3 billion of private capital for green investments in developing countries.
