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Issue date: 
09 February 2012

Govt spends half of climate funds

Dar es Salaam. Tanzania has only spent half of Norwegian funds on Reduced Deforestation and Land Degradation (REDD), the ambassador of Norway, Ms Ingunn Klepsvik has said.Speaking to The Citizen recently, Ms Klepsvik said despite halfway expenditure on Norwegian REDD funds, the country has performed well in terms of preparedness in absorbing REDD funds in the future.

Issue date: 
Feb 6, 2012

Spain Needs $466 Million in Carbon Credits to Meet Kyoto Limit

Spain may need to buy at least 355 million euros ($466 million) of carbon emissions permits to meet its obligations under the Kyoto Pr

Issue date: 
6 February 2012

Tanzania: Country to Benefit From U.S.$500 Million Climate Funds

Tanzania is among countries that would benefit from funds donated by Norway to finance projects that aim at reducing the effects of climate change.Reduced Emissions from Deforestation and Forest Degradation (REDD).

Issue date: 
February 8th, 2012

Landholders rush to establish carbon forests

Landholders spiralling interest in carbon forests has resulted in CO2 Australia investing an estimated $23.3 million in rural economies during 2011 and partnering with more than 300 farming families.

Issue date: 
February 1, 2012

New tool promotes forest offsets to consumers

Canadian Reforestation project developer Taking Root has come up with a new online tool to help its offset buyers explain and promote their offsetting commitment to their own customers.

The CO2 Responsible communications kit is designed to help businesses get full value from their decision to offset their carbon emissions and tackle climate change, and promote the benefits of Taking Root’s social reforestation project in Nicaragua.

Issue date: 
3 February 2012

Global Environment Fund beats target for Africa forestry fund

Global Environment Fund (GEF) has raised $160 million into its Africa Sustainable Forestry Fund, exceeding its target of $150 million.

The Maryland-based fund manager claims the fund is the first private equity fund to focus solely on sustainable forestry in sub-Saharan Africa.

Issue date: 

Community Carbon Accounting Research Project

The Community Carbon Accounting (CCA) Action Research Project was launched with the intention of elaborating approaches for engaging communities in forest carbon stock monitoring.

Issue date: 
January 29 2012

Political insurance for PE funds

A new insurance product has been launched to cover private equity fund investments in Africa and other emerging markets against political risk.

Issue date: 
February 1, 2012

REDD: Saving the Amazon rainforest

International negotiators are closing in on a new solution for combating climate change — and saving the world’s remaining forests.

Issue date: 
Jan 26, 2012

GEF Closes $160 Million Fund for Sustainable Forestry in Africa

Global Environment Fund, a U.S. private-equity firm with $1 billion under management, completed the closing of a $160 million fund for sustainable forestry in sub-Saharan Africa.


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by Dr. Radut