German insurance giant Allianz has invested an undisclosed sum in Wildlife Works Carbon, a US-based developer of projects that reduce emissions from deforestation and forest degradation (REDD).
The Japanese government has earmarked the appropriation of an estimated Y9.244 billion, or approximately P5.084 billion, to strengthen forestland management in the Philippines.
A surge in activity around projects that reduce emissions from deforestation and forest degradation (REDD) has helped boost the value of the forest carbon markets – despite lingering uncertainty about their future, according to a survey.
The Emerging Market for Forest and Land-Use Carbon
This report was prepared by Terra Global Investment Management, LLC the investment manager of the Terra Bella Forest and Land-Use Carbon Fund, a Luxembourg SIF-SICAV currently in structuring and capital raising.
Congo businessman blazes carbon-market trail for Africa
IBI, Democratic Republic of Congo (AlertNet) - A Congolese businessman has become the first private investor in Africa to win approval to sell carbon credits earned from restoring tropical rainforest on the Kyoto Protocol’s carbon market.
Forest carbon sinks usher development opportunities in China
In May, Jia Zhibang of the State Forestry Bureau said that China also hoping to increase the forest carbon sinks up to 416 million tons of Carbon by 2020.
Norway has released US$1.1M to Guyana outside of the Guyana REDD+ Investment Fund (GRIF) – the agreed mechanism for the disbursement of funds under the two countries forests’ agreement – in order to enable Guyana to meet its contractual obligations under the partnership.
