Reduction of emission from deforestation and degradation
Issue date:
February 11, 2012
Irish finance bill ‘opens door to forest bonds’
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.
ONLY communities in Kondoa district in Dodoma region may get 80 percent of the payments from Reduced Emissions from Deforestation and Degradation for government forests when a post Kyoto Protocol carbon trading regimes starts next year.
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.
Climate Conversations - How to design a REDD+ project
REDD+ (Reducing Emissions from Deforestation and Forest Degradation) aims to reward or compensate tropical developing countries for keeping their forests intact or for reducing
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.
Forest owners reject lease agreement with Merlyn Wood
Sarhad Forestry Ittehad (Safi) has rejected lease agreement between the department of forests and British company Merlyn Wood for leasing of 2,71,000 acres forest covered area in district Mansehra, Battgram and Swat for 40 years.This was stated by President, Safi Abbottabad, Riaz Mohammad Khan; G
While steaming ahead with new carbon market initiatives, the World Bank attracted further criticism and suffered potential setbacks on agriculture and on the Green Climate Fund (GCF) at the UN climate negotiations in Durban.
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).
