Kenyan Prime Minister Raila Odinga has said the country is keen to partner with investment bankers to promote trading in carbon markets and ensure the rehabilitation of the Mau and other threatened forests in the country. “ We see opportunities in the evolving carbon markets as negotiations...
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A number of environmental groups have combined in opposition to the post-Copenhagen process aiming to fast track the international REDD+ initiative. Led by France and Norway, the so-called Paris-Oslo process sees developed and developing countries attempting to push on with a global REDD...
A group of climate policy researchers has proposed an international registry be set up to coordinate the disparate efforts toward a global REDD+ mechanism. The Technical Working Group on the Institutional Architecture for Climate Finance says such a body is needed to harmonise the wide range of...
COCHABAMBA, Bolivia, Apr 27 (IPS) - The UN-led global initiative to use forest conservation as a way to offset greenhouse gas emissions heated things up at the people's summit against climate change in Bolivia. In the end, the participants reached a consensus - and rejected the plan.
All carbon is not created equal: One ton of carbon dioxide (CO2) generated in New York from several McDonalds burgers, for instance, clocking in at 16kg per 1kg of meat, is not the equivalent of one ton of CO2 emitted in a country like South Africa, where energy generated from coal provides...
REDD+ Country Progress… In Their Own Words At the recent Policy Board meeting in Nairobi, country representatives, Indigenous Peoples and Civil Society organizations, and donors spoke to the UN-REDD Programme about their commitment to REDD+ readiness and the value of their...
KUALA LUMPUR/JAKARTA, April 29 (Reuters) - Growing economic pain may increasingly force consumers to turn to palm oil, one of the cheapest cooking oils, a move that could scupper nascent plans to slow deforestation in Southeast Asia.
In the ongoing negotiations over the Kerry-Graham-Lieberman bill, different polluters are clamoring for cash to compensate them for not fouling the atmosphere quite so much. One of their targets: the legislation's set-aside funds for reducing tropical deforestation, which is responsible for at...
Consumers. Households. Citizens. Loyal subjects. The American people. The emergence of cap and dividend as a key piece of the Senate climate debate—either as a stand-alone bill or more likely a core principle of the Kerry-Graham-Lieberman process—can be directly traced to increasing awareness...
Expectations that forest-based carbon credits will be eligible for use in future compliance regimes could boost the market, according to Ecosystem Marketplace. Many current deals for forestry credits are being completed on a pre-compliance basis due to expectations that US or international...
Over the past two years, the voluntary carbon market space has grown and changed rapidly. Independent assessment of carbon projects is now a must for any project developer or retailer of carbon offsets. An array of third-party audit standards has emerged to support the validation of projects and...
On March 29th, 2006, the World Bank convened a group of policymakers to review options for including forestry credits in the European Union Emissions Trading Scheme (EU ETS). Toby Janson-Smith, Director of the Climate, Community & Biodiversity Alliance, gives the Ecosystem Marketplace an...
Time is now short for forestry projects to deliver any worthwhile volume of carbon credits to the CER market by 2012. While the bottlenecks that have held back the afforestation and reforestation (A/R) sector in Kyoto’s Clean Development Mechanism (CDM) are now mostly resolved, it may be too...
For thousands of years, we have been planting and growing trees without difficulty. It’s simple, and forest carbon business strategy can be, too. In fact, it’s core to what I’m trying to teach the MBA/MS students in my course at the Erb Institute this semester: If the world’s best available...
Reducing emissions from deforestation and forest degradation (REDD) has been widely lauded as a mechanism that could fund forest conservation and poverty alleviation efforts while fighting climate change. At the December U.N. climate meeting in Bali, delegates agreed to include REDD in future...
Tree-planting activities - reforestation and afforestation - have come in for criticism in recent times, giving rise to a debate over whether planting new forests in order to combat climate change is worthwhile, and whether it can be accurately reflected in a system of economic credits. The...
The European Commission will tomorrow state that it is opposed to the inclusion of forest-based carbon credits in the ETS, in a wide-ranging Communication on deforestation and how the European community plans to deal with it. The Communication will say that the aim should be to reduce...
How does carbon trading work? Does it really help tackle climate change? Isn’t it all just smoke and mirrors? Is the Kyoto Protocol doing any good? These and similar questions are increasingly being asked as the evidence for global warming mounts, scientists tell us more of dramatic climatic...
US$200,000 grant from the World Bank to support information sharing activities on forest preservation strategies has been available for more than a month but government has not moved to sign the document. Approval for the release of the money was given by the bank in mid-February, Giorgio...
While governments are spending millions trying to tackle carbon emissions, one entrepreneur is getting right to the root of the problem. Erik Jaques reports. At just 27, Dorjee Sun had it made. A charismatic law graduate and serial entrepreneur, he’d banked his first millions by selling web-based...