The World Bank is so concerned about the lack of forests remaining in the small country of Armenia that they have warned that it could one day become a desert. The loss of the country’s forests can be traced back to their energy crisis in the early 1990s. Since then the Massachusetts based...
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(Reuters) - A U.S. Senate climate bill, unveiled on Wednesday, has garnered general support from European carbon market players, though some have raised concerns over a few components of the proposed legislation. The draft bill, to be tabled by Democratic Senator John Kerry and independent...
The Carbon Hunters was reported by Mark Schapiro, produced by Andres Cediel & co-produced by Daniela Broitman. STORY SYNOPSIS In a remote corner of Brazil's Atlantic coast, they say time is a fiction. This ancient forest is seemingly unspoiled by modern life -- beyond the reach of men,...
The international market for AAU carbon allowances is drying up, according to a leading carbon analyst. The trade in government-level Kyoto carbon credits is winding down after numerous sales from eastern European nations holding surpluses to Japan, Norway and EU nations to help them meet their...
This week Central America and the Dominican Republic launched a new plan backed by Germany to combat climate change in the region. The program known as REDD, for Reducing Emissions from Deforestation and Forest Degradation, kicks off thanks to a €12 million (about $15 million) donation through...
The American Power Act (APA), a draft bill proposing a cap and trade system for reducing greenhouse gas emissions, was introduced yesterday in the US Senate by its two main sponsors, John Kerry (D) and Joseph Lieberman (I).The bill aims to reduce emissions by 17% by 2020 and by over 80% by 2050.
Actions to reduce emissions caused by deforestation and degradation (REDD) also enhance ecosystem services, according to a new report. Using a case study from the Amazon it indicated that REDD support schemes can also help maintain water levels and quality and protect soil from erosion.
REUTERS - A compromise U.S. climate bill unveiled on Wednesday will allow between 500 million and up to one billion carbon offsets into an emissions trading scheme aimed at cutting U.S. greenhouse gas pollution. The bill, called the American Power Act, backs efforts to fight deforestation in...
LONDON, May 13 (Reuters) - Forests have a growing value as a result of climate policies, but the complexity of carbon markets coupled with the effects of the financial crisis are deterring investment, investors and analysts said in London on Thursday. In plantation forests, new demand for wood...
In a bid to find a solution to the dual crises of climate change and deforestation, the REDD program has emerged as a potential "win-win" conservation idea. The basic concept of REDD (Reduced Emissions from Deforestation and Forest Degradation) is that funds, generally from the developed north,...
Abstract: Concerns over the rapid increase of anthropogenic greenhouse gases (GHGs) in the atmosphere led to the adoption of the Kyoto Protocol to the United Nations Convention on Climate Change, under which 5.2% reduction of the global GHGs emissions was committed. More reduction commitment is...
Current pledges to reduce emissions are no where near good enough to keep the planet's warming to below 2°C, argue Joeri Rogelj, Malte Meinshausen and colleagues in an opinion piece in Nature this week.
After years of darkness as a failed state, Liberia is rebuilding its state institutions, determined to rejoin the international community. Unfortunately, no amount of reforming zeal of a single small country can overturn the threat of climate breakdown or rising tides.
The mechanism of REDD has not yet been officially implemented in India, though there is considerable scope of its implementation, considering the extent of India’s forest cover. However, there is also potential for its misuse, as well as plenty of challenges.
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...
The report on the Norway-Guyana MoU is an unusual event in the normally secretive apparatus of government in Guyana.
(Updates with Sandor comment in third, 14th and 15th paragraphs.) By Mathew Carr and Simon Lomax April 30 (Bloomberg) -- Richard Sandor agreed to sell Climate Exchange Plc to Intercontinental Exchange Inc., exiting the biggest carbon market before he could establish a global mechanism for...
On April 21th, 2010 a public debate on Forestry, Climate Change, and Poverty will take place at Litteraturhuset, Oslo. With the title of “Can Saving Trees Save the Planet?” the debate was organized and hosted by Center for Environment and Development (SUM), University of Oslo and it is part of...
Though opinions were still poles asunder, participants at the Petersberg Climate Dialogue emerged from three days of discussion which ended Tuesday with guarded optimism. They based their optimism on hopes of reviving stalled debate and rekindling practical cooperation among those who attended...