Bunge Buys Climate Change Capital After C02 Prices Plunge
Bunge Ltd. (BG), the world’s second- largest oilseed processor, won approval to acquire Climate Change Capital, a London fund manager that manages the world’s largest private-sector carbon fund, after C02 prices slumped to a record.
California cap-and-trade law spurs U.S. forest carbon projects
Now that California's carbon market has arrived, an Australian-based company that specializes in forest carbon offsets has jump started two forest projects with private landowners in the western U.S. The new company, Forest Carbon Partners, will make the projects available as carbon offsets for California polluters.
GRIF funds disbursement awaiting agreement on projects
THE Guyana REDD+ Investment Fund (GRIF) will not be available for disbursal until the Government of Guyana and its partners -- the Inter- American Development Bank (IDB) and the United Nations Development Programme (UNDP) --
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.
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).