UK fund targets CO2 credits from areas in Brazil’s Amazon
The Brazilian Amazon state of Amapa has given a British investment fund the right to draw up avoided deforestation projects for an area covering 1.3 million hectares, the latest in a string of deals in the region.
As evening falls, Albertina Francisco*, a farmer from the Nhambita community in Sofala province, Mozambique, returns home. She is tired after another day of work at her machamba (a term used in Mozambique to refer to a patch of farmland).
Changes to the emissions trading scheme will stop investment in one of New Zealand's most important sources of future carbon emissions reduction - forestry "carbon farming", says Carbon Farm chief executive Murray McClintock.
'Offsetting' Campaign To Save Forests To Be Announced At Rio+20
Five major corporations will join the emergency campaign to save the world's threatened forests by pledging to buy REDD multimillion dollar credits from projects protecting threatened forests around the world, the campaign announced Tuesday at the U.N.