Investment in UN's carbon scheme to 'dry up' as prices plunge
UN carbon credits could be worth just 50 euro cents by the end of the decade due to a huge oversupply of allowances, hitting investment in its Clean Development Mechanism (CDM), analysts Thomson Reuters Point Carbon warned yesterday.
Country needs assessment: A report on REDD+ readiness among UN-REDD Programme and Forest Carbon Partnership facility
A country needs assessment on REDD+ was commissioned by the UN-REDD Programme following a decision of its Policy Board that such an assessment be conducted to enable it to review its policies and align the Programme’s support with the priority needs of countries.
It's not as glamorous as cocaine or diamonds, but the illegal logging industry has become very attractive to criminal organisations over the past decade.
This is the fourth in a series of guest contributions focussed on sharing local experiences from around the world in developing and implementing safeguards in REDD+.
Almost three years ago, the United States launched a major effort to help tropical forest nations dramatically reduce deforestation, one of the primary sources of climate pollution.
The low price of carbon credits is a factor but probably not the root cause of new forestry plantations dropping off to near zero over the past few years, according to a leading economist.
MSU is helping India manage forests, reduce greenhouse gasses
Researchers at Michigan State University will use a $1.5 million grant to help India manage its forests and reduce the developing nation’s greenhouse gas emissions.
