The U.N. has issued carbon credits to a reforestation project in Ethiopia, the second time tree planting has received emission reductions. The project in the village of Humbo, Ethiopia, which was approved by the U.N.
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.
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.
Voluntary CO2 offset prices hold up despite crumbling CERs
Voluntary carbon credits, once castigated as the black sheep of the global emissions markets, are now worth double U.N.-backed units as demand from corporate buyers seeking more than mere emission cuts from their investment has increased.
Forest project issued CO2 credits for California market
Project developer Finite Carbon announced Wednesday it has registered a project that has issued 200,000 offsets eligible for use in California's cap-and-trade system, bolstering the currently short supply of credits available in the forthcoming market.
Kyoto carbon credit glut is far larger than expected, warn analysts
The giant surplus of carbon credits currently swamping the global carbon market may never recede, removing any hope of reducing global emissions without a significant increase in national emission reduction targets, campaigners will warn today.
Brazil's Boa Vista Forest Carbon Offset Project Earns Verification from SCS
SCS Global Services has verified the Brazilian Boa Vista Afforestation/Reforestation carbon offset project under the American Carbon Registry (ACR) Standard. The project sequesters greenhouse gases (GHG) by planting and managing fast-growing Acacia mangium Willd.
Origin Energy has quit $133 million worth of options for forestry projects in Australia amid fears that the price of carbon will plunge, according to The Australian Financial Review.
