Forest carbon

The European Commission will tomorrow state that it is opposed to the inclusion of forest-based carbon credits in the ETS, in a wide-ranging Communication on deforestation and how the European community plans to deal with it. The Communication will say that the aim should be to reduce deforestation by 2020 and halt it by 2030.

On March 29th, 2006, the World Bank convened a group of policymakers to review options for including forestry credits in the European Union Emissions Trading Scheme (EU ETS). Toby Janson-Smith, Director of the Climate, Community & Biodiversity Alliance, gives the Ecosystem Marketplace an insider's take on the discussions.

Minister of Forestry and the United Nations launch joint effort to combat deforestation and forest degradation

US$200,000 grant from the World Bank to support information sharing activities on forest preservation strategies has been available for more than a month but government has not moved to sign the document.

IT may seem quaint to recall this now, but on the eve of the financial crisis, one of the biggest business stories was how large corporations were going to save the planet and make billions of dollars for their shareholders at the same time.