The Sale of UPM’s Logging Company in Russia to International Paper is Closed
Helsinki, Finland, Jul 28, 2011 - All the necessary approvals concerning the sales of UPM’s Russian logging company ZAO Tikhvinsky Komplexny Lespromkhoz to International Paper have been obtained and the transaction has been closed.
REDD+ Finance – is the money reaching the forests?
In recent years the transfer of climate finance has emerged as a policy response to equitably addressing climate change mitigation and adaption in developing countries.
Palm oil, paper drive large-scale destruction of Indonesia's forests, but account for diminishing role in economy, says report mongabay.com
Indonesia's forests were cleared at a rate of 1.5 million hectares per year between 2000 and 2009, reports a new satellite-based assessment by Forest Watch Indonesia (FWI), an NGO. Expansion of oil palm and wood-pulp plantations were the biggest drivers of deforestation, yet account for a declining share of the national economy.
World Bank Approves GEF Project on REDD+ in the Congo Basin
The World Bank approved a US$13 million project from the Global Environment Facility (GEF) to strengthen the capacities of the Congo Basin countries on issues related to REDD+ (reducing emissions from deforestation and forest degradation in developing countries, as well as conservation, sustainab
Obtala Resources Limited (AIM:OBT), the natural resource investment and development company, today announces that it has concluded a Share Purchase Agreement (”SPA”) to acquire a private Mozambique registered company (”Acquisition”).
Scientists calculate the true cost of saving rainforest
Current plans to mitigate deforestation could adversely affect rural poor
New research shows that international plans to pay developing countries to reduce tropical forest destruction may increase rural poverty because critical income streams to rural people have been ignored.