Delegates at the global climate summit failed to figure out a way to stop the destruction of the world's forests. But some lawmakers think they have a solution, and it relies on financing from some of America's biggest polluters.
Several years ago three U.S. companies sank millions of dollars into a forest reserve in southern Brazil to earn credits to cover some of their carbon emissions back in America. How does the scheme work on the ground? Michael Montgomery reports in collaboration with Mark Schapiro.
Soil contributes to climate warming more than expected - Finnish research shows a flaw in climate models
Finnish Environment Institute, Finnish Forest Research Institute and the Dating Laboratory of the Finnish Museum of Natural History at the University of Helsinki
Firms Partner to Develop Carbon Offsets From Forests in Arkansas, Missouri
SAN DIEGO - A California firm and a Missouri company are collaborating to develop carbon offsets from more than 300,000 acres of privately owned forest in the Ozarks Mountains of Arkansas and Missouri.
The forest carbon market is now two decades old but the bulk of its 20-million-tonne contribution to carbon sequestration and emissions reduction has come in the last three years - despite the global financial crisis and recession. This picture emerges from the ‘State of the Forest Carbon Markets’ report released by Ecosystem Marketplace (ESM) this week. Its landmark report appears the best attempt yet at a comprehensive estimate of the volumes and value in the forest carbon sector worldwide.
Guyana government has sought the immediate removal of Bulkan from the World Bank's TAP
The Guyana government has expressed its concerns to the World Bank Forest Carbon Partnership Facility about a Suriname map that includes part of Guyanas sovereign territory and has deemed it an “ unprovoked insult.” The map was part of a presentation at a forum of the World Bank [probably the Participants Committee of the World Bank’s Forest Carbon Partnership Facility, 26-28 October 2010, agenda item PC4].
LONDON (Reuters) - The global market for carbon offsets from planting trees and preserving forests, worth nearly $150 million to date, could stall without a U.S. climate bill or a successor pact to the Kyoto Protocol, a report said on Thursday.
TREES are one of the most efficient systems of carbon capture and storage on the planet. They breathe in carbon dioxide and breathe out oxygen, locking the carbon into their roots, trunk, branches, twigs and leaves and the soil. They are so good at this that about 20% of the greenhouse gases entering the atmosphere can be attributed to deforestation. In the run-up to the climate talks in Copenhagen in December, bright minds around the world are negotiating a formal scheme for reducing the loss of trees as a way of lowering the world’s carbon emissions.
South American Environmental Trusts Join Columbia Center to Create Amazon Forest Carbon Credits
Five environmental trust funds in Bolivia, Brazil, Colombia, Ecuador and Peru have joined with Columbia University’s Center for Environment, Economy, and Society to establish the Amazon Forest Carbon Partnership, a collaboration to reduce carbon emissions and provide an economic alternative for forest dwelling communities and commercial enterprises in the Amazon. The issue of forest carbon credit, in which wealthy countries offset their emissions by compensating land holders for preserving forests, was a core point of negotiations at the global climate summit in Copenhagen.
