Very interested to see the news today that City of London police have “arrested the director of a Merseyside-based business in connection with an alleged plan to pay Liberian officials $2.5m (£1.7m) in connection
US environmental consultancy EcoTrust has won approval for the first carbon offset project methodology in improved forest management (IFM) under the Voluntary Carbon Standard (VCS). IFM is a relatively new field of carbon crediting activity taking on heightened importance following the widening of the international REDD initiative on deforestation to include forest restoration and sustainable forest management - so called REDD-plus.
The Carbon Hunters was reported by Mark Schapiro, produced by Andres Cediel & co-produced by Daniela Broitman.
STORY SYNOPSIS
In a remote corner of Brazil's Atlantic coast, they say time is a fiction. This ancient forest is seemingly unspoiled by modern life -- beyond the reach of men, machines, and markets.
But a closer look reveals something very different happening here.
The World Bank is so concerned about the lack of forests remaining in the small country of Armenia that they have warned that it could one day become a desert.
Over the past two years, the voluntary carbon market space has grown and changed rapidly. Independent assessment of carbon projects is now a must for any project developer or retailer of carbon offsets. An array of third-party audit standards has emerged to support the validation of projects and the verification of their emissions reductions for the creation of carbon credits.
While cap-and-trade legislation stalls in the US and Australia, Copenhagen’s limited progress holds back REDD, and the inflexibilities of the Kyoto Protocol’s CDM keeps a lid on reforestation act
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.
