Reduction of emission from deforestation and degradation
Issue date:
27 October 2010
Defra commits £100 million international forestry funding up to 2015
The Government has today committed £100 million to international forestry projects which provide specific benefits for biodiversity.
The money comes from the new international climate finance included in the Comprehensive Spending Review, which will include new money for the UK’s contribution to REDD+ (Reducing Emissions from Deforestation and Forest Degradation), a programme which aims to prevent the loss of forests in developing countries.
UXBRIDGE, Canada, Feb 3 (IPS) - Last year's severe drought in the Amazon will pump billions of tonnes of additional carbon dioxide (CO2) into the atmosphere, a new report has found.Researchers calculate that millions of trees died in 2010, which means the Amazon is soaking up much less CO2 from the atmosphere, and those dead trees will now release all the carbon they've accumulated over 300 or more years.
I wish to refer to a letter in the Stabroek News under the caption “Almost nine per cent of Guyana’s budget this year hangs on the POYRY - Guyana Forestry Commission Report” in its issue of Thursday February 3, 2011.
anuary 2011: The Forest Carbon Partnership Facility (FCPF) has received five REDD Readiness Preparation Proposals (R-PP) and four draft R-PPs from FCPF participant countries during the course of January 2011.
Almost nine per cent of Guyana’s budget this year hangs on the Poyry-Guyana Forestry Commission
Almost nine per cent of the government’s planned expenditure in the 2011 national budget depends upon receipt of US$70M from Norway, under the MoU signed on November 9, 2009. That is surely a risky strategy because there appears to be no fall-back position if the Norwegian money does not come, or not in that quantity. So achievement of the progress indicators (‘enablers’ in Norwegian terms) is a major test.
