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Issue date: 
21 December 2010

What REDD can Learn from Soybeans and Corn

Billions have been pledged to fund schemes that slow climate change by saving trees and reducing greenhouse gas emissions from deforestation and forest degradation (REDD), but the private sector won’t come on board in a big way unless forest carbon starts to behave more like established commodity forward markets, argues a new discussion paper unveiled in Cancun.

Issue date: 
December 2010

Council Refuses to Open Up LEEDs to Other Certification Systems

Wood certified by the Forest Stewardship Council will continue to be the only kind qualifying for LEED points, after a motion to open it up to other certification programs failed to win a two-thirds majority from members of the U.S. Green Building Council. 
Issue date: 
20. Dezember 2010

California Enacts New Cap and Trade Program

It has been difficult for the US federal government to pass sweeping legislation that will spur renewable energy development, but California's new cap and trade program shows that states can lead.

Issue date: 
December 20, 2010

Large Pulp Mill Project in Russia

Södra, the Russian bank VEB and Angara Paper have signed a Letter of Intent regarding a pulp mill project in Russia with a capacity of 1.1 million ton softwood pulp per year.

Issue date: 
December 2010

Developing Social and Environmental Safeguards for REDD+

Reduced Emissions from Deforestation and Forest Degradation (REDD) mechanisms are one of the best short term alternatives for significantly reducing green house gas emissions, thus contributing to minimize the impacts of global climate changes.

Issue date: 
November 2010

Building Forest Carbon Projects

Developing forest carbon projects is complex and often daunting for project proponents, whether they are from the private sector, civil society organizations or government agencies.

Issue date: 
December 20, 2010

Contracting for Carbon

Forest carbon payments – payments for restoring or planting forest, or for preventing forest degradation or deforestation – can help to prevent and reverse forest loss.

Issue date: 
Dec.20, 2010

Paper Mill closures in Europe

BRUSSELS, Belgium, Dec.20, 2010 -- Western European demand for coated papers has matured and the post recession rebound in demand is over.

Issue date: 
21 Dec 2010

Jukka Pahta appointed chief financial officer of Pöyry

Finland, 21 Dec 2010, Jukka Pahta, 44, has been appointed Executive Vice President and Chief Financial Officer of Pöyry PLC. He will become a member of the Group Executive Committee of Pöyry PLC and report to Heikki Malinen, President and CEO of Pöyry PLC. Jukka Pahta will be based at the Pöyry headquarters in Vantaa, Finland. He will take over his new duties on 1 March 2011 at the latest.

Issue date: 
21 Dec 2010

UPM Agrees on New Financing Arrangements

Helsinki, Finland, 21 Dec 2010 – UPM has prepaid all of the Uruguay Fray Bentos pulp mill investment project loans of USD 372 million. The security arrangements relating to the project loans will be released. The prepayment reduces financing costs and simplifies the Group's financing structure.

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by Dr. Radut