Forest carbon

A CDM policy dialogue with Asian stakeholders took place in Bangkok from 7-8 June 2012. Asia has more than 80% of the registered CDM projects in the world.

Transactions of voluntary carbon credits grew to $576m last year, defying the sluggish economy by reaching the highest level since 2008, with corporate buyers making up the vast majority of purchases.

Golden Agri-Resources (GAR) and its subsidiary PT SMART, supported by TFT and Greenpeace, have reached a significant milestone with the publication of a report detailing the methodology and findings from their High Carbon Stock (HSC) forest fieldwork.

Carbon forestry investments in New Zealand and Australia have taken a blow from the combined effects of legislative uncertainty and the depressed prices for carbon based on Euro problems, but the sector remains cautiously optimistic.

Based upon consistent stakeholder lobbying and the strongly positive outcome of a 2011 scoping exercise, The Gold Standard Foundation is expanding its project scope into land use and forestry.