(Reuters Point Carbon) - California's seventh-largest city may try to bolster its strained budget by maintaining its 393,000-tree urban forest and selling carbon credits to regulated greenhouse gas emitters in the state's forthcoming cap-and-trade program. Long Beach Councilwoman Gerrie Schipske...
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The Brazilian Amazon state of Amapa has given a British investment fund the right to draw up avoided deforestation projects for an area covering 1.3 million hectares, the latest in a string of deals in the region.
We're told, endlessly, that climate change will mean the end of the Amazon, of the tropical forests, and the Earth will lose its lungs. It appears that this is not wholly and completely true. Actually, an increase in CO2 in the atmosphere is likely to lead to the growth of huge, new, tropical...
The Winrock team, which included scientists from Applied GeoSolutions, NASA's Jet Propulsion Laboratory and University of Maryland, combined the best available spatially consistent datasets on gross forest loss and forest carbon stocks to track emissions from deforestation in millions of individual...
Think of Rio+20 as cinema. In its simplest black and white, small screen format, it was unsatisfying. Government negotiators failed to reach any agreements of note. But, in color, on the large screen, with your 3D glasses on, it was much more. Creative leaders, impatient with the formal process,...
BluForest Inc. today announced that it has acquired 30,000 hectares of native forest in the province of Esmaraldas in Ecuador. The lands, appraised at an overall value of approximately US $180 Million Dollars, will bring BluForest's total land holdings to 135,000 hectares of forested lands from...
Changes to the emissions trading scheme will stop investment in one of New Zealand's most important sources of future carbon emissions reduction - forestry "carbon farming", says Carbon Farm chief executive Murray McClintock. As a provider of forest management services to the fledgling industry,...
Bangkok - July 3-5, 2012 - The USAID-funded Lowering Emissions in Asia’s Forests (LEAF) Programme, with support from the US Forest Service (USFS), brought together stakeholders in and outside of Asia for a workshop in Bangkok: “Low Emission Land Use and Forest Planning in Southeast Asia.”
The first project which sequesters carbon through agroforestry has been registered under the Verified Carbon Standard (VCS). Paris-based project developer Eco-Carbone’s agroforestry project was registered for the voluntary offset programme last week. The project aims to assist rural communities in...
Summary International climate change negotiations at COP17 in Durban, December 2011 saw further developments on the proposed REDD+ mechanism to reduce forest-based emissions and enhance forest carbon sinks. A binding international REDD+ agreement and a larger climate change agreement will likely be...
Forests are disappearing globally at an alarming rate. Huge amounts of emissions are released into the atmosphere as forests are cleared to make room for other forms of land use. Deforestation and forest degradation are the source of at least 15% to 20% of global greenhouse gas emissions.
The Global Canopy Program’s Forest Footprint Disclosure Project will merge with The Carbon Disclosure Project to create what the two non-profits say is the world’s largest comprehensive natural capital measuring system that covers carbon, water and forests.
The carbon emissions from cutting down tropical forests may be about one third of the level previously estimated, according to an article in the journal Science.
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. What did the participants have to say about CDM’s impact and future prospects, and what are the implications for CDM forestry projects and REDD...
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.
Last year, emissions of carbon dioxide increased by 3.2% to 31.6 billion tonnes, according to figures released by the International Energy Agency. Faith Birol, IEA’s chief economist told Reuters that, “[T]he trend is perfectly in line with a temperature increase of 6 degrees Celsius (by 2050),...
The Amazon Fund, created in 2008 to promote projects for the prevention and combating deforestation and conservation and sustainable use of forests, has so far approved 30 projects. This represents $ 500 million in investments and $ 303 million in financing from Banco Nacional de Desenvolvimento...
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.
Bunge Limited today announced it is participating in a project that will avoid approximately 30 million metric tons of CO2 emissions and generate carbon credits through the preservation of 70,000 hectares of native forest in the Amazon biome. The project, developed through a partnership between...