GISBORNE will be a net winner from the emissions trading scheme, promises Climate Change Minister Nick Smith. At a well-attended meeting last night, Dr Smith managed to tame a potentially hostile audience through judicious use of the expressions: “Good question”, “You’re absolutely right” and “...
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GM&T AND INFINITEEARTH ANNOUNCE THE APPROVAL OF WORLD’S FIRST REDD METHODOLOGY UNDER THE VOLUNTARY CARBON STANDARD PROGRAMME Highlights
In the drive to tackle climate change, carbon trading has become the policy instrument of choice among governments. It is also a central element of the UNFCCC’s Kyoto Protocol. National or regional carbon trading schemes are now operational in Europe, the USA, New Zealand and elsewhere.
25 August 2010 | The first Voluntary Carbon Standard (VCS) methodology to quantify the climate benefits for projects reducing emissions from deforestation and forest degradation (REDD) is now approved and available for use after going live this Monday.
The landmark approval of a carbon accounting methodology to underpin REDD projects in Asia shows the project-based voluntary carbon market leading the way in the development of mechanisms to halt the destruction of climate-critical tropical forests.
LOMPICO - PG&E (Pacific Gas and Electric's) is handing over tens of thousands of dollars to the nonprofit Sempervirens Fund to protect a 425-acre stand of redwoods once slated for logging deep in the Santa Cruz Mountains. The deal, expected to be completed next month, is part of the...
Summary In a previous article we discussed the importance of the UN-REDD Programme as well as the obstacles to its further implementation. Recognizing the impact that the retreat of the tropical forests is having on global warming, the United Nations launched the UN-REDD Programme, Reduced...
The advocates of renewable energy have long chanted a mantra of “green jobs, energy security and lower emissions”, but in country after country we continue to see a fork in the road emerging whereby individual nations are forced to make choices between lowering (global) emissions or developing...
Seven western states and four Canadian provinces have joined forces in a plan to limit greenhouse gas emissions. An entire new source of long-term revenue is available to British Columbia's government, which will enable protecting massive tracks of old growth forests and fresh water supplies....
(Reuters) - Likely to be first fully validated REDD project under VCS; Approval of methodology boost for REDD projects SINGAPORE/JAKARTA, Aug 24 (Reuters) - An Indonesian project aimed at saving a vast tract of rainforest has past a milestone seen as a boost in the development of a global market in...
(Reuters) - Aid promises from rich nations to help poor countries slow global warming are reaching the $30 billion goal agreed in Copenhagen but analysts say much of that is old funding dressed up as new pledges. Officially, the promises total $29.8 billion, Reuters calculations show,...
For individuals and business, air travel is a fact of life. The world is our playground and we are not going to stop exploring new places and opportunities. Still, we have become increasingly concerned about carbon dioxide (CO2) emissions from jet transportation and what we can do to reduce our...
Nepalese government has paid a Norwegian consultancy €150,000 (£123,000) to get UN certification for biogas projects. The UN-certified scheme that allows developed nations to pay for carbon reductions abroad instead of making domestic cuts has come under fire for paying high fees to consultants...
In New Zealand, where the sheep outnumber humans 9 to 1 and National Lamb Day is celebrated every Feb. 15, a carbon emission trading system that kicked off in July is upending the economics of sheep farming, a once crucial sector of the economy. Sheep farmers are walking away from the business of...
(Reuters) - An Australian carbon services firm has signed a deal aimed at protecting tropical forests in the Democratic Republic of Congo as well as boosting renewable energy there, a senior company official said on Wednesday. Shift2Neutral and its partners would help value the carbon storage from...
PCF At the close of calendar year 2009, the Prototype Carbon Fund has 23 of 24 projects generating emission reductions and eight of the PCF’s CDM projects have issued Certified Emission Reductions. In early 2010, the PCF successfully completed its first transfer of Kyoto assets from its projects in...
Gazprom Marketing & Trading, a unit of the world’s largest natural-gas producer, said its method for generating carbon credits from forestry projects was approved by the Voluntary Carbon Standard. The International Emissions Trading Association and the World Economic Forum helped develop the...
Africa May Become Next Big Market for Carbon Projects, Emission Group Says By Dinakar Sethuraman - //--> Aug 26, 2010 8:28 AM GMT+0200
The Nigerian government should actively engage forest community dwellers and civil society groups in the ongoing Reducing Emissions from Deforestation and Degradation, (REDD), negotiation process; and adopt community forest management practices as one of the concrete solutions to climate change.