As developing countries and civil society groups continue to warn against World Bank influence in the design and management of the new Green Climate Fund (GCF), further criticism is emerging of existing Bank climate initiatives.
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The Mercury |
13 years 5 months ago
A PROPOSAL to keep Tasmania's native forests standing in exchange for billions in carbon credits has been rejected by the State Government, Liberal Opposition and Forestry Tasmania. Redd Forests Pty Ltd has written to Forestry Tasmania suggesting it adopt the "commercially proven" model. The...
The Sydney Morning Herald |
13 years 5 months ago
PARIS: Schemes to convert croplands, or marginal lands, to forests will make almost no inroads on global warming this century, a new scientific study says. Afforestation is being encouraged under the UN's Kyoto Protocol on the theory forests are ''sinks'' that soak up carbon dioxide from the air...
ENS-NewsWire |
13 years 5 months ago
BONN, Germany, June 7, 2011 (ENS) - Delegates from 183 countries got down to business at a United Nations preparatory climate change conference in Bonn today. For the next 11 days they will work towards a draft agreement on limiting greenhouse gas emissions that can serve as the basis of...
Earth Island |
13 years 5 months ago
Bonn, Germany – On Monday, a two-week long round of UN climate negotiations, lasting from June 6 to June 17, 2011, kicked off in Bonn, Germany. The talks will prepare for the way for the COP 17, which takes place November 28, 2011 to December 9, 2011 in Durban, South Africa. Over 3000...
The Globe and Mail |
13 years 5 months ago
The Nature Conservancy of Canada is receiving more than $4-million in what it says is the largest forest carbon project to date in North America and the first deal of its kind in Canada. The land conservancy organization announced in Vancouver Wednesday that it has sold carbon credits that are...
Bloomberg |
13 years 5 months ago
Carbon credits from projects to halt deforestation can achieve “premium prices” compared with other types of voluntary offsets as demand is set to quadruple in the next three years, according to CF Partners.
Yahoo News |
13 years 5 months ago
Manila (Philippine Daily Inquirer/ANN) - A breakthrough for the environment sector of the Philippines has recently come in the form of a local reforestation and agroforestry project that gained international recognition for providing "real, additional and permanent greenhouse gas emissions."
Bloomberg |
13 years 5 months ago
The World Bank’s Prototype Carbon Fund extended an agreement until as late as 2023 to help govern the syndicate including six governments and 16 companies.
Bloomberg |
13 years 5 months ago
Conserving forests as a means for countries to meet climate change targets is crucial to Africa’s participation in the world’s carbon markets, said Envirotrade Carbon Ltd.
Reuters |
13 years 5 months ago
(Reuters) - The world will again fall short of a full climate deal this year, after two past attempts, say developed countries which want a narrower focus on forests and funds at resumed U.N. talks in Germany next week.
Physorg |
13 years 5 months ago
Business Green and Newswire |
13 years 5 months ago
World Bank Releases 2011 "State and Trends of the Carbon Market" Report Barcelona, June 1, 2011 (MMD Newswire) June 1, 2011 - - The World Bank's annual review of the global carbon market shows that 2010 was a watershed year as the market ended five years of robust growth with a slight decline...
The Guardian |
13 years 5 months ago
The international market in carbon credits has suffered an almost total collapse, with only $1.5bn (£916m) of credits traded last year - the lowest since the market opened in 2005, according to a report from the World Bank.
Ecosystem Marketplace |
13 years 5 months ago
For five years, Forest Trends’ Ecosystem Marketplace and Bloomberg New Energy Finance have published the State of the Voluntary Carbon Markets Reports to shed light on trading volumes, credit prices, project types, locations, and the motivations of buyers in this market. Every year’s marketplace...
Carbon Positive |
13 years 5 months ago
The voluntary carbon market climbed to record volumes of emissions reductions last year, bouncing back from worldwide recession on the back of corporate social responsibility demand and the rise of forest-based offset supply. This picture emerges from the State and Trends of the Voluntary Carbon...
Mongabay |
13 years 5 months ago
Tropical forests across Latin America, Africa, and Southeast Asia stored 247 gigatons of carbon — more than 30 years' worth of current emissions from fossil fuels use — in the early 2000s, according to a comprehensive assessment of the world's carbon stocks.
NEPCON |
13 years 5 months ago
At an Environmental Finance conference this month, financers signalled strong interest to invest in forest carbon projects. Given that imminent investment is needed, how close are we to a framework that propels financers to back forestry? For the second year running, key actors from the finance...
The Guardian |
13 years 5 months ago