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News articles on avoided deforestation
Mongabay.com news articles on avoided deforestation in blog format. Updated regularly.
(05/14/2008) The government of the Indonesian province of Papua has entered into an agreement with an Australian financial firm to establish a forestry-based carbon finance project on the island of New Guinea.
No sacrifices to ending deforestation in the Amazon, only gains
(04/29/2008) Regular columnist and co-creator of Brazil's environmental news website, O Eco, Sergio Abranches has great credibility in Brazil's eco-awakening. A professor of political science, Abranches uses his unique talents to reach a widening audience in Brazil for environmental, energy, and climate change news and discussion. He speaks expertly on any number of topics: from Amazonian deforestation to the current food crises to economic and political transformations for a warming world.
Rainforest peoples form alliance to demand payments for forest carbon credits
(04/07/2008) Rainforest peoples from 11 nations have formed a coalition to demand a greater say in future climate negotiations.
Global warming solutions are harming indigenous people, says U.N.
(04/02/2008) Large-scale solutions intended to help mitigate global warming are harming the very indigenous people who are likely to bear the brunt of climate change, warned the United Nations University (UNU) at a conference in Darwin, Australia.
Investing to save rainforests
(04/02/2008) Last week London-based Canopy Capital, a private equity firm, announced a historic deal to preserve the rainforest of Iwokrama, a 371,000-hectare reserve in the South American country of Guyana. In exchange for funding a "significant" part of Iwokrama's $1.2 million research and conservation program on an ongoing basis, Canopy Capital secured the right to develop value for environmental services provided by the reserve. Essentially the financial firm has bet that the services generated by a living rainforest — including rainfall generation, climate regulation, biodiversity maintenance and carbon storage — will eventually be valuable in international markets. Hylton Murray-Philipson, director of Canopy Capital, says the agreement — which returns 80 percent of the proceeds to the people of Guyana — could set the stage for an era where forest conservation is driven by the pursuit of profit rather than overt altruistic concerns.
Private equity firm buys rights to ecosystem services of Guyana rainforest
(03/27/2008) A private equity firm has purchased the rights to environmental services generated by 371,000 hectare rainforest reserve in Guyana. Terms of the deal were not disclosed, but the agreement is precedent-setting in that a financial firm is betting that the services generated by a living rainforest — including rainfall generation, climate regulation, biodiversity maintenance and water storage — will eventually see compensation in international markets.
Markets could save forests: An interview with Dr. Tom Lovejoy
(03/20/2008) Market mechanisms are increasingly seen as a way to address environmental problems, including tropical deforestation. In particular, compensation for ecosystem services like carbon sequestration — a concept known by the acronym REDD for "reducing emissions from deforestation and degradation" — may someday make conservation a profitable enterprise in which carbon traders are effectively saving rainforests simply by their pursuit of profit. Protecting rainforests and their resident biodiversity would be an unintentional, but happy byproduct of profit-seeking endeavors.
Merrill Lynch invests $9M in rainforest conservation, expects profit
(03/12/2008) Merrill Lynch's investment in a rainforest conservation project in the Indonesian province of Aceh is worth $9 million over four years, reports Thomas Wright of The Wall Street Journal.
Accurate forest data will help guide climate policy
(03/10/2008) As forests are increasingly seen as a means for fighting climate change, proper forest assessment becomes all the more important. The Food and Agriculture Organization of the U.N. (FAO) says it will call on member states to provide "accurate data". FAO data has been criticized by analysts for offering an incomplete picture of forest cover and trends.
Why Europe torpedoed the REDD forests-for-carbon credits initiative
(03/05/2008) Reducing emissions from deforestation and forest degradation (REDD) has been widely lauded as a mechanism that could fund forest conservation and poverty alleviation efforts while fighting climate change. At the December U.N. climate meeting in Bali, delegates agreed to include REDD in future discussions on a new global warming treaty — a move that could eventually lead to the transfer of billions of dollars from industrialized countries to tropical nations for the purpose of slowing greenhouse gas emissions by reducing deforestation rates. conservationists and scientists applauded the decision.
$100 billion worth of carbon released from deforestation in Riau, Sumatra
(02/27/2008) A WWF study found that deforestation of nearly 10.5 million acres of tropical forests and peat swamp in central Sumatra's Riau Province over the past 25 years has generated 3.7 gigatons of carbon dioxide. Based on today's $32 closing price for a ton of carbon dioxide for European Union Allowances, the emissions had a theoretical trading value of $118 billion, assuming they could have been traded at the full E.U. carbon price at the time (voluntary offsets would have been worth about $13 billion).
Complete map of world forests to help REDD carbon trading initiative
(02/27/2008) Policymakers, conservationists and scientists have high hopes that REDD, a mechanism for compensating countries for reducing emissions from deforestation and forest degradation, will spur a massive flow of funds to tropical countries, helping preserve rainforests and delivering economic benefits to impoverished rural communities. To date, one of the biggest hurdles for the initiative has been establishing a baseline for deforestation rates -- in order to compensate countries for "avoided deforestation" it first must be known how much forest the country has been losing on a historical basis. Until now, with some notable exceptions, this data was based largely on spotty satellite assessment and surveys of national forestry departments by the U.N. Food and Agricultural Organization.
Half the Amazon rainforest will be lost within 20 years
(02/27/2008) More than half the Amazon rainforest will be damaged or destroyed within 20 years if deforestation, forest fires, and climate trends continue apace, warns a study published in Philosophical Transactions of the Royal Society B. Reviewing recent trends in economic, ecological and climatic processes in Amazonia, Daniel Nepstad and colleagues forecast that 55 percent of Amazon forests will be "cleared, logged, damaged by drought, or burned" in the next 20 years. The damage will release 15-26 billion tons of carbon into the atmosphere, adding to a feedback cycle that will worsen both warming and forest degradation in the region. While the projections are bleak, the authors are hopeful that emerging trends could reduce the likelihood of a near-term die-back. These include the growing concern in commodity markets on the environmental performance of ranchers and farmers; greater investment in fire control mechanisms among owners of fire-sensitive investments; emergence of a carbon market for forest-based offsets; and the establishment of protected areas in regions where development is fast-expanding.
Carbon trading could protect forests, reduce rural poverty
(02/26/2008) Carbon trading from avoided deforestation (REDD) credits could yield billions of dollars for tropical countries, according to analysis by mongabay.com, a leading tropical forest web site.
Reducing deforestation rates 10% could generate $13B in carbon trading under REDD
(02/25/2008) Cutting global deforestation rates 10 percent could generate up to $13.5 billion in carbon credits under a reducing emissions from deforestation ("REDD") initiative approved at the U.N. climate talks in Bali this past December, estimate researchers writing in Philosophical Transactions of the Royal Society B. But the researchers caution there are still substantial obstacles to overcome before carbon-credits-for-rainforest-conservation becomes a reality.
Brazil's ecosystem payments system offers clues for REDD implementation
(02/24/2008) Brazil's existing system for environmental services payments could offer insight for implementing carbon-credits-for-forest-conservation (REDD) initiatives in the Amazon rainforest, argues a London School of Economics researcher in a new paper published in Philosophical Transactions of the Royal Society B.
Brazil seeks $1B/yr in donations to save the Amazon
(02/23/2008) Brazil will establish a donation-based fund to help finance conservation in the Amazon, according to Bloomberg. The announcement comes after deforestation rates spiked during the last five months of 2007.
Is Guyana's logging deal in its best interests?
(02/21/2008) In January Guyana awarded U.S. timber firm Simon & Shock International a 400,000-hectare (988,400-acre) logging concession near the Brazilian border. Final approval hinges on the completion of an environmental impact survey and a tree inventory. While Simon & Shock International says it plans to conduct selective logging, the firm has not announced whether it will seek Forest Stewardship Council certification, a mark for responsibly-harvested timber. Is there an alternative that can improve the lot for the average Guyanese? There may be. Last fall Guyana's President, Bharrat Jagdeo, hinted at the potential of using the country's forests as a giant carbon offset to counter climate change.
Prince Charles says protecting forests vital against climate change 'doomsday clock'
(02/15/2008) Long-time environmental activist, Prince Charles delivered an impassioned speech yesterday to the European Parliament on global warming and the importance of rainforest conservation in mitigating the crises.
Carbon traders, not conservationists, could save Cameroon rainforest
(02/15/2008) The government of Cameroon is looking to lease 830,000 hectares of biodiverse tropical forest to conservationists for an annual sum of $1.6 million. The problem? No conservation groups are interested. Apparently the asking price is too high, according to The Economist.
First rainforest-for-carbon-credits deal becomes a reality
(02/07/2008) Villagers in Aceh, the Indonesian province that suffered through three decades of civil war and lost some 170,000 people to the 2004 Indian Ocean tsunami, could soon see $26 million in carbon credits for protecting rainforests from logging under a deal announced today between conservationists, carbon traders, and the Aceh government.
Forests Finally Emerging as Climate Issue
(01/30/2008) The representatives of more than 100 countries in attendance at December's U.N. climate conference in Bali, Indonesia, finally focused on the important role tropical forests play in global warming.
55% of the Amazon may be lost by 2030
(01/23/2008) Cattle ranching, industrial soy farming, and logging are three of the leading drivers of deforestation in the Brazilian Amazon. As commodity prices continue to rise, driven by surging demand for biofuels and grain for meat production, the economic incentives for developing the Amazon increase. Already the largest exporter of beef and the second largest producer of soy - with the largest expanse of "undeveloped" but arable land of any country - Brazil is well on its way to rivaling the U.S. as the world's agricultural superpower. The trend towards turning the Amazon into a giant breadbasket seems unstoppable. Nevertheless the decision at the U.N. climate talks in Bali to include "Reducing Emissions From Deforestation and Degradation" (REDD) in future climate treaty negotiations may preempt this fate, says Dr. Daniel Nepstad, a scientist at the Woods Hole Research Institute.
The hidden value of Bali: Why saving the world's rainforests is good for the climate and the US economy
(01/10/2008) A few weeks ago, over 10,000 politicians, scientists, NGO representatives, and academics inundated Bali, Indonesia. The goal was to negotiate, lobby, and struggle through the increasingly complex web of international climate change policy. At the end of it all an agreement was reached as part of the "Bali Action Plan" to spend two more years negotiating on a future agreement that should include reducing deforestation in developing countries--something that currently accounts for up to 25% of global greenhouse gas emissions.
DR Congo has great potential for biofuels says U.N. official
(01/09/2008) A UN economist is touting the potential of DR Congo for industrial biofuels production, reports Reuters. In a telephone interview, Dr Schmidhuber said the worn-torn country could devote millions of acres for oil palm, soy, and other biofuel feedstocks.
Brazil bans illegal soy and cattle production in the Amazon rainforest
(12/24/2007) The Brazilian government launched a new initiative to slow deforestation in the Amazon, setting the stage for the country to potentially earn billions from carbon trading schemes set in motion two weeks ago at the U.N. climate meeting in Bali.
Could carbon credits-for-forest conservation (REDD) reduce terrorism and global warming?
(12/20/2007) Schemes to offer carbon credits for reducing deforestation rates in developing countries could improve American security by providing stable income to disaffected rural groups, argues a new Council on Foreign Relations report on the impact of climate change on U.S. national security.
Will carbon credits-for-forests scheme be undermined by carbon negative bioenergy?
(12/18/2007) The Indonesian government has signed an agreement with energy giant Total E&P Indonesia on a carbon capture and storage scheme that could eventually lead to the development of carbon negative bioenergy production in the southeast Asian country, reports Biopact. The deal raises fears that feedstock for production could lead to large-scale deforestation of the country's remaining forests and undermine efforts to push forest conservation-for-carbon credits (or REDD) initiatives.
Palm oil is a net source of CO2 emissions when produced on peatlands
(12/17/2007) Researchers have confirmed that converting peat forests for oil palm plantations results in a large net release of carbon dioxide, indicating industry claims that palm oil helps fight climate change are unfounded, at least when plantations are established in peatlands.
Photos: Two unknown mammal species discovered in "lost world"
(12/16/2007) Two mammal species -- a tiny possum and a giant rat — discovered on a recent expedition to Indonesia's remote Foja Mountains in New Guinea are likely new to science, report researchers from conservation International (CI) and Indonesia Institute of Science (LIPI). The area won international fame after a December 2005 survey turned up dozens of new species and gave urgency to conservation efforts in a region where logging and forest clearing for agriculture are a serious concern.
Bali delegates agree to support forests-for-climate (REDD) plan
(12/16/2007) Delegates meeting at the U.N. climate conference in Bali agreed to include forest conservation in future discussions on a new global warming treaty, reports the Associated Press. The move could lead to the transfer of billions of dollars -- in the form of carbon credits -- from industrialized countries to tropical nations for the purpose of slowing greenhouse gas emissions by reducing deforestation rates. Deforestation presently accounts for roughly 20 percent of anthropogenic emissions worldwide.
Communities must benefit for forest carbon schemes to be effective
(12/13/2007) Much has been promised by what avoided deforestation carbon credits can do to support forest protection, increase tax revenues, and develop sustainable rural economies in our Zamrud Khatulistiwa or Emerald on the Equator.
U.S. hijacks climate talks, kills rainforest conservation plan
(12/11/2007) The United States again wrought havoc at UN Climate Change talks. In the early morning hours of talks, as diplomats faced exhaustion, the United States pulled the equivalent of a diplomatic nuclear option, scuttling frantic global efforts to save tropical forests.
U.S. contributes $0 to World Bank's new $300m forest carbon fund
(12/11/2007) At U.N. climate talks in Bali, the World Bank officially unveiled its $300 million Forest Carbon Partnership Facility, a scheme that will offer tropical countries carbon offset credits to preserve forests.
10% of global CO2 emissions result from swamp destruction
(12/10/2007) More than 10 percent of annual carbon dioxide emissions result from the degradation and destruction of peat swamps, reports the first comprehensive global assessment on the links between peatland degradation and climate change.
Norway puts $560m toward rainforest conservation
(12/09/2007) Norway will commit NOK 3 billion ($560m) to rainforest conservation efforts in an effort to slow climate change, reports Aftenposten, a Norwegian newspaper.
Aceh, Papua, Amazonas governors sign carbon-for-forests pact
(12/08/2007) Three governors have signed the Forests Now Declaration to protect tropical forests for their carbon value. The Governors, Irwandi Yusuf (Aceh, Indonesia), Barnabas Suebu (Papua, Indonesia), and Eduardo Braga (Amazonas, Brazil), agreed to the declaration's action plan which calls for compensation for reduced greenhouse gas emissions from deforestation and protection of standing forests. Deforestation and forest degradation account for roughly 20 percent of human-caused greenhouse gas emissions, but steps to reduce forest loss will help mitigate climate change. The UK government's 2005 Stern Review said that forest protection could be one of the most cost-effective ways to address climate change.
Peatlands restoration is a cheap way to cut CO2 emissions
(12/07/2007) Rehabilitating damaged peatlands in Indonesia may be one of the most cost-effective ways to cut emissions of greenhouse gases, said an international NGO.
Rainforest logging moratorium established in Indonesian provinces, Amazonas state
(12/07/2007) Governors from the Brazilian state of Amazonas and the Indonesian provinces of Aceh, Papua and West Papua signed a historic agreement to protect threatened rainforests.
Bali talks update: Brazil blocks deforestation initiative, US stalls
(12/07/2007) Thousands of United Nation's delegates are convening over the next ten days to chart a new course for tackling climate change. One of the hottest topics at the United Nations Convention on Climate Change is Reducing Emissions from Deforestation in Developing Countries (REDD). Tropical deforestation causes 20% of global greenhouse gases. REDD is based on the principal that if the world wants to fight climate change and deforestation - conservation behvaior must be more profitable than destruction. The UN diplomats are trying to reach accord on new financial resources that will empower developing countries to slow down their rates of deforestation.
REDD will fail if needs of forest communities aren't addressed
(12/07/2007) Initiatives to reduce emissions by reducing tropical deforestation (REDD) will fail unless policymakers adequately address the underlying drivers of forest degradation and destruction, argues a new report published by the Center for International Forestry Research (CIFOR).
Global warming accelerates destruction of the Amazon
(12/06/2007) Deforestation and climate change could damage or destroy as much as 60 percent of the Amazon rainforest by 2030, according to a new report from environmental group WWF. The report, The Amazon's Vicious Cycles: Drought and Fire in the Greenhouse, shows that degradation in the Amazon could release 55-97 million tons of carbon dioxide by 2030. Forest loss could also dramatically impact water cycles in the region, affecting rainfall that is critical for river flows and agriculture.
Merrill Lynch announces carbon credits-for-forest conservation partnership
(12/06/2007) Merrill Lynch is working with Carbon conservation, an ecosystem services firms, to explore opportunities in avoided deforestation and integrated sustainable land management. The partnership was announced Thursday in Bali, Indonesia, where more than 10,000 policymakers, scientists, and activists are meeting to discuss a post-Kyoto framework on limiting climate change.
Tropical forests face huge threat from industrial agriculture
(12/05/2007) With forest conversion for large-scale agriculture rapidly emerging as a leading driver of tropical deforestation, a new report from the Woods Hole Research Center (WHRC) suggests the trend is likely to continue with Brazil, the Democratic Republic of the Congo, Indonesia, Peru, and Colombia containing 75 percent of the world's forested land that is highly suitable for industrial agriculture expansion. Nevertheless the study identifies forests that may be best suited (low population density, unsuitable climate and soils) for "Reduced Emissions from Deforestation and Degradation" (REDD) initiatives which compensate countries for preserving forest lands in exchange for carbon credits.
New satellite system will penetrate clouds to track deforestation
(12/05/2007) Satellite monitoring will play a critical role in any agreement that compensates tropical countries for preserving their forests, such as "Reduced Emissions from Deforestation and Degradation" (REDD) mechanisms currently under discussion at UN climate talks in Bali. Released Tuesday, a new study, "New Eyes in the Sky: Cloud-Free Tropical Forest Monitoring for REDD with the Japanese Advanced Land Observation Satellite (ALOS)", details significant advancements in the field of remote sensing of forests.
Returns from carbon offsets could beat palm oil in Congo DRC
(12/04/2007) A proposal to pay the Democratic of Congo (DRC) for reducing deforestation could add 15-50 percent to the amount of international aid given to the warn-torn country, reports a new study published by scientists at the Woods Hole Research Center (WHRC). The funds would help alleviate rural poverty while cutting emissions of greenhouse gases and protecting threatened biodiversity.
Amazon deforestation could be eliminated with carbon priced at $3
(12/04/2007) The Amazon rainforest could play a major part in reducing greenhouse gas emissions that result from deforestation, reports a new study published by scientists at the Woods Hole Research Center, the Instituto de Pesquisa Ambiental da Amazônia, and the Universidade Federal de Minas Gerais. At a carbon price of $3 per ton, protecting the Amazon for its carbon value could outweigh the opportunity costs of forgoing logging, cattle ranching, and soy expansion in the region. 2008 certified emission-reduction credits for carbon currently trade at more than $90 per ton ($25 per ton of CO2).
Forest carbon may not fully offset fossil carbon, says expert
(12/03/2007) As policymakers meet in Bali, Indonesia to discuss various mechanisms for mitigating greenhouse emissions, a tropical ecologist from Sri Lanka warns that one ton of forest carbon is not equal to one ton of fossil carbon when it comes to using offsets to fight global warming. The implications: considerably larger forest areas (preferably old growth since it has higher carbon values than plantations) would need to be protected and reforested than are presently anticipated by most policymakers.
Could the carbon market save the Amazon rainforest?
(11/29/2007) The global carbon market could play a key role in saving the Amazon from the effects of climate change and economic development, which could otherwise trigger dramatic ecological changes, reports a new paper published in Science. The authors argue that a well-articulated plan, financed by carbon markets, could prevent the worst outcomes for the Amazon forest while generating economic benefits for the region's inhabitants.
Ground-breaking Amazon rainforest imagery will help monitor deforestation
(11/27/2007) Scientists have developed a ground-breaking high resolution snapshot of 400,000 square kilometers of Amazon rainforest. The work will help researchers remotely monitor deforestation, according to the Woods Hole Research Center (WHRC).
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