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News articles on avoided deforestation
Mongabay.com news articles on avoided deforestation in blog format. Updated regularly.
(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).
Guyana's forests offered as massive carbon offset
(11/26/2007) Guyana has offered up the entirity of its remaining forest cover as a giant carbon offset, reports The Independent.
Carbon offset returns beat forest conversion for agriculture in Indonesia
(11/21/2007) Conversion of forests and peatlands for agriculture in Indonesia has generated little economic benefit while releasing substantial amounts of greenhouse gases into the atmosphere, reports a new study from the the World Agroforestry Centre (ICRAF), the Center for International Forestry Research (CIFOR) and their Indonesian partners.
Indonesia will need 7 years to stop illegal logging
(11/16/2007) Indonesia will take seven years to stop illegal logging and deforestation, said the country's minister of forestry.
Carbon-negative bioenergy to cut global warming could drive deforestation
(11/06/2007) A proposed mechanism for generating carbon-negative bioenergy -- an energy source that reduces atmospheric carbon dioxide levels -- could drive large-scale deforestation in the tropics and undermine efforts to conserve forests for carbon offsets says a biofuel expert.
Avoided deforestation beats timber, palm oil, in tax revenue for Indonesia
(10/29/2007) Indonesia could more than double its tax revenue by protecting forests and selling the resulting carbon emission credits instead of timber and palm oil, a University of Michigan researcher told Bloomberg.
World Bank offers $300M for forest conservation, emissions reductions
(10/15/2007) Tropical forest countries will be eligible for payments for preventing deforestation under a program unveiled last week by the World Bank.
Carbon for forests will help Aceh recover from war, tsunami
(09/18/2007) Carbon credits through forest conservation will play an important role in Aceh's recovery from decades of civil war and the devastating 2004 tsunami, which left more than 167,000 people dead and 500,000 homeless in the Indonesia province, said Aceh governor Irwandi Jusuf in meeting in San Francisco.
Do Costa Rica's payments for environmental services work?
(09/17/2007) While Costa Rica is now known as a world leader for conservation policies and ecotourism, the Central American country had some of the world's highest deforestation rates prior to establishing its reputation. Clearing for cattle pasture and agriculture destroyed much of the country's biodiverse rainforests in the 1960s and 1970s.
Environmentalists announce support for carbon trading
(09/14/2007) A coalition of environmental groups announced it will support the development of carbon trading policies that help protect tropical rainforests and other important ecosystems, noting that "conservation alone has proven no match for commerce."
Rainforest countries form pact to push global warming solutions
(09/13/2007) Eight tropical countries containing 80 percent of the world's remaining tropical forest cover have formed an alliance to have forest conservation included in a post-Kyoto agreement on climate change, reports the Financial Times. The "Forestry Eight", as the group is called, includes Brazil, Malaysia, Papua New Guinea, Gabon, Cameroon, Costa Rica, Congo and Indonesia.
Australia puts $100M toward protecting forest in Borneo
(09/09/2007) Australian and Indonesian ministers signed a AU$100 million ($82M) deal to protect highly threatened forests on the island of Borneo, according to the Sydney Morning Herald. Funds will go towards conservation and rehabilitation of degraded forests and peatlands.
Indonesia's peatlands may offer U.S. firms global warming offsets
(08/29/2007) The following is modified version of a letter I've used to pitch U.S. companies on the concept of carbon finance in Indonesia's peatlands. Discussions are slow and the critical December U.N. climate meeting is fast approaching, so I'm posting this as a tool to help you get American firms interested in avoided deforestation offsets. Please feel free to use, modify, and distribute this letter widely.
How private equity can profit from carbon offsets in Indonesia
(08/29/2007) The emerging carbon market for avoided deforestation presents unprecedented opportunities for private equity to make profitable investments that also help protect the environment. Indeed, for the first time, conservation may be associated with positive financial returns. Here's a brief look at how private equity and other investors can capitalize on this opportunity to earn attractive returns while fighting climate change, protecting ecosystem services, and safeguarding endangered species like orangutans.
Indonesia to push carbon-credits for peatlands conservation
(08/27/2007) Indonesia plans to seek carbon credits for protecting its carbon-rich peatlands, a forestry official said on Monday.
Could peatlands conservation be more profitable than palm oil?
(08/22/2007) This past June, World Bank published a report warning that climate change presents serious risks to Indonesia, including the possibility of losing 2,000 islands as sea levels rise. While this scenario is dire, proposed mechanisms for addressing climate change, notably carbon credits through avoided deforestation, offer a unique opportunity for Indonesia to strengthen its economy while demonstrating worldwide innovative political and environmental leadership. In a July 29th editorial we argued that in some cases, preserving ecosystems for carbon credits could be more valuable than conversion for oil palm plantations, providing higher tax revenue for the Indonesian treasury while at the same time offering attractive economic returns for investors.
Low deforestation countries to see least benefit from carbon trading
(08/13/2007) Countries that have done the best job protecting their tropical forests stand to gain the least from proposed incentives to combat global warming through carbon offsets, warns a new study published in Tuesday in the journal Public Library of Science Biology (PLoS). The authors say that "high forest cover with low rates of deforestation" (HFLD) nations "could become the most vulnerable targets for deforestation if the Kyoto Protocol and upcoming negotiations on carbon trading fail to include intact standing forest."
Temperate forests not a fix for global warming
(08/10/2007) Carbon sequestration projects in temperate regions -- already facing doubts by scientists -- were dealt another blow by Duke University-led research that found pine tree stands grown under elevated carbon dioxide conditions only store significant amounts of carbon when they receive sufficient amounts of water and nutrients.
Papua seeks funds for fighting global warming through forest conservation
(08/10/2007) In an article published today in The Wall Street Journal, Tom Wright profiles the nascent "avoided deforestation" carbon offset market in Indonesia's Papua province. Barnabas Suebu, governor of the province which makes up nearly half the island of New Guinea, has teamed with an Australian millionaire, Dorjee Sun, to develop a carbon offset plan that would see companies in developing countries pay for forest preservation in order to earn carbon credits. Compliance would be monitored via satellite.
Australia funds first global deforestation monitoring system
(07/23/2007) At a High Level Meeting on Forests and Climate being held in Sydney, Australia today announced a series of measures to slow deforestation and fight global warming.
Is peat swamp worth more than palm oil plantations?
(07/16/2007) Could peat swamp be worth more intact for their carbon value than palm oil plantations for their oil? Quick analysis suggests yes, though binding limits on emissions will be needed to trigger the largest ever flow of money from the industrialized world to developing countries. At stake: the bulk of the world's biodiversity.
Indonesia's peat swamps worth $39B/year
(07/11/2007) Indonesia's peat swamps are worth $39 billion in carbon credits per year, according to rough calculations by Bloomberg.
World Bank to raise $250M for avoided deforestation in tropics
(06/11/2007) The World Bank will soon launch an "avoided deforestation" pilot project that will pay tropical countries for preserving their forests, reports The Wall Street Journal. The $250 million fund will reward Indonesia, Brazil, Congo and other tropical forest countries for offsetting global warming emissions. Tropical deforestation accounts for roughly 20 percent of global greenhouse gas emissions, but slowing deforestation slows emissions of heat-trapping emissions. Researchers estimate that "avoided deforestation" schemes may be one of the most cost effective ways to slow climate change. Further, avoided deforestation offers simultaneous benefits including preservation of ecosystem services and biodiversity.
Can cattle ranchers and soy farmers save the Amazon?
(06/06/2007) John Cain Carter, a Texas rancher who moved to the heart of the Amazon 11 years ago and founded what is perhaps the most innovative organization working in the Amazon, Alianca da Terra, believes the only way to save the Amazon is through the market. Carter says that by giving producers incentives to reduce their impact on the forest, the market can succeed where conservation efforts have failed. What is most remarkable about Alianca's system is that it has the potential to be applied to any commodity anywhere in the world. That means palm oil in Borneo could be certified just as easily as sugar cane in Brazil or sheep in New Zealand. By addressing the supply chain, tracing agricultural products back to the specific fields where they were produced, the system offers perhaps the best market-based solution to combating deforestation. Combining these approaches with large-scale land conservation and scientific research offers what may be the best hope for saving the Amazon.
Globalization could save the Amazon rainforest
(06/03/2007) The Amazon basin is home to the world's largest rainforest, an ecosystem that supports perhaps 30 percent of the world's terrestrial species, stores vast amounts of carbon, and exerts considerable influence on global weather patterns and climate. Few would dispute that it is one of the planet's most important landscapes. Despite its scale, the Amazon is also one of the fastest changing ecosystems, largely as a result of human activities, including deforestation, forest fires, and, increasingly, climate change. Few people understand these impacts better than Dr. Daniel Nepstad, one of the world's foremost experts on the Amazon rainforest. Now head of the Woods Hole Research Center's Amazon program in Belem, Brazil, Nepstad has spent more than 23 years in the Amazon, studying subjects ranging from forest fires and forest management policy to sustainable development. Nepstad says the Amazon is presently at a point unlike any he's ever seen, one where there are unparalleled risks and opportunities. While he's hopeful about some of the trends, he knows the Amazon faces difficult and immediate challenges.
Indonesia could earn $100-$180 million from carbon trading
(05/28/2007) Indonesia says it hopes to soon see millions of dollars from carbon trading, reports the International Tropical Timber Organization (ITTO) in its latest update.
Extortion or global warming mitigation?
(05/24/2007) Marketwatch reported more details on Ecuador's proposal to forgo development of Amazonian oil fields in exchange for payments from industrialized nations. Last month Ecuadorian President Rafael Correa said that if the South American country is compensated with half of the forecasted lost revenues, it will not exploit oil in Yasuni National Park, setting aside the area for wildlife and indigenous people. Correa said the cost would be about $350 million per year.
Reducing tropical deforestation will help fight global warming
(05/10/2007) Scientists have lent support to a plan by developing countries to fight global warming by reducing deforestation rates. Tropical deforestation releases more than 1.5 billion metric tons of carbon into the atmosphere every year, though in some years, like the 1997-1998 el Nino year when fires released some 2 billion tons of carbon from peat swamps alone in Indonesia, emissions are more than twice that. Writing in the journal Science, an international team of scientists argue that the Reducing Emissions from Deforestation (RED) initiative, launched in 2005 by the United Nations Framework Convention on Climate Change, is scientifically and technologically sound, and that political and economic challenges facing the plan can be overcome.
Amazon rainforest locks up 11 years of CO2 emissions
(05/08/2007) The amount and distribution of above ground biomass (or the amount of carbon contained in vegetation) in the Amazon basin is largely unknown, making it difficult to estimate how much carbon dioxide is produced through deforestation and how much is sequestered through forest regrowth. To address this uncertainty, a team of scientists from Caltech, the Woods Hole Institute, and INPE (Brazil's space agency), have developed a new method to determine forest biomass using remote sensing and field plot measurements. The researchers say the work will help them better understand the role of Amazon rainforest in global climate change.
Global warming could cause catastrophic die-off of Amazon rainforest by 2080
(10/23/2006) For the Amazon, there is an immense threat looming on the horizon: climate change could well cause most of the Amazon rainforest to disappear by the end of the century. Dr. Philip Fearnside, a Research Professor at the National Institute for Research in the Amazon in Manaus, Brazil and one of the most cited scientists on the subject of climate change, understands the threat well. Having spent more than 30 years in Brazil and now recognized as one of the world's foremost experts on the Amazon rainforest, Fearnside is working to do nothing less than to save this remarkable ecosystem. Fearnside believes saving the Amazon will require a fundamental shift in perception where the Amazon is recognized as an asset beyond the current price of mahogany, soybeans, or cattle, where its value is only unlocked by its destruction. The Amazon is far worth more than this he says. It can play a key role in fighting climate change while providing economic sustenance for millions through sustainable agriculture and rational utilization of its renewable products. It can serve as a storehouse for biodiversity while at the same time ensuring reliable water supplies and moderating regional temperature and precipitation. In short, maintaining the Amazon as a viable ecosystem makes sense economically and ecologically -- it is in our best interest to preserve this resource while we still can.
Bolivian rainforest certified to reduce greenhouse gas emissions
(12/20/2005) The Bolivian government, The Nature Conservancy and the Bolivian conservation organization Fundación Amigos de la Naturaleza announced that the Noel Kempff Mercado Climate Action Project is the first conservation-based initiative in the world to be fully certified for reducing greenhouse gas emissions using internationally accepted standards.
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