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News articles on carbon offsets
Mongabay.com news articles on carbon offsets in blog format. Updated regularly.
(01/22/2014) The European Commission has proposed setting a binding greenhouse gas emissions reduction target of 40 percent below 1990 levels for 2030, reports Thomson Reuters Point Carbon.
California's next innovation: performance-based rainforest conservation (Commentary)
(07/22/2013) Californians are known as innovation leaders, and once again, we are on the verge of demonstrating critical leadership. Only this time it isn’t about the Internet, social networking, reality television, venture capital or electric cars. It is about stopping tropical deforestation and supporting local communities. 'What!?' you say? How is the great state of California, home of bankrupt and massive, thirsty desert cities and Silicon Valley, a place that elected such juggernauts of history as Ronald Reagan and Arnold Schwarzenegger, about to lead in avoiding tropical deforestation?
Panel lays out best practices for REDD+ credits in California's carbon market
(07/19/2013) A panel of scientific experts has released a final report outlining how carbon credits generated from tropical forest conservation could be used under California's cap-and-trade system while minimizing risks to forest-dependent communities and wildlife.
Market for REDD+ carbon credits declines 8% in 2012
(05/30/2013) The market for carbon credits generated from projects that reduce deforestation and forest degradation — a climate change mitigation approach known as REDD+ — dipped eight percent in 2012 according to an annual assessment of the global voluntary carbon market.
Commentary: Protecting the people, not the polluters, says Greenpeace
(09/27/2012) Greenpeace is dedicated to ending deforestation and preventing catastrophic climate change. We are often recognized for putting our lives and freedoms on the line to accomplish these goals. In the U.S. alone, Greenpeace is campaigning to save ancient forests, speaking out against the coal industry; mobilizing millions to save the arctic from new oil drilling; and pushing key industries to commit to renewable energy.
Greenpeace targets forest carbon offsets in California's cap-and-trade
(09/25/2012) California's inclusion of forest conservation-based carbon offsets in its climate change legislation may not lead to net reductions in greenhouse gas emissions and could exacerbate social conflict in places like southern Mexico, argues a report released Monday by Greenpeace. But the activist group faced sharp criticism from backers of California's initiative.
Madagascar gets biggest protected area
(08/17/2012) Madagascar officially designated its largest protected area in a region renowned for its tropical rainforests and rich diversity of wildlife, including 20 species of lemurs, reports the Wildlife Conservation Society (WCS), a group that was instrumental in establishing the park. Makira Natural Park covers some 372,470 hectares of forest in northeastern Madagascar, the most biodiverse part of the island nation.
Voluntary carbon market reaches $576 m in 2011
(06/01/2012) The voluntary carbon offset market reached a three-year high in 2011, according to the State of the Voluntary Carbon Markets report released this week.
Featured video: How to save the Amazon
(04/22/2012) The past ten years have seen unprecedented progress in fighting deforestation in the Amazon. Indigenous rights, payments for ecosystem services, government enforcement, satellite imagery, and a spirit of cooperation amongst old foes has resulted in a decline of 80 percent in Brazil's deforestation rates.
For Earth Day, 17 celebrated scientists on how to make a better world
(04/22/2012) Seventeen top scientists and four acclaimed conservation organizations have called for radical action to create a better world for this and future generations. Compiled by 21 past winners of the prestigious Blue Planet Prize, a new paper recommends solutions for some of the world's most pressing problems including climate change, poverty, and mass extinction. The paper, entitled Environment and Development Challenges: The Imperative to Act, was recently presented at the UN Environment Program governing council meeting in Nairobi, Kenya.
Brazil's indigenous affairs ministry: $32B carbon deal not valid
(03/28/2012) An apparent carbon deal between an Irish carbon trading company and an indigenous tribe that sparked outrage in Brazil is "invalid" according to the president of FUNAI, Brazil's indigenous affairs agency.
California cap-and-trade law spurs U.S. forest carbon projects
(02/15/2012) Now that California's carbon market has arrived, an Australian-based company that specializes in forest carbon offsets has jump started two forest projects with private landowners in the western U.S. The new company, Forest Carbon Partners, will make the projects available as carbon offsets for California polluters.
Deforestation could be stopped by 2020
(11/28/2011) If governments commit to an international program to save forests known as REDD+, deforestation could be nearly zero in less than a decade, argues the Living Forests Report from the World Wide Fund for Nature (WWF). REDD+, which stands for Reduced Emissions from Deforestation and Degradation, is a program that would pay developing nations to preserve forests for their ability to sequester carbon. Government officials begin meeting tomorrow in Durban, South Africa for the 17th UN climate summit, and REDD+ will be among many topics discussed.
Australia passes national carbon trading scheme for agriculture, forestry
(08/22/2011) Australia's parliament passed the world's first national carbon trading scheme for credits generated from farming and forestry, reports Reuters.
U.S. tribes to explore forest carbon opportunities
(06/22/2011) Tribes in Washington state will participate in a pilot project to test the feasibility of developing forest carbon projects on tribal lands, reports EcoAnalytics, a carbon advisory firm involved in the deal.
Ahead of meeting, Forest Stewardship Council (FSC) loses another supporter
(06/19/2011) The forest organization, FERN, has pulled its support from the Forest Stewardship Council (FSC), reports FSC-Watch. FERN has quit the increasingly troubled organization due to FSC pursuing carbon credits through forestry. The FSC loses FERN just weeks before its 6th General Assembly, in which FSC partners—including private corporations and some environmental groups—will meet to debate current practices.
How do we save Africa's forests?
(06/19/2011) Africa's forests are fast diminishing to the detriment of climate, biodiversity, and millions of people of dependent on forest resources for their well-being. But is the full conservation of Africa's forests necessary to mitigate global climate change and ensure environmental stability in Africa? A new report by The Forest Philanthropy Action Network (FPAN), a non-profit that provides research-based advice on funding forest conservation, argues that only the full conservation of African forests will successfully protect carbon stocks in Africa.
Environment versus economy: local communities find economic benefits from living next to conservation areas
(06/12/2011) While few would question that conserving a certain percentage of land or water is good for society overall, it has long been believed that protected areas economically impoverish, rather than enrich, communities living adjacent to them. Many communities worldwide have protested against the establishment of conservation areas near them, fearing that less access and increased regulations would imperil their livelihoods. However, a surprising study overturns the common wisdom: showing that, at least in Thailand and Costa Rica, protected areas actually boost local economies and decrease poverty.
PUMA goes carbon neutral by protecting lions in Kenya
(03/23/2011) PUMA, the sporting goods brand, and its parent company PPR will offset their 2010 carbon dioxide emissions by purchasing carbon credits generated through conservation of wildlife habitat in Kenya.
Open source forest accounting methodology for REDD projects developed
(03/17/2011) Avoided Deforestation Partners, a forest conservation group, has coordinated the development of an "open source" forest carbon accounting methodology that could help speed projects aiming to reduce greenhouse gas emissions from deforestation and degradation. The group says the new protocols could substantially reduce the cost of establishing forest carbon conservation projects under the REDD mechanism. Carbon accounting and methodology costs can easily top $100,000, making it difficult for small projects to win certification.
Carbon criminals make off with $38 million in carbon credits heist
(01/25/2011) Cyberthieves who hacked the Czech carbon registry on Tuesday had intimate knowledge of different registries. They acted just days before a key security upgrade would have made the heist impossible, then sold the credits immediately – keeping the cash and letting the credits bounce around the system. Participants are now bracing for a fight over who will bear the loss.
Carbon credits 'stolen'
(01/20/2011) The European Union temporarily shut down its carbon market after a security breach, reports Point Carbon.
Will Indonesia's big REDD rainforest deal work?
(12/28/2010) Flying in a plane over the Indonesian half of the island of New Guinea, rainforest stretches like a sea of green, broken only by rugged mountain ranges and winding rivers. The broccoli-like canopy shows little sign of human influence. But as you near Jayapura, the provincial capital of Papua, the tree cover becomes patchier—a sign of logging—and red scars from mining appear before giving way to the monotonous dark green of oil palm plantations and finally grasslands and urban areas. The scene is not unique to Indonesian New Guinea; it has been repeated across the world's largest archipelago for decades, partly a consequence of agricultural expansion by small farmers, but increasingly a product of extractive industries, especially the logging, plantation, and mining sectors. Papua, in fact, is Indonesia's last frontier and therefore represents two diverging options for the country's development path: continued deforestation and degradation of forests under a business-as-usual approach or a shift toward a fundamentally different and unproven model based on greater transparency and careful stewardship of its forest resources.
California approves cap-and-trade under global warming law
(12/17/2010) The California Air Resources Board voted 9-1 to adopt cap and trade regulations for AB32, California's 2006 climate law. The move, which establishes the first compliance carbon trading system in the United States, opens the door for carbon offsets generated via forest conservation projects.
Guyana: where's the money pledged for saving rainforests?
(12/09/2010) Funds ostensibly set aside to reward tropical countries for protecting their rainforests are being held up, threatening to exhaust the political capital needed to advance the proposed reducing emissions from deforestation and degradation (REDD) mechanism before it even gets off the ground, warned the president of Guyana during a lively panel organized by Avoided Deforestation Partners on the sidelines of UN climate talks in Cancun, Mexico.
Can RED Hot California Heat Up A Sedated Cancun?
(12/07/2010) In his concession speech after the 2010 mid-term elections, President Obama said that prospects for meaningful U.S. climate change legislation are doubtful and will be for years. With the US and the international community unable to take even modest steps to combat global warming, the State of California has stepped up in a big, big way. Despite record unemployment rates, deficits and unemployment, California voters trounced a measure that would have suspended AB 32, California's landmark climate change law. California's AB 32 cap and trade program will soon be the biggest market for compliance emission reductions outside of Europe. In the wreckage of the Copenhagen talks and the new political landscape in America, California is the most dynamic jurisdiction for climate change implementation.
Stymied by lack of global climate deal, states develop own low carbon accord
(11/17/2010) California and other states launched an international initiative that will work toward reducing greenhouse gas emissions and transitioning toward a low carbon economy in the absence of a global climate deal.
Oil palm plantations on peatlands won't get carbon credits under CDM
(09/19/2010) Plantations on peatlands will no longer be supported by the Clean Development Mechanism (CDM), a framework for industrialized countries to reduce their emissions via projects in developing countries, reports Wetlands International.
Gazprom, Shell and Clinton Foundation back rainforest carbon deal in Borneo
(08/24/2010) A forest conservation project backed by Shell, Gazprom Market and Trading and the Clinton Foundation on the island of Borneo has won approval under a carbon accounting standard, reports Reuters.
Reforestation of rainforests sequesters more carbon than plantations
(08/03/2010) A new study in Ecological Management & Restoration has found that reforesting rainforest captures more carbon than monoculture plantation and even mixed species plantations. The research tested three projects in north-eastern Australia: a rainforest reforesting project using a variety of native trees, a mixed species plantation, and a monoculture plantation of conifers.
Scientists sound warning on forest carbon payment scheme
(07/22/2010) Scientists convening in Bali expressed a range of concerns over a proposed mechanism for mitigating climate change through forest conservation, but some remained hopeful the idea could deliver long-term protection to forests, ease the transition to a low-carbon economy, and generate benefits to forest-dependent people.
U.S. farms and forests report draws ire in Brazil; cutting down the Amazon does not mean lower food prices
(06/24/2010) Not surprisingly, a US report released last week which argued that saving forests abroad will help US agricultural producers by reducing international competition has raised hackles in tropical forest counties. The report, commissioned by Avoided Deforestation Partners, a US group pushing for including tropical forest conservation in US climate policy, and the National Farmers Union, a lobbying firm, has threatened to erode support for stopping deforestation in places like Brazil. However, two rebuttals have been issued, one from international environmental organizations and the other from Brazilian NGOs, that counter findings in the US report and urge unity in stopping deforestation, not for the economic betterment of US producers, but for everyone.
Saving tropical forests helps protects U.S. agriculture, argues campaign
(06/18/2010) Reducing deforestation abroad helps protect the U.S. agricultural sector by ensuring higher prices for commodities and reducing the cost of compliance with expected climate regulations, argues a new report issued by Avoided Deforestation Partners, a group pushing for the inclusion of tropical forests in domestic climate policy, and the National Farmers Union, a farming lobby group.
Voluntary carbon markets plunge in 2009
(06/14/2010) Battered by a faltering world economy and lack of progress on U.S. climate legislation, voluntary carbon markets declined by nearly every measure in 2009, according to the fourth annual State of the Voluntary Carbon Market Report issued today by Ecosystem Marketplace and Bloomberg New Energy Finance.
Indonesia's plan to save its rainforests
(06/14/2010) Late last year Indonesia made global headlines with a bold pledge to reduce deforestation, which claimed nearly 28 million hectares (108,000 square miles) of forest between 1990 and 2005 and is the source of about 80 percent of the country's greenhouse gas emissions. President Susilo Bambang Yudhoyono said Indonesia would voluntarily cut emissions 26 percent — and up to 41 percent with sufficient international support — from a projected baseline by 2020. Last month, Indonesia began to finally detail its plan, which includes a two-year moratorium on new forestry concession on rainforest lands and peat swamps and will be supported over the next five years by a one billion dollar contribution by Norway, under the Scandinavian nation's International Climate and Forests Initiative. In an interview with mongabay.com, Agus Purnomo and Yani Saloh of Indonesia's National Climate Change Council to the President discussed the new forest program and Norway's billion dollar commitment.
Massive forest carbon scam alleged in Liberia
(06/10/2010) Liberian President Ellen Johnson Sirleaf established a commission investigate a proposed forest carbon credit deal between the West African nation's Forest Development Authority (FDA) and UK-based Carbon Harvesting Corporation, reports Global Witness, an NGO that originally raised concerns about the scheme, which aimed to secure around a fifth of Liberia's total forest area — 400,000 hectares — in a forest carbon concession.
Indonesia identifies possible sites for forest conservation pilot project
(06/06/2010) The government of Indonesia has named four forests which could serve as pilot projects for its conservation deal with Norway, according to the Jakarta Post. The deal, including a billion US dollar donation from Norway, is meant to help Indonesia stem rampant deforestation throughout the nation, which has pushed Indonesia to become the world's third highest greenhouse gas emitter.
A total ban on primary forest logging needed to save the world, an interview with activist Glen Barry
(06/02/2010) Radical, controversial, ahead-of-his-time, brilliant, or extremist: call Dr. Glen Barry, the head of Ecological Internet, what you will, but there is no question that his environmental advocacy group has achieved major successes in the past years, even if many of these are below the radar of big conservation groups and mainstream media. "We tend to be a little different than many organizations in that we do take a deep ecology, or biocentric approach," Barry says of the organization he heads. "[Ecological Internet] is very, very concerned about the state of the planet. It is my analysis that we have passed the carrying capacity of the Earth, that in several matters we have crossed different ecosystem tipping points or are near doing so. And we really act with more urgency, and more ecological science, than I think the average campaign organization."
Indonesia announces moratorium on granting new forest concessions
(05/28/2010) With one of the highest rates of deforestation in the world, the world's third largest greenhouse gas emissions due mostly to forest loss, and with a rich biodiversity that is fighting to survive amid large-scale habitat loss, Indonesia today announced a deal that may be the beginning of stopping forest loss in the Southeast Asian country. Indonesia announced a two year moratorium on granting new concessions of rainforest and peat forest for clearing in Oslo, Norway, however concessions already granted to companies will not be stopped. The announcement came as Indonesia received 1 billion US dollars from Norway to help the country stop deforestation.
Can markets protect nature?
(05/03/2010) Over the past 30 years billions of dollars has been committed to global conservation efforts, yet forests continue to fall, largely a consequence of economic drivers, including surging global demand for food and fuel. With consumption expected to far outstrip population growth due to rising affluence in developing countries, there would seem to be little hope of slowing tropical forest loss. But some observers see new reason for optimism—chiefly a new push to make forests more valuable as living entities than chopped down for the production of timber, animal feed, biofuels, and meat. While are innumerable reasons for protecting forests—including aesthetic, cultural, spiritual, and moral—most land use decisions boil down to economics. Therefore creating economic incentives to maintaining forests is key to saving them. Leading the effort to develop markets ecosystem services is Forest Trends, a Washington D.C.-based NGO that also organizes the Katoomba group, a forum that brings together a wide variety of forest stakeholders, including the private sector, local communities, indigenous people, policymakers, international development institutions, funders, conservationists, and activists.
Guyana bans gold mining in the 'Land of the Giants'
(03/01/2010) Guyana has banned gold dredging in the Rewa Head region of the South American country after pressure from Amerindian communities in the area. A recent expedition to Rewa Head turned up unspoiled wilderness and mind-boggling biodiversity. The researchers, in just six weeks, stumbled on the world's largest snake (anaconda), spider (the aptly named goliath bird-eating spider), armadillo (the giant armadillo), anteater (the giant anteater), and otter (the giant otter), leading them to dub the area 'the Land of the Giants'. "During our brief survey we had encounters with wildlife that tropical biologists can spend years in the field waiting for. On a single day we had two tapirs paddle alongside our boat, we were swooped on by a crested eagle and then later charged by a group of giant otters."
James Hansen says Copenhagen approach "fundamentally wrong" would be better to "reassess"
(12/03/2009) James Hansen, one of the world's foremost climatologists, told the Guardian today that he believes the Copenhagen talks are flawed to the point where failure of the talks may be the best way forward. "The approach that is being talked about is so fundamentally wrong that it would be better to reassess," Hansen said.
Deforestation emissions should be shared between producer and consumer, argues study
(11/19/2009) Under the Kyoto Protocol the nation that produces carbon emission takes responsibility for them, but what about when the country is producing carbon-intensive goods for consumer demand beyond its borders? For example while China is now the world's highest carbon emitter, 50 percent of its growth over the last year was due to producing goods for wealthy countries like the EU and the United States which have, in a sense, outsourced their manufacturing emissions to China. A new study in Environmental Research Letters presents a possible model for making certain that both producer and consumer share responsibility for emissions in an area so far neglected by studies of this kind: deforestation and land-use change.
New report: boreal forests contain more carbon than tropical forest per hectare
(11/12/2009) A new report states that boreal forests store nearly twice as much carbon as tropical forests per hectare: a fact which researchers say should make the conservation of boreal forests as important as tropical in climate change negotiations. The report from the Canadian Boreal Initiative and the Boreal Songbird Initiative, entitled "The Carbon the World Forgot", estimates that the boreal forest—which survives in massive swathes across Alaska, Canada, Northern Europe, and Russia—stores 22 percent of all carbon on the earth's land surface. According to the study the boreal contains 703 gigatons of carbon, while the world's tropical forests contain 375 gigatons.
Disney commits $4 million to rainforest conservation in the Amazon, Congo
(11/03/2009) The Walt Disney Company will invest $7 million in forest conservation projects in the U.S., the Congo Basin, and the Amazon in an effort to reduce its greenhouse gas emissions.
Will Ecuador's plan to raise money for not drilling oil in the Amazon succeed?
(10/27/2009) Ecuador's Yasuni National Park is full of wealth: it is one of the richest places on earth in terms of biodiversity; it is home to the indigenous Waorani people, as well as several uncontacted tribes; and the park's forest and soil provides a massive carbon sink. However, Yasuni National Park also sits on wealth of a different kind: one billion barrels of oil remain locked under the pristine rainforest.
Logged forests support biodiversity after 15 years of rehabilitation, but not if turned into plantations
(10/21/2009) With the world facing global warming and a biodiversity crisis, a new study shows that within 15 years logged forests—considered by many to be 'degraded'—can be managed in order to successfully fight both climate change and extinction.
Curtailing tropical deforestation vital to U.S. interests
(10/08/2009) Curtailing tropical deforestation is vital to U.S. national interests as a cost-effective means to slow climate change, argues a new report issued by the bipartisan Commission on Climate and Tropical Forests. Deforestation accounts for roughly one-sixth of global carbon dioxide emissions, more than the entire transportation sector.
Private U.S. landowners may qualify for carbon payments under proposed legislation
(10/07/2009) Have you ever found yourself wondering what your backyard is worth in carbon? It may seem like a silly question – especially when deforestation in rainforest nations with millions of acres of tropical forest are spewing more CO2 into the atmosphere than any single industry – but small-scale deforestation in the developed world adds up. Now, eight US Senators, who have sponsored a bipartisan bill in the United States to supplement the American Clean Energy and Security Act, aim to prove that small-scale forest projects are nothing to sneeze at.
Voluntary Carbon Standard tops assessment of forestry carbon standards
(09/20/2009) The Voluntary Carbon Standard (VCS) tops the rankings of a recent assessment gauging various standards for forestry carbon credits.
Innovative reforestation project threatened by 'regime change' in Madagascar, an interview with Rainer Dolch
(09/16/2009) In Madagascar the TAMS Program (Tetik'asa Mampody Savoka, meaning "the project to bring back the forest") is under threat due to the new government's unwillingness to provide funding. The current government, after gaining power in a coup this year, has frozen all funds slated for the project and has yet to sign a carbon credit agreement with the World Bank which would bring much needed funding. "It remains to be seen if the recognition or not of Madagascar's transitional Government will lead to signing the contract with the World Bank in the near future. This is of course essential for the continuity of the project and its future," Rainer Dolch told Monagaby.com in an interview.
Concerns over deforestation may drive new approach to cattle ranching in the Amazon
(09/08/2009) While you're browsing the mall for running shoes, the Amazon rainforest is probably the farthest thing from your mind. Perhaps it shouldn't be. The globalization of commodity supply chains has created links between consumer products and distant ecosystems like the Amazon. Shoes sold in downtown Manhattan may have been assembled in Vietnam using leather supplied from a Brazilian processor that subcontracted to a rancher in the Amazon. But while demand for these products is currently driving environmental degradation, this connection may also hold the key to slowing the destruction of Earth's largest rainforest.
Germany to pay Ecuador $650 million to forgo oil drilling, protect rainforest reserve
(09/03/2009) Germany has apparently agreed to fund a significant portion of Ecuador's scheme to leave Amazon rainforest oil reserves in the ground, according to Business Green.
Are we on the brink of saving rainforests?
(07/22/2009) Until now saving rainforests seemed like an impossible mission. But the world is now warming to the idea that a proposed solution to help address climate change could offer a new way to unlock the value of forest without cutting it down.Deep in the Brazilian Amazon, members of the Surui tribe are developing a scheme that will reward them for protecting their rainforest home from encroachment by ranchers and illegal loggers. The project, initiated by the Surui themselves, will bring jobs as park guards and deliver health clinics, computers, and schools that will help youths retain traditional knowledge and cultural ties to the forest. Surprisingly, the states of California, Wisconsin and Illinois may finance the endeavor as part of their climate change mitigation programs.
Indonesia releases revenue sharing rules for REDD forest carbon projects
(07/13/2009) Indonesia has released revenue sharing rules for forest carbon projects, reports Reuters. According to a document released by the forestry ministry, the profit-sharing depends on the type of forest ownership or permit, ranging from 10 to 50 percent for the government, 20 to 70 percent for local communities, and 20 to 60 percent for developers. Projects in areas classified as "protected forest" would see 50 percent go to the government, 20 percent to local communities, and 30 percent to developers, while for projects in indigenous forest the breakdown would be 10% to the government, 70 percent to the community, and 20 percent to the developer.
G8 leaders declare support for REDD forest conservation initiative
(07/09/2009) A declaration issued by political leaders meeting at the G8 summit in L’Aquila, Italy, included a strong statement on the need to include forest conservation in a future climate agreement. Deforestation accounts for nearly 20 percent of global greenhouse gas emissions, a larger source of emissions than all the world's cars, trucks, ships, and airplanes combined.
A New Idea to Save Tropical Forests Takes Flight
(06/29/2009) Every year, tens of millions of acres of tropical forests are destroyed. This is the most destabilizing human land-use phenomenon on Earth. Tropical forests store more aboveground carbon than any other biome. They harbor more species than all other ecosystems combined. Tropical forests modulate global water, air, and nutrient cycles. They influence planetary energy flows and global weather patterns. Tropical forests provide livelihoods for many of the world’s poorest and marginalized people. Drugs for cancer, malaria, glaucoma, and leukemia are derived from rainforest compounds. Despite all these immense values, tropical forests are vanishing faster than any other natural system. No other threat to human welfare has been so clearly documented and simultaneously left unchecked. Since the 1992 Rio Earth Summit (when more than 100 heads of State gathered to pledge a green future) 500 million acres of tropical forests have been cut or burned. For decades, tropical deforestation has been the No. 1 cause of species extinctions and the No. 2 cause of human greenhouse gas emissions, after the burning of fossil fuels. For decades, a few conservation heroes tried their best to plug holes in the dikes, but by and large the most diverse forests on Earth were in serious decline.
Fate of world's rainforests likely to be determined in next 2 years
(06/19/2009) The fate of millions of hectares of tropical forests will probably be sealed this year and next year, reports a new set of policy papers detailing an emerging climate change mitigation mechanism known as Reducing Emissions from Deforestation and Degradation (REDD). REDD has been proposed by the U.N. and other entities as a form of carbon finance under which industrialized nations would pay tropical countries for conserving their forest cover.
Commission on Climate and Tropical Forests forms to advise Congress, Obama on forest conservation
(06/18/2009) Leaders in business, government, advocacy, conservation, global development, science and national security have formed a commission to "provide bipartisan recommendations to Congress and the President about how to reduce tropical deforestation through U.S. climate change policies," according to a statement released by the newly established group, named the Commission on Climate and Tropical Forests.
Climate pact must halt deforestation and industrial logging of old-growth forests, exclude carbon credits for forest conservation, say activists
(06/09/2009) A global framework on climate change must immediately halt deforestation and industrial logging of the world's old-growth forests, while protecting the rights of forest communities and indigenous groups, said a broad coalition of activist groups in a consensus statement issued today at U.N. climate talks in Bonn Germany. The statement said the successor treaty to the Kyoto Protocol should not include mechanisms that allow industrialized countries to "offset" their emissions by purchasing carbon credits from reducing deforestation in developing countries, a position that puts the coalition at odds with larger environmental groups who say a market-based approach with tradable credits is the only way to generate enough money fund forest protection on a global scale.
Brazil's plan to save the Amazon rainforest
(06/02/2009) Accounting for roughly half of tropical deforestation between 2000 and 2005, Brazil is the most important supply-side player when it comes to developing a climate framework that includes reducing emissions from deforestation and forest degradation (REDD). But Brazil's position on REDD contrasts with proposals put forth by other tropical forest countries, including the Coalition for Rainforest Nations, a negotiating block of 15 countries. Instead of advocating a market-based approach to REDD, where credits generated from forest conservation would be traded between countries, Brazil is calling for a giant fund financed with donations from industrialized nations. Contributors would not be eligible for carbon credits that could be used to meet emission reduction obligations under a binding climate treaty.
Excluding forest carbon from climate policy will spur massive deforestation
(05/28/2009) Failure to develop policies that account for emissions from land use change will lead to widespread deforestation and higher costs for addressing climate change, warn researchers writing in the journal Science. Using a computer model that incorporates economics, energy, agriculture, land-use changes, emissions and concentrations of greenhouse gases, a team of researchers from the Department of Energy's Pacific Northwest National Laboratory (PNNL) and the University of Maryland found that efforts to limit atmospheric carbon dioxide levels while ignoring emissions from terrestrial sources would lead to nearly a complete loss of unmanaged forests by 2100, resulting largely from increased expansion of bioenergy crops. Meanwhile placing a value ("tax") on terrestrial carbon emissions equivalent to that on industrial and fossil fuel emissions would lead to an increase in forest cover.
Green groups, corporations call for forest conservation to counter global warming
(05/20/2009) A group of leading U.S. businesses and environmental groups today formed a coalition calling for the inclusion of forest conservation in domestic cap-and-trade legislation. The pact endorses policies that would allow companies to receive credit for reducing emissions by financing activities that protect forests in tropical countries. It also calls for five percent of proceeds from the auctioning of greenhouse gas emissions allowances under a cap-and-trade system to go towards funding forest conservation projects.
Voluntary carbon markets double in 2008
(05/20/2009) Voluntary carbon markets greatly expanded in both transaction volume and value in 2008, providing critical funds for projects aiming to reduce greenhouse gas emissions, according to a new report from Ecosystem Marketplace and New Carbon Finance. Fortifying the Foundation: State of the Voluntary Carbon Markets 2009 — a survey of over 190 voluntary carbon credit retailers, brokers, accounting registries, and exchanges — found that voluntary carbon markets transacted 123 million metric tons of carbon credits valued at $705 million in 2008, up from 65 million tons of credits valued at $331 million in 2007.
Bioelectricity bests ethanol on two fronts: land use and global warming
(05/07/2009) Yesterday the Obama Administration established a Biofuels Interagency Working Group to oversee implementation of new rules and research regarding biofuels. On the group’s first day of work they would do well to look at a new study in Science Magazine comparing the efficacy of ethanol versus bioelectricity.
Indigenous people serve as guardians of forest carbon, must be involved in climate solutions
(04/22/2009) Efforts to create an international climate framework — including a carbon financing mechanism for forest conservation — must involve forest people, said indigenous leaders attending the Indigenous Peoples Global Summit on Climate Change meeting this week in Anchorage, Alaska.
Avoided deforestation projects highly desirable for carbon offsets finds survey
(04/21/2009) 91 percent of companies rated avoided deforestation as the most desirable forestry projects for carbon offsets, reports a survey by EcoSecurities, Conservation International, The Climate, Community & Biodiversity Alliance and ClimateBiz.
Rainforest conservation can help U.S. businesses reduce costs
(04/20/2009) Carbon credits generated through forest conservation could provide a cost-effective way for U.S. companies to reduce their greenhouse gas emissions, business leaders were told at a meeting in Columbus, Ohio
Kenya signs its first REDD deal to conserve forests
(04/16/2009) Kenya has signed its first carbon deal to reduce emissions from deforestation and degradation (REDD).
Rainforest conservation gains in U.S. and U.N. climate proposals
(04/14/2009) A proposed mechanism for reducing emissions from deforestation and degradation (REDD) figures prominently in the draft climate bill released last month by Congressmen Henry Waxman and Ed Markey as well as a U.N. document posted last week following a climate meeting in Bonn, Germany. Deforestation is the source of roughly 20 percent of greenhouse gas emissions from human activities.
Carbon credits from forest conservation would crash carbon market, says Greenpeace
(03/30/2009) Inclusion of forest conservation in a market-based mechanism for reducing greenhouse gas emissions would crash carbon prices by swamping the market with cheap credits, claims a new report from Greenpeace. The environmental group said low carbon prices would "derail global efforts to tackle global warming" and cause "developing countries losing out on billions of dollars a year for investment in clean energy technologies".
Can carbon credits from REDD compete with palm oil?
(03/30/2009) Reducing emissions from deforestation and degradation (REDD) is increasingly seen as a compelling way to conserve tropical forests while simultaneously helping mitigate climate change, preserving biodiversity, and providing sustainable livelihoods for rural people. But to become a reality REDD still faces a number of challenges, not least of which is economic competition from other forms of land use. In Indonesia and Malaysia, the biggest competitor is likely oil palm, which is presently one of the most profitable forms of land use. Oil palm is also spreading to other tropical forest areas including the Brazilian Amazon.
Rainforests absorb 20% of emissions annually
(02/19/2009) Undisturbed tropical forests are absorbing nearly a fifth of carbon dioxide released annually by the burning of fossil fuels, according to an analysis of 40 years of data from rainforests in the Central African country of Gabon. Writing in the journal Nature, Simon Lewis and colleagues report that natural forests are an immense carbon sink, helping slow the rise in atmospheric CO2 levels.
Payments for eco services could save the Amazon
(02/12/2009) Paying for the ecological services provided by the Amazon rainforest could be the key to saving it, reports a new analysis from WWF. The study, Keeping the Amazon forests standing: a matter of values, tallied the economic value of various ecosystem services afforded by Earth's largest rainforest. It found that standing forest is worth, at minimum, $426 per hectare per year.
Carbon market surges 84% in 2008
(02/12/2009) The value of the global carbon market surged 84 percent to $118 billion in 2008 despite the worldwide financial crisis, reports New Carbon Finance. Data from the market research firm shows that transaction volume for carbon dioxide emissions allowances reached four billion tons for the year, an increase of 42 percent over 2007.
New model uses carbon credits, sustainable palm oil to save Indonesia's rainforests
(02/05/2009) The World Resources Institute (WRI) has launched an innovative avoided deforestation model that aims to deter conversion of Indonesian rainforest for oil palm plantations. The project, dubbed "POTICO" (Palm Oil, TImber, Carbon Offsets), integrates sustainable palm oil, FSC-certified timber, and carbon offsets in order to "divert new oil palm plantations onto degraded lands and bring the forests that were slated for conversion into certified sustainable forestry".
Norway to pay Guyana to save its rainforests
(02/05/2009) Norway will provide financial support for Guyana's ambitious plan to conserve its rainforests, reports the Guyana Chronicle. Meeting in Oslo, Norway on Tuesday, Guyana President Bharrat Jagdeo and Norwegian Prime Minister Jens Stoltenberg signed a Memorandum of Understanding agreeing to establish a partnership to reduce greenhouse gas emissions from deforestation and forest degradation (REDD). The leaders will push for the incorporation of a REDD mechanism that includes low deforestation countries like Guyana in a post-2012 climate change agreement.
Iron fertilization of oceans may be ineffective in fighting global warming
(01/29/2009) Schemes to promote increased carbon uptake by plankton via iron fertilization of oceans will be less effective than previously believed, report researchers writing in the journal Nature.
Guidelines on how to establish an avoided deforestation project
(01/22/2009) Deforestation presently accounts for nearly 20 percent of anthropogenic greenhouse gas emissions — a share larger than that from the global transportation sector. Given this contribution, reducing deforestation is widely seen as a key component in plans to slow climate change and a number of proposals to include forestry in a post-Kyoto climate agreement are presently on the table. Anticipating the emergence of a market for forest carbon as a result of this framework, 'avoided deforestation' projects are already sprouting up in tropical countries around the world. Supporters say these initiatives offer the potential to protect forests and biodiversity while simultaneously delivering benefits to rural communities that have so far been lost out while their natural resources have been plundered by developers. While avoided deforestation seems to offers great promise, developing a project that meets still emerging standards is a complex and costly endeavor. A new book, published in five languages, seeks to untangle the forest carbon market and thereby facilitate new avoided deforestation projects.
Carbon market collapse claims another casualty
(01/22/2009) A recent collapse in carbon prices has triggered CantorCO2e — a carbon broker — to scale back on new clean energy projects, reports Reuters.
Deal on forests falls short
(12/11/2008) A deal reached Wednesday in Poznan to include forests in future climate treaties is a positive step but falls short of the progress needed to get the REDD (reducing emissions from deforestation and degradation) mechanism on track for incorporation into the framework that will succeed the Kyoto Protocol, say environmentalists speaking from the talks.
Rainforests continue to fall but hope may rest in a market solution
(12/11/2008) Environmentalists attempting to preserve the vanishing Amazon rain forest now confront a stark paradox: Never before have they succeeded in protecting so much of the world’s largest tropical forest, yet never before has so much of it simultaneously been destroyed. The key question today is whether new models of conservation — including an increasingly popular, market-based program known as REDD — will be able to reverse the steady loss of tropical forests, not only in the Amazon, but also in Indonesia, Borneo, and Africa’s Congo basin, where virgin woodlands continue to be razed at an unprecedented rate.
Indigenous people win voice in climate negotiations
(12/10/2008) Negotiators at U.N. climate conference have struck a deal to give forest-dependent people a voice in determining the role forest conservation will play future agreements to reduce greenhouse gas emissions, reports the Associated Press (AP). The agreement clears a key obstacle that had been blocking progress on reducing emissions from deforestation and degradation (REDD), a mechanism that would compensate tropical countries for protecting their forest cover.
Africa calls for "full-range" of bio-carbon as climate solution
(12/10/2008) A coalition of 26 African countries is calling for the inclusion of carbon credits generated through afforestation, reforestation, agroforestry, reduced soil tillage, and sustainable agricultural practices in future climate agreements.
Finland, Sweden push for loophole that would drive destruction of peatlands around the world
(12/09/2008) Finland and Sweden are pushing for a loophole in the E.U.'s Renewable Energy Directive that would open up vast tracts of peatlands around the world to development for biofuels production. The move could have drastic consequences for climate and biodiversity, warns Wetlands International, an environmental group.
New standards ensure forest carbon projects protect indigenous people, biodiversity
(12/08/2008) The Climate, Community & Biodiversity Alliance (CCBA) has released its second edition of its CCB Standard for certifying land-based carbon offset projects.
Peru seeks $200 million to save its rainforests
(12/08/2008) Peru is seeking $200 million in international contributions over the next ten years to cut deforestation to zero, reports BBC News.
In Poznan, France pushes initiative to save rainforests
(12/08/2008) As talks for incorporating forest conservation into an international climate treaty stall in Poznan, Poland due to technical debates, France has proposed an aggressive effort to address deforestation and forest degradation through the establishment of a Global Forest Carbon Mechanism (GFCM) and potential inclusion of forestry projects in the E.U.'s emissions trading scheme (ETS) beginning in 2013.
Little progress on avoided deforestation at climate meeting in Poland
(12/05/2008) Climate talks in Poland are failing to make progress on a proposed mechanism to reduce greenhouse gas emissions from deforestation, reports a forest policy group from the negotiations.
REDD faces challenges but can succeed, says report
(12/05/2008) The Center for International Forestry Research (CIFOR), a forest policy think tank, today released its assessment on the proposed REDD (reducing emissions from deforestation and degradation) mechanism for slowing climate change.
WWF criticizes Brazil's plan to cut Amazon deforestation
(12/04/2008) WWF criticized Brazil's plan to reduce Amazon deforestation to 5,740 square kilometers per year as being "short on ambition and detail". In a statement issued Wednesday, WWF said that Brazil's proposed fund for conserving the Amazon would still result in the annual loss of an area forest the size of Rhode Island.
Rainforest canopy-penetrating technology gets boost for forest carbon monitoring
(12/04/2008) A tool for monitoring tropical deforestation has gotten a boost from the one of the world's largest supporters of Amazon conservation. The Gordon and Betty Moore Foundation has awarded the Carnegie Institution's Department of Global Ecology with a $1.6-million grant to expand and improve its tropical forest monitoring tool known as the Carnegie Landsat Analysis System Lite (CLASLite).
Salvage logging offers hope for forests, communities devastated by industrial logging
(12/04/2008) As currently practiced, logging is responsible for large-scale destruction of tropical forests. Logging roads cut deep into pristine rainforests, opening up once remote areas to colonization, subsistence and industrial agriculture, wildlife exploitation, and other forms of development. Timber extraction thins the canopy, damages undergrowth, and tears up soils, reducing biodiversity and leaving forests more vulnerable to fire. Even selective logging is damaging. Nevertheless demand for wood products continues to grow. China is expected to import more than 100 million cubic meters of industrial roundwood by 2010, much of which will go into finished products shipped off to Europe and the United States. As much as 60 percent of this is illicitly sourced. Meanwhile in Brazil domestic hunger for timber is fueling widespread illegal logging of the Amazon rainforest. Armed standoffs between environmental police and people employed by unlicensed operators are increasingly common. Tropical Salvage, a Portland, Oregon-based producer of wood products, is avoiding these issues altogether by taking a different approach to meet demand for products made from high-quality tropical hardwoods. The company salvages wood discarded from building sites, unearthed from mudslides and volcanic sites, and dredged from rivers in Indonesia and turns it into premium wood products. In the process, Tropical Salvage is putting formers loggers to work and supporting a conservation, education and reforestation project on Java.
REDD may harm forest people, alleges report
(12/02/2008) A new report finds that the World Bank is not doing enough to protect indigenous rights under its mechanism to reduce emissions from deforestation and forest degradation (REDD).
Carbon market could pay poor farmers to adopt sustainable cultivation techniques
(11/26/2008) The emerging market for forest carbon could support agroforestry programs that alleviate rural poverty and promote sustainable development, states a new report issued by the World Agroforestry Center (ICRAF).
Guide to reducing emissions through forest conservation released
(11/26/2008) Ahead of next week's climate meeting in Poznań, Poland, the Global Canopy Programme — an alliance of 37 scientific institutions in 19 countries — has launched a layman's guide to a proposed mechanism for cutting greenhouse gas emissions by reducing deforestation. Deforestation and land use change accounts for roughly 20 percent of global greenhouse gas emissions — a larger share than all the world's cars, trucks, ships, and airplanes combined.
California joins effort to fight global warming by saving rainforests
(11/19/2008) California has joined the battle to fight global warming through rainforest conservation. In an agreement signed yesterday at a climate change conference in Beverly Hills, California, Governor Arnold Schwarzenegger pledged financial assistance and technical support to help reduce deforestation in Brazil and Indonesia. The Memorandum of Understanding commits the California, Illinois and Wisconsin to work with the governors of six states and provinces within Indonesia and Brazil to help slow and stop tropical deforestation, a source of roughly 20 percent of global greenhouse gas emissions.
Coordinated effort needed to cut deforestation via carbon markets
(11/18/2008) The Coalition for Rainforest Nations — a group of 40 tropical countries seeking compensation in the form of carbon credits for protecting their forest cover — will ask the United Nations at next month's climate conference in Poland to establish a single body to coordinate forest carbon trading, reports Reuters from a workshop on Reducing Emissions from Deforestation and Forest Degradation (REDD) meeting in Milan, Italy.
New rules establish market for saving rainforests through carbon trading
(11/18/2008) A new carbon accounting standard will bolster efforts to reduce greenhouse gas emissions resulting from deforestation, thereby creating a financial incentive for saving rainforests, say backers of the initiative, known as the Voluntary Carbon Standard (VCS).
Conflict in PNG between govt and landowners over REDD carbon trading
(11/17/2008) The government of Papua New Guinea is facing criticism over its plan to seek compensation via the carbon market for protecting the country's rainforests, reports Australian Broadcasting Corporation News (ABC News).
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