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News articles on carbon sequestration
Mongabay.com news articles on carbon sequestration in blog format. Updated regularly.
Exelon signs rainforest conservation deal to help reduce emissions
(10/13/2008) Environmental crime is generating $10 billion a year in revenue for gangsters and criminal syndicates reports the Environmental Investigation Agency (EIA) in a paper released today.
Indonesian governors agree to protect Sumatra's endangered forests
(10/09/2008) The ten governors of Sumatra — along with four federal ministers — have signed an agreement to protect forests and other ecosystems on the Indonesian island, according to WWF. The announcement is significant because Sumatra is a biodiversity hotspot — home to rare and endemic wildlife — that is under great threat from logging and expansion oil palm plantations. The island has lost 48 percent of its forest cover since 1985.
Tropical wetlands sequester 80% more carbon than temperate wetlands
(10/08/2008) Tropical wetlands store 80 percent more carbon than temperate wetlands, reports a new study that compared ecosystems in Costa Rica and Ohio.
Forest conservation can fight climate change and poverty
(10/08/2008) The Forests Dialogue — a coalition consisting of more than 250 representatives of governments, forestry companies, trade unions, environmental and social groups, international organizations, forest owners, indigenous peoples and forest-community groups — has issued guiding principles for including forests in climate change negotiations.
Indigenous people demand greater say in using forests to fight global warming
(10/08/2008) Indigenous leaders renewed their call for greater say in how tropical forests are managed to reduce greenhouse gas emissions, according to AFP.
Cutting deforestation can fight climate change, reduce poverty and conflict
(09/24/2008) Forest conservation can play a critical role in efforts to reduce greenhouse gas emissions and alleviate poverty, said a prominent group of politicians, development experts, and environmental NGOs meeting in New York City to discuss U.S. climate policy. Organized by Avoided Deforestation Partners, an international policy group, the meeting sought to establish a strategy to highlight the global impact of deforestation and push for the inclusion of tropical forests in domestic climate policy. Attendees included leaders of WWF, the Nature Conservancy, Conservation International, World Vision, Oxfam, Mercy Corps, Care International, and the Union of Concerned Scientists; former Vice President Al Gore; Wangari Maathai, a Nobel Prize-winning activist from Kenya; Bharrat Jagdeo, president of the South American country of Guyana; and executives from a number of carbon-trading and financial firms. The event was hosted by veteran journalist Dan Rather.
Old growth forests are giant carbon sinks, helping offset emissions
(09/11/2008) Old growth forests are important carbon sinks that help global warming, reports a study published in the journal Nature. The results run counter to claims by the forestry industry that old growth forests are carbon neutral or even net emitters of carbon dioxide.
Prince Charles says hedge funds could save rainforests
(09/11/2008) Prince Charles renewed his call to protect rainforests for the services they provide humanity. Speaking Wednesday at a black-tie dinner in London, Charles compared the need to protect forests to fighting a war.
Palm oil producers in Indonesia reject moratorium on forest destruction
(08/28/2008) Palm oil companies operating in Indonesia have rejected a proposed moratorium on clearing forests and peatlands for oil palm plantations, reports the Jakarta Post.
Biofuels 200 times more expensive than forest conservation for global warming mitigation
(08/27/2008) The British government should end subsidies for biofuels and instead use the funds to slow destruction of rainforests and tropical peatlands argues a new report issued by a U.K.-based think tank. The study, titled "The Root of the Matter" and published by Policy Exchange, says that "avoided deforestation" would be a more cost-effective way to address climate change, since land use change generates more emissions than the entire global transport sector and offers ancillary benefits including important ecosystem services.
STRI goes carbon neutral as Panama indigenous community to see carbon payments from forest conservation
(08/21/2008) The Smithsonian Tropical Research Institute (STRI), the Panama-based branch of the Smithsonian Institution, will offset its carbon dioxide emissions by working with an indigenous community to conserve forests and reforest degraded lands with native tree species. The agreement was announced Sunday, August 17, 2008.
Markets could save rainforests: an interview with Andrew Mitchell
(08/17/2008) Markets may soon value rainforests as living entities rather than for just the commodities produced when they are cut down, said a tropical forest researcher speaking in June at a conservation biology conference in the South American country of Suriname. Andrew Mitchell, founder and director of the London-based Global Canopy Program (GCP), said he is encouraged by signs that investors are beginning to look at the value of services afforded by healthy forests.
Indonesia's Riau bans destruction of rainforests and peatlands for palm oil
(08/15/2008) The Indonesian province of Riau on the island of Sumatra has pledged to stop destruction of its forests and carbon-rich peatlands in an effort to reduce carbon emissions from deforestation by 50 percent by 2009.
Investors seek profit from conserving rainforest biodiversity
(08/13/2008) An investment firm has launched the first tropical biodiversity credits scheme. New Forests, a Sydney, Australia-based company, has established the Malua Wildlife Habitat Conservation Bank in Malaysia as an attempt to monetize rainforest conservation. The "Malua BioBank" will use an investment from a private equity fund to restore and protect 34,000 hectares (80,000 acres) of formerly logged forest that serves as a buffer between biologically-rich forest reserve and a sea of oil palm plantations. The conservation effort will generate "Biodiversity Conservation Certificates", the sales of which will endow a perpetual conservation trust and produce a return on investment for the Sabah Government and the private equity fund.
Private equity firm to sell biodiversity offsets from rainforest conservation
(08/06/2008) An investment firm has launched the first tropical biodiversity credits scheme. New Forests, an Australia-based company, has established the Malua Wildlife Habitat Conservation Bank in an attempt to monetize rainforest conservation. The "Malua BioBank" will use an investment from a private equity fund to restore and protect 34,000 hectares (80,000 acres) of formerly logged forest that serves as a buffer between biologically-rich forest reserve and a sea of oil palm plantations.
Australia's forests contain three times the expected carbon
(08/06/2008) Australia's natural eucalypt forests store three times the carbon conventionally believed, reports a new study by scientists at the Australian National University.
Dell becomes carbon neutral by saving endangered lemurs
(08/06/2008) Dell, the world's largest computer maker, announced it has become the first major technology company to achieve carbon neutrality.
Reduced impact logging can save 160 m tons of carbon emissions per year
(08/06/2008) Improving inefficient logging practices could significantly reduce greenhouse gas emissions from forest degradation, argues a new study published in the open-access journal PLoS.
New plan would pay tropical countries for saving forests, regardless of level of threat
(07/24/2008) Deforestation and forest degradation account for around a fifth of global carbon emissions from human activities, but new policy measures are focusing reducing such emissions as a cost-effective way to fight global warming. While the concept — known as REDD for "Reducing Emissions from Deforestation and Degradation" — has found wide support from politicians, scientists, and environmentalists, there are lingering concerns over how to compensate countries that have extensive forest cover and low rates of annual forest loss, since payments are based on historical deforestation rates. A new proposal seeks to get around this issue by factoring in all the terrestrial carbon in a tropical landscape — regardless of level of threat it faces — and packaging it as a tradable commodity.
Rainforest conservation could offset 500m tons of CO2 emissions at $2/ton
(07/24/2008) Industrialized nations could collectively offset 500 million tons carbon of dioxide emissions at roughly $2 per ton by protecting tropical rainforests, according to estimates published in the online edition of Proceedings of the National Academy of Sciences.
14 countries win REDD funding to protect tropical forests
(07/24/2008) Fourteen countries have been selected by the World Bank to receive funds for conserving their tropical forests under an innovative carbon finance scheme.
Biofuels can reduce emissions, but not when grown in place of rainforests
(07/22/2008) Biofuels meant to help alleviate greenhouse gas emissions may be in fact contributing to climate change when grown on converted tropical forest lands, warns a comprehensive study published earlier this month in the journal Environmental Research Letters. Analyzing the carbon debt for biofuel crops grown in ecosystems around the world, Holly Gibbs and colleagues report that "while expansion of biofuels into productive tropical ecosystems will always lead to net carbon emissions for decades to centuries... [expansion] into degraded or already cultivated land will provide almost immediate carbon savings." The results suggest that under the right conditions, biofuels could be part of the effort to reduce humanity's carbon footprint.
Shell Oil funds "open source" geoengineering project to fight global warming
(07/21/2008) Shell Oil is funding a project that seeks to test the potential of adding lime to seawater as a cost-effective way to fight global warming by sequestering large amounts of carbon dioxide in the world's oceans, reports Chemistry & Industry magazine.
Destruction of wetlands worsens global warming
(07/20/2008) Destruction of wetland ecosystems will generate massive greenhouse gas emissions in coming years, warn experts convening at an international wetlands conference in Brazil.
Carbon payments may not protect biodiversity
(07/07/2008) Paying rural landowners in Oregon's Willamette Basin to protect at-risk animals won't necessarily mean that their newly conserved trees and plants will absorb more carbon from the atmosphere and vice versa, a new study has found.
Britain, Norway commit $210 million towards Congo rainforest conservation
(06/24/2008) The governments of Britain and Norway last week announced a $211 million (108 million) initiative to conserve rainforests in the Congo Basin. The plan calls for the use of an advanced satellite camera to monitor deforestation in the region and funding for community-based conservation projects.
Unlocking the potential of forests to limit climate change
(06/12/2008) Understanding the complex interactions between forests and climate may "unlock the potential of forests to limit global climate change," argues a researcher writing in the journal Science.
Forestry will play a critical role in slowing global warming
(06/12/2008) While reducing deforestation and forest degradation would pay great dividends in the fight against global climate change by eliminating up to a fifth of greenhouse gas emissions, other mechanisms can also enhance the capacity of forests to sequester carbon from the atmosphere, show researchers writing in this week's issue of the journal Science.
REDD could trigger bias in conservation funding towards carbon-rich ecosystems
(06/12/2008) The Reducing Emissions from Deforestation and Degradation (REDD) mechanism proposed as a means to fight global warming and protect forests may leave some ecosystems at risk to development argue researchers in an editorial published in the journal Science.
Madagascar signs big carbon deal to fund rainforest conservation
(06/11/2008) Madagascar will sell more than nine million tons of carbon offsets to fund rainforest conservation in a newly established protected area. conservationists say the deal protect endangered wildlife, promote sustainable development to improve the economic well-being of people living in and around the park area, and help fight global warming.
Guiana Shield forests help preserve biodiversity and climate
(06/09/2008) The Guiana Shield region of South America could play a significant role in efforts to fight global warming as part of a broader strategy to protect the world's biodiversity hotspots and high biodiversty wilderness areas, said a leading conservationist speaking in Paramaribo, Suriname at a gathering of tropical biologists.
$45 trillion needed to meet energy demand, fight global warming by 2050
(06/08/2008) Investors will need to spend $45 trillion by 2050 to keep pace with growing energy demand while addressing concerns over global warming, warned the International Energy Agency in a report issued Friday.
Environmental damage costs $4.8 trillion annually
(05/28/2008) Environmental damage and biodiversity loss in forest ecosystems costs 2.1 to 4.8 trillion dollars per year, according to a report released Thursday at the UN Convention on Biological Diversity meeting in Bonn, Germany.
Forest carbon credits could guide development in Congo
(05/28/2008) An initiative to reduce greenhouse gas emissions by offering carbon credits to countries that reduce deforestation may be one of the best mechanisms for promoting sustainable development in Central Africa says a remote sensing expert from the Woods Hole Research Center (WHRC). Dr. Nadine Laporte, an associate scientist with WHRC who uses remote sensing to analyze land use change in Africa, says that REDD could protect forests, safeguard biodiversity, and improve rural livelihoods in Democratic Republic of Congo (DRC) and other Central African nations.
Greenpeace says carbon fund will save forests and climate
(05/20/2008) In a report unveiled today at the UN conference on biodiversity in Bonn, Greenpeace announced support for a plan to save tropical forests through a fund for carbon and other ecosystem services.
Carbon market could fund rainforest conservation, fight climate change
(05/19/2008) A mechanism to fund forest conservation through the carbon market could significantly reduce greenhouse emissions, help preserve biodiversity, and improve rural livelihoods, says a policy expert with the Woods Hole Research Center (WHRC) in Massachusetts. In an interview with mongabay.com, WHRC Policy Advisor and Research Associate Tracy Johns says that Reducing Emissions from Deforestation and Degradation (REDD), a proposed policy mechanism for combating climate change by safeguarding forests and the carbon they store, offers great potential for protecting tropical rainforests.
Prince Charles calls for rainforest protection to fight climate change
(05/15/2008) Ending the destruction of tropical rainforests is the simplest step to helping address climate change, said Prince Charles in an interview with the BBC.
Papua signs REDD carbon deal to generate income from rainforest protection
(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.
Al Gore's investment firm bets that rainforest conservation will be profitable
(05/14/2008) Al Gore's investment firm has signaled an interest in the emerging market for ecosystem services by taking an equity position in an innovative Australian financial company.
U.S. climate policy could help save rainforests
(05/14/2008) U.S. policy measures to fight global warming could help protect disappearing rainforests, says the founding partner of an "avoided deforestation" policy group. In an interview with mongabay.com, Jeff Horowitz of the Berkeley-based Avoided Deforestation Partners argues that U.S. policy initiatives could serve as a catalyst for the emergence and growth of a carbon credits market for forest conservation. REDD or Reducing Emissions from Deforestation and Degradation is a proposed policy mechanism that would compensate tropical countries for safeguarding their forests. Because deforestation accounts for around a fifth of global greenhouse gas emissions, efforts to reduce deforestation can help fight climate change. Forest protection also offers ancillary benefits like the preservation of ecosystem services, biodiversity, and a homeland for indigenous people.
Could felling and burying trees help fight global warming?
(04/30/2008) Could cutting down trees and burying them help fight global warming? An article in this week's issue of New Scientist suggests so. Ning Zeng, an atmospheric scientist at the University of Maryland in College Park, tells New Scientist that thinning forests and burying "excess wood" in a manner in which its didn't decay could sequester enough carbon to offset all of our fossil-fuel emissions.
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.
Biodiversity key to fighting climate change
(04/29/2008) Scientists from Brown University have discovered that an ecosystem's productivity is directly linked to its diversity of plant species. The discovery has granted biodiversity new importance in the fight against climate change: the more productive the ecosystem the more carbon it captures.
Amazon farming technique may fight global warming
(04/11/2008) Fifteen hundred years ago, tribes people from the central Amazon basin mixed their soil with charcoal derived from animal bone and tree bark. Today, at the site of this charcoal deposit, scientists have found some of the richest, most fertile soil in the world. Now this ancient, remarkably simple farming technique seems far ahead of the curve, holding promise as a carbon-negative strategy to rein in world hunger as well as greenhouse gases.
New plastics dervied from CO2 emissions could fight global warming
(04/10/2008) Efforts to slow global warming by "scrubbing" carbon dioxide smokestack emissions could generate a material for the production of DVDs, beverage bottles and other products made from polycarbonate plastics, say chemists speaking at the 235th annual meeting of the American Chemical Society.
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.
Biochar fund to fight hunger, energy poverty, deforestation, and global warming
(03/10/2008) Biopact, a leading bioenergy web site, has announced the creation of a "Biochar Fund" to help poor farmers improve their quality of life without hurting the environment.
Emissions from deforestation offset by increased tree growth in the Amazon
(03/10/2008) An increase in carbon sequestration by trees in the Amazon has roughly offset total emissions from deforestation in the region since the 1980s. A new study, published in Philosophical Transactions of the Royal Society B, this trend may slow in the future, causing the world's largest rainforest to become a net source of carbon emissions and therefore contributing to climate change.
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