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News articles on carbon offsets

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Mongabay.com news articles on carbon offsets in blog format. Updated regularly.

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.


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.


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.


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).



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