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News articles on conservation finance
Mongabay.com news articles on conservation finance in blog format. Updated regularly.
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.
"Money is not a problem," palm oil CEO tells conservationists during speech defending the industry
(10/26/2009) Earlier this month at a colloquium to implement wildlife corridors for orangutans in the Malaysian state of Sabah, Dr. Yusof Basiron, the CEO of Malaysian Palm Oil Council (MPOC), told conservationists and primate experts that the palm oil industry was ready to fund reforestation efforts in the corridors. "We can raise the money to replant [the corridors] and keep contributing as a subsidy in the replanting process of this corridor for connecting forests," Basiron said in response to a question on how the palm oil industry will contribute. "Money is not a problem. The commitment is already there, the pressure is already very strong for this to be done, so it's just trying to get the thing into motion."
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.
Illegal ivory demand could wipe out Africa's elephants by 2025
(10/20/2009) Nearly twenty years ago the ivory trade was banned by Convention on International Trade in Endangered Species (CITES). Many saw this as the most important step in preventing the continued loss of elephants at the hands of poachers, and for awhile poaching slowed down. But now elephants are in danger again: a report by the International Fund for Wildlife Welfare (IFWW) states that an astounding 38,000 elephants are killed for their tusks annually—over a hundred every day.
Business and conservation groups team up to conserve and better manage US's southern forests
(10/15/2009) A new project entitled Carbon Canopy brings together multiple stakeholders—from big business to conservation organizations to private landowners—in order to protect and better manage the United State's southern forests. The program intends to employ the emerging US forest carbon market to pay private forest owners for conservation and restoration efforts while making certain that all forest-use practices subscribes to the standards of the Forest Stewardship Council (FSC).
Palm oil industry pledges wildlife corridors to save orangutans
(10/03/2009) In an unlikely—and perhaps tenuous—alliance, conservationists and the palm oil industry met this week to draw up plans to save Asia's last great ape, the orangutan. As if to underscore the colloquium's importance, delegates on arriving in the Malaysian State of Sabah found the capital covered in a thick and strange fog caused by the burning of rainforests and peat lands in neighboring Kalimantan. After two days of intensive meetings the colloquium adopted a resolution which included the acquisition of land for creating wildlife buffer zones of at least 100 meters along all major rivers, in addition to corridors for connecting forests. Researchers said such corridors were essential if orangutans were to have a future in Sabah.
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.
Discovering nature's wonder in order to save it, an interview with Jaboury Ghazoul
(09/08/2009) Sometimes we lose sight of the forest by staring at the trees. When this happens we need something jarring and eloquent to pull us back to view the big picture again. This is what tropical ecologist Jaboury Ghazoul provided during a talk at the Association of Tropical Biology and Conservation (ATBC) meeting this summer in Marburg, Germany. Throwing out a dazzling array of big ideas and even bigger questions—incorporating natural history, biodiversity, morality, philosophy, and art—the enthusiastic Ghazoul left his audience in a state of wonder.
Investing in conservation could save global economy trillions of dollars annually
(09/03/2009) By investing billions in conserving natural areas now, governments could save trillions every year in ecosystem services, such as natural carbon sinks to fight climate change, according to a European report The Economics of Ecosystems and Biodiversity (TEEB).
Economic crisis threatens conservation programs and endangered species, an interview with Paula Kahumbu of WildlifeDirect
(08/17/2009) Founded in 2004 by legendary conservationist Richard Leakey, WildlifeDirect is an innovative member of the conservation community. WildlifeDirect is really a meta-organization: it gathers together hundreds of conservation initiatives who blog regularly about the trials and joys of practicing on-the-ground conservation. From stories of gorillas reintroduced in the wild to tracking elephants in the Okavango Delta to saving sea turtles in Sumatra, WildlifeDirect provides the unique experience of actually hearing directly from scientists and conservationists worldwide.
Ecological restoration substantially boosts biodiversity and ecosystem services
(07/30/2009) A new analysis reports that ecological restoration generally deliver benefits for both conserving biodiversity and supporting human livelihoods, but does not completely reverse degradation caused by humans.
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.
U.S. forgives $30M in debt to protect rainforests in Sumatra, Indonesia
(06/30/2009) The United States will forgive nearly $30 million in debt owed by Indonesia in exchange for increased protection of endangered rainforests on the island of Sumatra, reports the Wall Street Journal. The deal is the largest debt-for-nature swap under the U.S. Tropical Forest Conservation Act — unanimously reauthorized this May by the Senate Foreign Relations Committee last week — and its first such agreement with Indonesia, which has the second highest annual loss of forest cover after Brazil. Under the terms of the pact the government of Indonesia will put $30 million into a trust over the next eight years. The trust will issue annual grants for forest conservation and restoration work in Sumatra, an island that lost nearly half of its forest cover between 1985 and 2007 as a result of logging, conversion for plantations, and forest fires.
Cameroon rainforest given 30 days to be conserved or sold off for logging
(06/18/2009) An 830,000-hectare tract of rainforest in Cameroon has been granted a 30-day reprieve from logging following a 4-week exploratory expedition that turned up large populations of lowland gorillas, forest elephants, mandrills, and chimpanzees, according to expedition leader Mike Korchinsky, founder of the conservation group Wildlife Works. The Cameroonian government has given Wildlife Works, which pioneered the first forest-based carbon project in Kenya, 30 days to come up with a competitive proposal to logging. The group is now scrambling to secure necessary funding to finance the early stages of the project.
Amazon deforestation doesn't make communities richer, better educated, or healthier
(06/11/2009) Deforestation generates short-term benefits but fails to increase affluence and quality of life in the long-run, reports a new study based an analysis of forest clearing in 286 municipalities across the Brazilian Amazon. The research, published in Friday's issue of the journal Science, casts doubt on the argument that deforestation is a critical step towards development and suggests that mechanisms to compensate communities for keeping forests standing may be a better approach to improving human welfare, while simultaneously sustaining biodiversity and ecosystem services, in rainforest areas.
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.
After 400 years, beavers swim again in Scotland
(05/31/2009) The European beaver has been reintroduced into a loch in western Scotland. Eleven individual beavers were released on Friday, May 29th by the Scottish Beaver Trial (SBT), a project run by the Scottish Wildlife Trust, the Royal Zoological Society of Scotland and the Forestry Commission Scotland. The beaver was hunted to extinction throughout Britain during the Middle Ages for its fur. The last record of a beaver in Britain was made in 1526.
New rainforest reserve in Congo benefits bonobos and locals
(05/25/2009) A partnership between local villages and conservation groups, headed up by the Bonobo Conservation Initiative (BCI), has led to the creation of a new 1,847 square mile (4,875 square kilometer) reserve in the Democratic Republic of Congo (DRC). The reserve will save some of the region’s last pristine forests: ensuring the survival of the embattled bonobo—the least-known of the world’s four great ape species—and protecting a wide variety of biodiversity from the Congo peacock to the dwarf crocodile. However, the Kokolopori Bonobo Reserve is worth attention for another reason: every step of its creation—from biological surveys to reserve management—has been run by the local Congolese NGO and villages of Kokolopori.
Bronx zoo closes exhibits, evicts hundreds of animals following budget crisis
(04/28/2009) Following a budget shortfall of 15 million dollars, the Bronx Zoo has announced that it will be closing several exhibits and sending away hundreds of animals.
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).
Greenpeace opposes forest conservation initiative in Indonesia
(04/02/2009) Greenpeace criticized Indonesia's plan to reduce deforestation through a market-based emissions mechanism known as REDD (Reducing Emissions from Deforestation and Degradation), reports AFP.
World leaders meet to discuss future of rainforests
(04/02/2009) World leaders met Wednesday to discuss the role rainforests can play in reducing greenhouse gas emissions.
Ebay bidders to decide new shrimp's name
(03/24/2009) A new way to raise conservation funds has captured attention worldwide. The Australian Marine Conservation Society (AMCS) has auctioned the naming rights of a newly discovered species of shimp Ebay. "The shrimp is in the group or genus of shrimps known as Lebbeus, but is awaiting the addition of a unique species name," said Anna McCallum, a Melbourne scientist who discovered the new species in deep waters off the Southwest coast of Australia.
REDD in Indonesia could evict forest people from their lands, warns U.N. committee
(03/23/2009) In a letter released today, the United Nations Committee on the Elimination of Racial Discrimination expressed concern that a scheme to promote forest conservation in Indonesia via the Reduced Emissions from Deforestation and Forest Degradation (REDD) mechanism could increase conflict over land if the government doles out forest-carbon concessions in the same manner that it has with logging concessions. In the worst cases, forest people could be denied access rights to their traditional territories say indigenous rights' groups.
Norway emerges as champion of rainforest conservation
(03/19/2009) While citizens in western countries have long paid lip service to saving rainforests, Norway has quietly emerged as the largest and most important international force in tropical forest conservation. The small Scandinavian country has committed 3 billion krone ($440 million) a year to the effort, a figure vastly greater than the $100M pledged — but never fully contributed — by the United States under the Tropical Forest Conservation Act (TFCA). Norway now hopes it can help push to include forest conservation in the successor to the Kyoto Protocol by providing funding and fostering cooperation among international actors like the UN and World Bank, as well as developing countries, to fund the creation of an international architecture which makes it possible to incorporate deforestation and degradation into a post-2012 climate regime.
In exchange for marriage certificate Indonesians must donate trees
(03/05/2009) An Indonesian district in West Java, Garut, has started a unique program to support reforestation. As reported by Reuters, any couple planning to get married must give ten trees to local authorities for reforestation efforts before marriage will be legally sanctioned.
Time to give up on Tasmanian tiger, says DNA expert
(03/02/2009) Money and energy spent on finding the Tasmanian tiger should be used for other conservation purposes, according to Dr. Jeremy Austin from the University of Adelaide’s Centre for Ancient DNA. The Tasmanian tiger, or Thylacine, has captured the imagination of cryptozoologists ever since the last known individual died in the 1936 in the Hobart Zoo, which closed the next year. There have been several unreported sightings throughout the island since the 1930s, including inconclusive photos taken by German tourists.
Could America’s 700 billion stimulus have saved life on earth?
(02/26/2009) In a January op-ed in Science, ecologist Jaboury Ghazoul wistfully and wittily ponders how far the 789 billion stimulus bill recently passed by the US Congress could go toward saving our planet's embattled life-forms. In his essay, Ghazoul suggests we put the 700 billion “in the context of the species extinction crisis”. According to various scientific analyses the extinction rate is currently 100 to 1,000 times the average. Such a catastrophic loss of species—while making the world a lonelier and less interesting place—will unpredictably reshape ecosystems we depend on, causing social, political, and economic upheaval.
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".
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.
Wildlife banking gets a marketplace
(12/09/2008) Ecosystem Marketplace, a site that provides information on markets and payment schemes for ecosystem services, has launched what it is calling the "first information clearinghouse" for the species credit trading industry.
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.
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).
Brazil to cut Amazon deforestation by 70% to fight global warming
(12/01/2008) Brazil will aim to cut its deforestation rate by 70 percent by 2018 under its plan to reduce emissions from forest clearing, Environment Minister Carlos Minc.
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).
Forests for Climate initiative launches in Indonesia
(11/04/2008) Greenpeace has officially launched its Forests for Climate initiative (FFC), a non-market avoided deforestation scheme that aims to reduce greenhouse gas emissions by slowing forest destruction.
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