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News articles on ecosystem marketplace
Mongabay.com news articles on ecosystem marketplace in blog format. Updated regularly.
Regulators Learning From Voluntary Carbon Markets
(03/14/2011) The global carbon markets began quietly in the late 1980s as part of a voluntary effort to save rainforests, but these small, voluntary efforts were quickly eclipsed – and often dismissed – when the Kyoto Protocol ushered in compliance markets a decade later. Now, however, it’s the compliance markets that are turning to the voluntary markets for guidance as regulators and voluntary market players rush to meet halfway.
Where is REDD heading? Forest carbon week in review
(03/08/2011) REDD may still be at a standstill in Indonesia, but there is positive news coming out of the United Nations REDD Program. UN-REDD released its five-year strategic plan, and Nigeria is finalizing its readiness proposal to submit to the UN-REDD policy. More news inside this week's Forest Carbon news.
Denver puts water fees toward forest conservation
(03/06/2011) Like many cities around the world, Denver gets its drinking water from rivers and reservoirs, which in turn get their water from forests. Many of those forests, however, are in trouble – thanks to funding cuts, climate change, and a horde of opportunistic beetles. That puts the city's water supply at risk as well, so Denver teamed up with the U.S. Forest Service to funnel money it collects from water fees into forest restoration. And it's not the only city to do so.
Protecting forests can cut water filtration costs
(03/04/2011) Clean water doesn’t come cheap. Communities and businesses often rely on expensive water filtration infrastructure to ensure their clean water supplies. But communities around the world have been protecting upstream forests instead of building new, costly water treatment infrastructure. Can this strategy work in the US south?
Nigeria moving forward on REDD to protect last remaining forests
(02/19/2011) The tiny state of Cross River, Nigeria, has managed to preserve large swathes of endangered rainforest despite lucrative – and often intimidating – offers from loggers and other interests. It's also laid the groundwork for a state-wide program designed to earn international carbon credits by saving trees, thus securing its spot in an elite network of states that are moving forward as UN talks stall.
Can 'water footprinting' help cut the 500 liters of H2O needed to produce a carton of OJ?
(02/11/2011) Carbon trading promotes good behavior by creating a standardized currency representing a verifiable environmental benefit. Payments for watershed services do the same for cutbacks in water pollution, albeit on a smaller scale. Now, the Nature Conservancy and the Coca-Cola Company are experimenting with a new method of “water footprinting” that could do the same for total water use – a key component in the development of a market-based scheme that would promote responsible water usage.
Zambia building a carbon exchange
(02/11/2011) Carbon finance can help rural Africans establish more sustainable ways of doing business, and several efforts are underway to build carbon exchanges that can help project developers identify prices and manage risk. These efforts will only generate meaningful change, however, if the rural poor understand carbon markets and how to access them. The African Carbon Credit Exchange aims to build that understanding.
Haiti's deforestation has dire economic impacts
(02/09/2011) December Climate talks in Cancun highlighted the importance of maintaining healthy forests to protect the planet’s most vulnerable people from the consequences of future climate change. Haitians have been glimpsing that future for more than a year after a lack of healthy forests left them vulnerable to other disasters. Here’s a look at the take-home lessons from Haiti’s year of environmental ruin.
First validated REDD forest carbon credits issued
(02/09/2011) A conservation project in Kenya has become the first to win validation for REDD credits under the Voluntary Carbon Standard.
Forest carbon conservation project launched in Arkansas
(02/03/2011) The United States may not have capped its national greenhouse gas emissions, but the US state of California did cap its state emissions – and voters there seconded the state’s decision when they rejected Proposition 23, which would have all but killed cap-and-trade. The end of Prop 23 could mean the beginning of a great experiment to see if people in the United States can make money by doing good. This carbon fund is betting on a positive outcome.
Obama's State of the Union salmon joke highlights complexity of coastal ecosystem services
(01/29/2011) U.S. President Barack Obama told his now-famous salmon joke on Tuesday to illustrate the silliness of unnecessarily complex regulation, but the joke says more about the complexity of coastal ecosystems – and the challenge of keeping them intact in the face of growing development – than it does about regulatory dysfunction. It's a challenge that must – and can – be met by getting the private sector involved in protecting the nature along our coasts.
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.
Jackpot: how international community could raise $141 billion for biodiversity
(10/20/2010) Leaders from around the world meeting in Nahoya, Japan for the Convention on Biological Diversity (CBD) to discuss solutions to stem the current mass extinction crisis may be in need of a little book: The Little Biodiversity Finance Book. While a recent report by The Economics of Ecosystems and Biodiversity (TEEB) found that degradation of ecosystems—including biodiversity loss—was costing the global economy $2-5 trillion annually, one of the primary threats to wildlife around the world is simply a lack of funds to enact program. But The Little Biodiversity Finance Book says that with the right policy initiatives the burgeoning ecosystem market could be worth $141 billion by 2020.
Will Brazil Change its Forest Code – and Kill the Amazon rainforest?
(09/22/2010) Many credit Brazil’s 75-year old Forest Code with helping to slow destruction of the Amazon Rainforest, but an unlikely amalgamation of right-wing and left-wing politicians are trying to gut the law. In this first of two articles, Ecosystem Marketplace examines the state of the debate. In the second part, Ecosystem Marketplace takes a look at the law's implications for the Amazon – and for the forest-carbon marketplace in Brazil.
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