The World Resources Institute (WRI) officially joined a growing consensus around the need for a price on carbon pollution through its recent release of a report intended to serve as a guide for policymakers on carbon pricing. Here, a climate and environment writer outlines WRI’s descriptive report, which presents a range of ideas on decarbonization and pricing greenhouse gas emissions.
The Canadian province of Ontario looks poised to follow the lead of other jurisdictions in Canada and in the United States by implementing a carbon pricing program, with provincial regulators asking for opinions on what type of program should be implemented. Also on the list is a possible role for the agriculture and forestry sectors, as regulators seek advice for their potential inclusion as carbon offsets.
More and more countries and companies are promising to end deforestation by the year 2020, but which ones have the biggest impact, and what are these high-impact entities doing? That’s a question that one organization hopes to answer with a new web platform launching this month. The Global Canopy Programme’s Forest 500 aims to assess and rank the progress of government, investor, and company commitments to end deforestation by 2020.
While microfinance models have been hugely successful on a global scale in providing the means for people to escape extreme poverty, they aren’t often used to finance payments for ecosystem services projects that offer many poverty alleviating benefits. Despite it being risky and costly, both sectors see potential in working together on a larger scale
Two steps forward: Green Assets’ South-Carolina based improved forest management project received its first forest carbon offset issuance for the California market, and Finite Carbon registered new compliance projects in New York and New Hampshire. Two steps back: The first national-level REDD+ Agency in Indonesia may be absorbed into a climate change mitigation directorate, and Brazilian President Dilma Rousseff has appointed a “chainsaw queen and a climate change denier to top posts.
13 January 2015 | The Gold Standard Foundation, experts in climate and sustainable development activities, today announced the appointment of Marion Verles as the new CEO effective from 1st February 2015. Marion brings more than a decade of relevant industry experience to her new role having previously been the Founder and Executive Director of Nexus Carbon […]
The coming year will be a pivotal one for climate finance, and especially for forests, as more than $7 billion is set to cumulatively flow to forest-protection efforts aimed at Reducing Emissions from Deforestation and Degradation (REDD+) before the year is over. Here’s what we know about past flows in Brazil, Colombia, Ecuador, Ghana, Liberia, Tanzania and Vietnam.
As their primary consumers and users, women are ultimately the target customers of almost all cookstoves and fuels distributors. Less common, but no less important, is women’s inclusion throughout the clean cooking product supply chain. Here is how some enterprising organizations are engaging women from the bottom up.
California once again delayed the potential adoption of a new offset protocol for rice cultivation projects, as well as proposed updates to its forest protocol, to 2015 as stakeholders urged regulators to go back to the drawing board on a few particular elements. Meanwhile, regulators took some flak for the market uncertainty created by their recent invalidation of ozone-depleting substances offsets.
Most indigenous people have resisted the temptation to chop their forests for gain leaving them short of development largesse, but also in the lurch when it comes to financing programs aimed at saving forests that are clearly in danger. Now a new peer-reviewed paper says more than half the land under indigenous protection is, in fact, endangered and indigenous leaders say REDD finance can help them avert disaster.
When Todd Lemons showed up on Birutė Galdikas’s doorstep in 2007, she had no idea who he was or why he’d come all the way to the island of Borneo on a hunch. They ended up forging a partnership that created the Rimba Raya REDD project, saved the Seruyan Forest, and provided a template for others to follow suit.
DelAgua Health is harnessing carbon finance to distribute clean cookstoves and water purification devices to 100,000 households in western Rwanda this year. Now it wants to cover the entire country, targeting the poorest 30% of the population.
As fútbol fans tune in for the World Cup, host country Brazil’s emissions have also been in the spotlight. The International Federation of Association Football (FIFA) pledged to offset all direct emissions from the event, while local companies and foreign visitors alike have been encouraged to offset their impact. Local project developer, Mariama Vendramini of Biofílica, says this represents one of several initiatives that has helped increase domestic interest in forestry offsets.
Although New Zealand’s Emissions Trading Scheme was the first in the world to accept forestry offsets, many local forestry projects are ineligible for the program, forcing them to turn to the voluntary carbon markets where demand for offsets is limited. Consultancy Carbon Partnership explains the challenges facing Kiwi forest carbon projects within the context of its Rarakau project.
Payments for reduced deforestation in Acre, Brazil have finally started to flow, four years after the state first passed its payment for ecosystem services law. In corporate news, major clothing brands H&M, Zara and Stella McCartney announced that they will find alternatives to fabrics sourced from endangered forests within three years. Personal products company Johnson & Johnson released a new palm oil sourcing policy to protect people and forests – a bold move considering the complexity of the company’s palm supply chain.
A Peruvian sociologist dedicated to poverty alleviation has helped implement a version of payments for watershed services projects in impoverished nations like Guatemala, Peru and Indonesia with the help of WWF. The initiatives have led to a host of benefits for the local populations and ecosystems and now have the Chinese government as well as other nations interested in the model.
Brazil’s Paiter-Surui and cosmetics giant Natura made history last month when Natura bought the first-ever indigenous REDD carbon offsets from this once-isolated people. That transaction capped six years of development on the part of the Surui, but the events that led to it have been brewing for decades. Here’s how persistence, persuasion, and positive thinking paid off for Chief Almir Narayamoga Surui and the planet.
The state of Montana has more outstanding water rights than it has water, and it’s taking a toll on the state’s streams and aquifers. Chris Corbin thinks a water bank specifically for mitigation can solve the problem. If his idea works, it’ll be the latest in a series of projects in the West that use water rights markets to remedy environmental problems.
Ecosystem Marketplace, a project of the non-profit organization Forest Trends, is pleased to announce the upcoming release of our State of Forest Carbon Markets 2011 report. We will be launching this report in Washington, DC, San Francisco, and London, and invite you to attend.
Project developer Planting Empowerment earns carbon credits by leasing – rather than buying – degraded forest so that local owners can share more fully in the benefits of restoration. Maria Bendana speaks with co-founder Chris Meyer about the future of REDD, the challenges of small-scale restoration, and the benefits of leaving forests in local hands.
Part businessman, part politician, and all activist: Nigeria’s Odigha Odigha has managed to slow deforestation in his native Cross River State by taking on loggers and lobbying for the creation of a state forestry board. Now he’s a leading proponent of using carbon finance to help preserve what’s left of the country’s once vast rainforest – and he’s determined to make sure it’s done right.
Andrew Mitchell’s Global Canopy Programme has helped people around the world understand the role that rainforests play in regulating the environment and promoting rainfall well beyond their boundaries. Now he’s trying to see beyond carbon and REDD by promoting a concept he calls "Proactive Investment in Natural Capital" (PINC).
Conservationists can protect nature by demonstrating the value of ecosystem services and showing which development projects deliver the most benefits at the lowest environmental cost. John Reid’s Conservation Strategy Fund is equipping environmentalists around the world with the requisite economics know-how and showing them how to communicate findings to decision-makers.
If efforts to save the tropical rainforests by Reducing Emissions from Deforestation and Degradation (REDD) ever yield large-scale results, it will be in part because of demonstration projects like those in Brazil’s Guaraqueçaba Environmental Protection Area. Ecosystem Marketplace takes stock of three projects launched over the past decade by two NGOs and three corporate donors in the GEPA.
The new head of the Nature Conservancy is a 24-year Goldman Sachs vet who thinks big and acts globally. The Ecosystem Marketplace talks to Mark Tercek about his past success, his current challenges and his vision for TNC’s future.
When not raiding illegal Indonesian logging operations with the Governor of Aceh or hanging ten off the Australian coast, Dorjee Sun is cutting carbon offset deals – among them the world’s largest avoided deforestation project to date. The Ecosystem Marketplace talks to one of the environmental movement’s true mavericks.