Oct. 14 (Bloomberg) -- BP Plc, Europe’s second-largest oil company, hired Carbon Conscious Ltd. to plant gum-tree forests in Australia that will absorb greenhouse-gas emissions as businesses prepare for the introduction of climate-change laws.
The CarbonNeutral Company secures exclusive deal to sell carbon credits from first VCS validated forestry project in Africa; combined CDM methodology and validation provides new solution for permanence of forestry credits LONDON--(Business Wire)-- The CarbonNeutral Company, a world-leading carbon offset and carbon management company, has exclusively secured carbon credits from a reforestation project in the southern highlands of Tanzania.
More than a decade ago in the northeast corner of Bolivia, a group of polluters and environmentalists joined forces in the first large-scale experiment to curb climate change with a strategy that promised to suit their competing interests: compensating for greenhouse gas emissions by preserving forests.
European countries are still undecided on how to handle the thorny issue of deforestation under a new international climate change agreement, with national interests coming into play as EU ministers gear up for a series of meetings next week.
Bandar Seri Begawan - Brunei may study the idea of grouping with its Heart of Borneo (HOB) partners Malaysia and Indonesia to join the global carbon trading market where it could leverage on its rich forest cover, said Deputy Minister of Industry and Primary Resources.
"The immediate challenge now would be Copenhagen, and we need to somehow position ourselves so we can make a joint statement with Malaysia and Indonesia," said Date Paduka Hj Hamdillah Hj Abd Wahab yesterday.
As set out recently by Nicholas Stern, in order to have a reasonable chance of avoiding an increase in the average global temperature of more than 2 degrees Celsius, we need to reduce annual worldwide carbon-dioxide-equivalent (CO2) emissions from the present level of about 50 gigatons, to no more than 20 gigatons by 2050.
(Media-Newswire.com) - WASHINGTON, Oct.15, 2009 - HP today announced it has joined the Global Forest & Trade Network in North America ( GFTN-NA ), a World Wildlife Fund ( WWF ) initiative linking more than 300 companies globally that share a commitment to responsible forestry.
About 5,000 delegates from around the world have gathered in Argentina to discuss sustainable forestry.
They want to find ways to save the world's forests from fires, over-logging and the effects of population growth.
The forum in Buenos Aires brings together government delegates, industry members and non-governmental organizations.
Mark Lowcock, an executive of the UK Department for International Development (DFID), was recently in Indonesia to discuss several environmental issues including forestry management and poverty reduction. During the visit, Lowcock, also the director general for country programs in Africa, Asia, Eastern Europe, the Middle East and Latin America, with an annual budget of *2.7 billion, also made a visit to South Kalimantan to have a close look at the condition of forest and peatland management in the province.
The environmental group Greenpeace is attacking the legitimacy of a 13-year effort to produce carbon credits by saving Bolivia's rainforests -- an effort that other advocates defend as a pioneering and vitally necessary model for fighting global warming.
ROME — The UN food agency Tuesday announced a satellite image database on the degradation of the world's forests as part of efforts to reduce global warming caused by greenhouse gases.
WASHINGTON — Six developing countries will join five western nations, including the United States and Britain, to combat climate change by better managing forestry resources, the World Bank said Tuesday.
Argentina, Brazil and Paraguay are working toward a proposal that, by 2020, would completelyeliminate deforestation of the Atlantic forest basin. After centuries of agricultural development 93 percent of the forest, which originally covered over 193,000 square miles, has been destroyed.
CAMBODIA will invest in measures that counter greenhouse gas emissions, but it needs the financial backing of the developed world to succeed, according to its draft position on climate change announced Wednesday.
The position, made public on the final day of the National Forum on Climate Change, represents the country’s move to cement its bargaining stance ahead of key global climate change talks this December in Copenhagen – discussions that could determine how prepared Cambodia will be in confronting environmental threats.
Practicalities of trading carbon and protecting forests make meeting high expectations for REDD hard, say Esteve Corbera and Manuel Estrada.It is clear that any effective international 'deal' on climate change must decrease emissions from deforestation and land-use change that represent about a fifth of all emissions.
The Indonesian government is warning local authorities to be wary of those purporting to be carbon brokers promising big financial gains for future REDD projects. The Jakarta Post reports that bogus operators are attempting to sign up local governments and landholders on the promise of developing lucrative forest preservation projects, which in many cases are a con.