Recent News

Space agencies, Google seek ways to save forests

November 11, 2009

 OSLO, Oct 20 (Reuters) - Space agencies and Google Inc are helping an international project to monitor forests by satellite to fight global warming, the head of an international earth observation group said on Tuesday.

Deforestation from Brazil to Indonesia is blamed for emitting about a fifth of all greenhouse gases from human activities -- plants soak up carbon as they grow and release it when they burn or rot.

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Financial Solutions: Major U.S investment firms back forests as carbon credit generators.

November 11, 2009

 2009-10-25 20:03:25 - New survey shows that UN proposal to accept forest generated carbon offsets has big business support.

Major investors administrating around $7 trillion in assets including BlackRock Inc, Citigroup and UBS AG, support increasing the carbon market to include awarding credits for forest preservation, according to a recent survey that Financial Soultions is aware of.
 

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WWF to Screen Forest Carbon Investments

November 11, 2009

WWF’s Global Forest & Trade Network (GFTN) plans tolaunch investment screening guidelines for financial investors in the upcoming months to encourage support for responsible forest finance. WWF believes failure by the world’s financial leaders to support responsible forest finance will allow deforestation to continue. WWF is also calling for zero net deforestation by 2020.

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Senate hearing kicks off climate bill

November 11, 2009

 WASHINGTON — Top Obama administration officials are looking to make their case before the Senate for aggressive action to combat climate change, even as Republicans show no sign of softening their dislike of a Democratic bill that would dramatically cut heat-trapping pollution.

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Govt carbon credits to hit market

November 11, 2009

APROTECTED forest will be the first biodiversity reserve in Cambodia designed to take advantage of the global market for carbon credits, according to the Wildlife Conservation Society (WCS).

Seima Protected Forest, a former logging concession in Mondulkiri, covers 3,000 square kilometres and was declared a protected area by the Council of Ministers last week.

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Carbon values drive forest investment, greens wary

November 11, 2009

LONDON (Reuters) - New rewards to store carbon in trees are driving forestry investments, but green groups fear they pose a threat to ancient woodlands and rainforests.

A new environmental focus is driving momentum in the forestry sector, with new demand for wood to replace coal and natural gas in Europe, and emerging markets for carbon offsets.

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25X’25: Kerry-Boxer proposal needs more ag emphasis

November 11, 2009

 The Kerry-Boxer measure, (S. 1733) will need serious modification before it can maximize the role of farms, ranches and forestlands in reducing the nation's carbon footprint and combating global climate change, says the 25X’25 Alliance.

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Road to Copenhagen: Helping Indonesia advance as its emissions decrease

November 11, 2009

 For the world to be a livable place - indeed for the human race to survive - climate protection and economic development must go hand in hand. The million-dollar question that needs to be answered now is this: "Is it technically possible for the world's economic development to continue, leading to increased energy demand and changes in land use, by using clean and sustainable energy sources and technologies and by ensuring a healthy and balanced environment?"

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Millions poised for carbon forestry investment

November 11, 2009

MILLIONS of dollars, and millions of trees, are poised to go into "carbon forestry" the moment Australia’s emissions trading legislation is signed off. Carbon Conscious, a subsidiary of Western Australian sharefarming phenomenon Australian Agricultural Contracts Ltd (AACL), last week signed a deal with BP to plant up to 10 million oil mallees across Australia’s wheatbelt.

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Reality Sets In; Senate Allocation Pie Smaller Than House Climate Bill's

November 11, 2009

 At first glance, global warming legislation unveiled last week by Sen. Barbara Boxer (D-Calif.) appeared to mirror the House-passed climate bill when it came to the critical question of how to distribute valuable emission allowances.

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Event Announcement: World Bank Forest Investment Programme Trust Fund Sub-Committee Meeting

November 11, 2009

 Six developing countries (Brazil, the Democratic Republic of Congo, India, Morocco, Nepal and Romania) will join five contributor countries (Australia, Denmark, Norway, the UK and the US) on the newly elected governing body of the Forest Investment Program (FIP), a programme of the Strategic Climate Fund under the Climate Investment Funds of the multilateral development banks. The meeting will begin implementation of the Programme, including consideration of criteria for how to select pilot countries and regions.

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African Governments and Outside Powers Must Be Accountable

November 11, 2009

 On the eve of the climate change summit in Copenhagen this December, momentum for action still falls far short of that needed to avert catastrophe. Africa will suffer consequences out of all proportion to its contribution to global warming, which is primarily caused by greenhouse gas emissions from wealthy countries.

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CLIMATE CHANGE: Forests Much More Than Carbon Storage

November 11, 2009

 BUENOS AIRES, Oct 28 (Tierramérica) - The world's forests and jungles are much more than carbon storage sites and compensation for greenhouse emissions, experts and activists point out to governments that are negotiating a new global climate change treaty.


Forests hold two-thirds of the planet's biodiversity, provide vital services in terms of water and food supplies, and sustain the cultural and spiritual identities of some 1.6 billion people, including many indigenous communities that survive in the forest habitat. 

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CLIMATE CHANGE: Jockeying for Position in Copenhagen

November 11, 2009

 WINDHOEK, Nov 2 (IPS) - The global climate change caravan has arrived in Barcelona for a last round of talks before the Copenhagen summit. What's at stake for Africa?

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Without reinstatement of key provision, REDD could subsidize large-scale forest destruction

November 11, 2009

 The elimination of a key provision from the negotiating text for the Reducing Emissions from Deforestation and Degradation in developing countries (REDD) mechanism could turn the proposed climate change mitigation scheme into a subsidy for large-scale conversion of natural forests to industrial plantations, warned environmentalists today at the resumption of U.N. climate change negotiations in Barcelona. 

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Copenhagen: Deal or no deal? 65 per cent of global population demand governments commit to climate deal

November 11, 2009

 Nearly two thirds (65 per cent) of people surveyed across the globe believe a new international deal to cut emissions is 'very important', according to the annual Climate Confidence Monitor released today.

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Disney Co. spending $7M on conservation projects

November 11, 2009

WASHINGTON — Seeking to help fight climate change, the Walt Disney Co. says it will spend $7 million in partnership with three conservation groups to protect tens of thousands of acres of forest lands in the Congo basin, the Amazon basin and in two regions of the United States.

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EU is 2nd largest source of peat emissions after Indonesia, finds global peat survey

November 11, 2009

 The EU is the world's second largest source of carbon dioxide emissions from peatlands drainage, after Indonesia, reports the first country-by-country assessment of peat stocks. 

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Emissions from Deforestation Overestimated; 12% Rather Than 17%

November 11, 2009

 Greenhouse gas emissions from deforestation are lower than previously believed, according to a new study published in Nature Geoscience. The findings mean that developing countries may see less money under Reducing Emissions from Deforestation and Degradation, a proposed climate change mitigation mechanism. 

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UN Climate Pact Work Moves On, Deadline in Doubt

November 11, 2009

 BARCELONA, Spain — Negotiators at a U.N. climate conference in Spain further defined plans for reducing greenhouse emissions and continued work on a draft climate change treaty, with next month's deadline for a legal document increasingly in doubt.

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