Forest Trends' Ecosystem Marketplace warmly invites you to join us for a discussion of the State of the Forest Carbon Markets 2014 report, “Turning over a New Leaf.”
|Time:||Wednesday, December 10th from 1-2 p.m.|
|Location:||Forest Pavilion, Voces de Clima, Lima|
|(At the Jockey Club, 5 minutes away from the main COP venue, shuttle buses available.)|
- Gloria Gonzalez, Senior Carbon Associate, Ecosystem Marketplace
- Allie Goldstein, Forest Carbon Associate, Ecosystem Marketplace
- Juan Carlos Gonzalez Aybar, Latin America Director, Althelia Climate Fund
- Mariama Vendramini, Finance & Commercial Director, Biofilica Investimentos Ambientais S.A.
- Tracy Johns, Director of Jurisdictional Programs, Wildlife Works
Demand for carbon offsets earned from forest protection or renewal grew 17% in 2013 as companies and governments invested $192 million in efforts to plant trees, improve forest management, support “climate-smart” agriculture, or avoid deforestation (REDD). In particular, buyer interest in offsets generated from REDD tripled to total 24.7 million tonnes last year, with avoided deforestation projects now covering almost 20 million hectares, about the forest area of Malaysia. However, in the context of difficult market dynamics, global average prices for forest carbon offsets declined to $5.2/tonne, down from $7.8/tonnes in 2012, and far short of the prices project developers say they need to support existing interventions.
At our December 10th discussion, the co-authors of the State of the Forest Carbon Markest 2014 will present key findings from Ecosystem Marketplace’s research. Panelists will comment on their experience developing or investing in forest carbon projects and the state of the market in the context of the United Nations climate negotiations. Questions and comments from the audience encouraged.
Hope to see you there!
The full report (and Executive Summary in English and Spanish) is available at www.forest-trends.org/fcm2014.php.
Thank you to our sponsors!