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Tackling deforestation through REDD will cost $12 billion, report warns

2014-02-08 14:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Developed and developing countries need to join forces in order to reduce emissions from land use and halve deforestation by 2020, but this would cost up to $12 billion (7.4 billion). The findings appear in a report released on Monday by the Interim Forest Finance Project a coalition formed by the Global Canopy Programme, the Amazon Environmental Research Institute, Fauna & Flora International and the UNEP Finance Initiative. It warns that rich countries participating to the so-called REDD+...

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REDD+ could fail without near-term financial support

2014-02-06 08:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: An ambitious plan to save the world's tropical forests by valuing them for the carbon the store may fail to reduce deforestation unless governments and multilateral institutions significantly scale up financial commitments to the program, argues a new report published by the Global Canopy Programme, the Amazon Environmental Research Institute, Fauna & Flora International, and UNEP Finance Initiative. The report, released last week, looks at the projected gap between supply and demand for emissions...

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Panama rainforest tribes settle dispute over UN REDD scheme

2013-12-15 20:10:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: Panamas government has resolved a bitter dispute over the alleged violation of indigenous peoples human rights, reviving a forest preservation scheme that was forcibly suspended earlier this year. The country`s US$5.8 million scheme to protect its forests can now resume, safeguarding one of the nation`s most valuable assets, which have steadily declined over the century. In 2010, Panama`s rainforests covered approximately 45% of the country, or 3,364,591 hectares, down from 70% cover in 1947....

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Global community puts forests first with milestone decision: REDD a reality

2013-12-13 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

WWF: In a major victory for the worlds tropical forests, the more than 1.6 billion people that are dependent on them, and the Earths fragile climate, global leaders have agreed on a much anticipated package of elements that will unlock finance to reward tropical forest nations for reducing carbon emissions from deforestation and forest degradation (REDD+). Delegates of the UN global climate meeting voted in favor of REDD+ at their November meeting in Warsaw. REDD+ will fight climate change by addressing...

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Climate talks: Outcome on REDD reached at Warsaw UN Climate talks

2013-11-25 09:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Pana: Negotiators at the UN Climate talks in Warsaw, Poland, have agreed on the rules on financing forest protection in developing nations, a breakthrough in the negotiations scheduled to end Friday. The mechanism for Reducing Emissions from Deforestation and Forest Degradation (REDD+) which puts sustainable finance and strong safeguards in front was reached here Friday and the framework on the mechanism will be formally adopted before the talks conclude on Friday. Negotiators are still locked up...

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