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Huge Indonesia forest project could unlock funding for REDD+

2013-06-08 12:25:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: The launch of the largest project in the world to preserve forest carbon under the UN REDD+ scheme could help attract funding for similar projects, according to a UN Environment Programme (UNEP) expert. REDD+ (Reducing Emissions from Deforestation and Degradation) projects fund the protection of forests by providing a financial incentive to keep them standing. The equivalent carbon offset credits are given in return. The offset credits are typically purchased by larges business and manufacturers....

Tags: project huge forest indonesia

 

World's largest Redd project finally approved in Indonesia

2013-05-31 16:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Rimba Raya, the world's largest REDD+ project, has finally been approved by the Indonesian government and verified under the Verified Carbon Standard (VCS), a leading certification standard for carbon credits. The 64,000-hectare forest carbon project in Indonesia's Central Kalimantan Province on the island of Borneo is expected to reduce carbon dioxide emissions by 119 million tons over its 30-year life-span. The emissions reductions will come from avoiding drainage of area's carbon dense peatlands...

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Market for REDD+ carbon credits declines 8% in 2012

2013-05-31 00:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: The market for carbon credits generated from projects that reduce deforestation and forest degradation - a climate change mitigation approach known as REDD+ - dipped eight percent in 2012 according to an annual assessment of the global voluntary carbon market. The report, published by Ecosystem Marketplace and Bloomberg New Energy Finance and slated to be released next month, found that overall demand for voluntary carbon credits rose four percent in 2012, with buyers offsetting 101 million metric...

Tags: in market credits carbon

 

Thoughts on Reducing emissions from deforestation and forest degradation (REDD)

2013-05-29 03:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Field Museum: Friday before last, Camila Duarte and I spent the day down at the University of Chicago. Camila is a visiting Brazilian student who has worked with colleague Camila Ribas in Manaus, Brazil. She will be gathering molecular data on several species of birds that inhabit white sand forests in the Amazon Basin over the next five months. Camila and I were attending a all-day symposium entitled Conserving more than carbon: valuing biodiversity in a changing world at the Gordon Center for Integrative Science...

Tags: thoughts forest reducing emissions

 

Indigenous association to sue to shut down Panama's REDD+ program

2013-05-17 20:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Panama's largest association of indigenous people will sue the Panamanian government to shut down the country's Reducing Emissions from Deforestation and Degradation (REDD+) program. The National Coordinator of Indigenous Peoples in Panama (COONAPIP) announced its intent after it failed to reach agreement with the United Nation's REDD+ program, which has been working to establish a forest conservation framework in the Central American country. REDD+ aims to compensate tropical countries for cutting...

Tags: program association sue shut

 

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