Monthly Archives: February 2015

California Offset Market Slow to Ramp Up

Author: Allie Goldstein The results from California’s first cap-and-trade compliance period are in, and the numbers are encouraging. Allowance auctions have already raised millions for the state as emissions fall and the economy grows. But offsetting – the aspect of the program that invests in direct emissions reductions in non-capped sectors – has yet to reach…

Surui Outline Management of Carbon Funds for Community Projects

One year after money began flowing from the Surui Forest Carbon Project, the association that administers the project says funds have been used to support 20 different activities in support of climate and community goals, from fish farms to marketing of locally-produced handicrafts. 25 February 2015 | The Metareilá Association, which is the community organization…

Study Sees $1.6 Billion For Blue Carbon In Louisiana Wetlands

As Louisiana’s wetlands and mangroves retreat, the low-lying state becomes more and more susceptible to hurricanes and other coastal disruptions. Fortunately, mangrove forests also pull massive amounts of carbon out of the atmosphere and store it in the ocean floor. A new study says that carbon finance could provide up to $1.6 billion for wetland…

Industrialized Countries To Start Unveiling Climate-Change Strategies This Week

On Wednesday, the European Union will unveil its post-2020 climate-change strategy, kicking off a 40-day period during which most industrialized nations are expected to upload their strategies to the United Nations web site. By the end of June, every country in the world should have offered its own Intended Nationally-Determined Contribution to the climate challenge,…

Indigenous Life Plans And Carbon Finance: Two Sides Of The Same Coin?

In the early 1990s, environmentalists started experimenting with carbon finance to support conservation just as indigenous people of the Amazon began developing “Life Plans” to revive and support their traditions. A quarter century on, these two parallel initiatives have evolved in ways that are surprisingly complimentary – so much so they’re starting to converge, and…

REDD Is In The New Climate Text, But Will It Be An INDC?

The negotiating text that emerged from climate talks in Geneva includes six options for Reducing Emissions from Deforestation and Degradation (REDD) – or, pretty much every option currently floating around the halls. But as countries prepare their Intended Nationally-Determined Contributions (INDCs), it’s not clear that REDD will be recognized as such. 17 February 2015 |…

Stand For Trees: Forest Carbon For The Masses?

High-profile corporates like Disney and Microsoft have traditionally been among the leading buyers of carbon offsets that save endangered rainforest, but a new initiative is betting that these offsets – with their unique, compelling stories – will resonate with individuals as well. 10 February 2015 | Forest carbon has always been a touchy-feely way to…

Forest Trends Wins MacArthur Prize

Ecosystem Marketplace publisher Forest Trends will receive a $1 million MacArthur Award for Creative and Effective Institutions – a prize the Washington Post likens to the “Genius Awards” that the MacArthur Foundation grants to individuals who show high promise. The recipients were announced on Thursday, and Forest Trends will use the money to expand its work…

Indonesia Disbanded Its REDD+ Agency. That Might Not Be So Bad.

Last week, Indonesian President Joko “Jokowi’ Widodo disbanded the country’s independent REDD+ Agency as part of his effort to better coordinate activities related to forestry and the environment. While some worried this could undermine the country’s efforts to save its forests and slow climate change, Pungky Widiaryanto of the State Ministry of National Development Planning says the…