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Rainforest Solutions

Rainforests could be traded on world market

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Written by Giovanni Lauricella
Sunday, 25 April 2010 22:12
American Electric Power and BP invested in the pilot project alongside environmental groups such as the Nature Conservancy to find out if protecting forests compensates for their own pollution.

The burning of tropical forests emits more carbon dioxide every year than all the cars, planes, and boats on the planet - between 15 and 20% of global emissions.

A deal at Copenhagen could mean both governments and businesses paying billions to keep the forests standing.

With agreement looking unlikely on many other areas, some negotiators feel a deal aimed at preventing deforestation may be the most concrete outcome from the talks.

Last Updated ( Sunday, 25 April 2010 22:25 )

A Plan to Save Rainforests Gains International Momentum

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Written by Giovanni Lauricella
Sunday, 25 April 2010 21:49
The scene was one for the history books. Kevin Conrad, representing the small tropical nation of Papua New Guinea, stood up at the 2007 climate negotiations in Bali, Indonesia. He gave the United States two options: Either lead or "get out of the way." The dramatic moment broke a deadlock at the time.

Today, some analysts believe that a plan to save the world's rainforests, championed then by Conrad in Bali, could again carry the day -- this time at international climate talks in Copenhagen in December aimed at drafting a replacement to the Kyoto Protocol.

Tropical forests to aid society

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Written by Giovanni Lauricella
Wednesday, 21 April 2010 23:05
Researchers working with forest community groups and policy makers in ten countries in Africa and Asia have developed a novel way to improve the flow of social and environmental benefits from tropical forests, according to an independent evaluation of an International Institute for Environment and Development (IIED) project published on 17 August.

"With forests set to take centre stage in a new global deal to tackle climate change, there is a desperate search underway for proven ways to improve governance to ensure that forest resources are managed for the public good,” says project leader and head of IIED’s Natural Resources Group, James Mayers.

“That search should look at what’s been achieved by the Forest Governance Learning Group (FGLG). Its experience shows how to improve governance in ways that lead to tangible changes in policy with positive impacts on people who depend on forests.”

Where do forest carbon markets go from here?

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Written by Giovanni Lauricella
Wednesday, 21 April 2010 14:38

For thousands of years, we have been planting and growing trees without difficulty. It's simple, and forest carbon business strategy can be, too. In fact, it's core to what I'm trying to teach the MBA/MS students in my course at the Erb Institute this semester: If the world's best available technology for removing carbon dioxide from the atmosphere is employing the natural photosynthetic capacity of natural forest management, we can too.

But in many ways, we are all unable to see the forests for the trees.

Even though the global carbon market grew to $136 billion with 8.3 billion tons of carbon dioxide traded in 2009, less than 0.1 percent of that was based on removing existing carbon dioxide out of the atmosphere using photosynthesis. While it is very important to engage in developing a low-carbon economy, it is equally important to remove existing carbon dioxide out of the atmosphere, especially since this is, in fact, a key to mitigating climate change.

Forest carbon offset projects -- whether planting trees, improving harvesting techniques, or not cutting trees -- have some unique characteristics that may make these assets a unique investment asset class. Investors can make debt and equity investments in forest carbon offset companies while they can also invest in spot and forward transactions of the mtCO2e produced by these forest carbon offset projects.

Last Updated ( Wednesday, 21 April 2010 14:59 )
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