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Mongabay.com news articles on redd in blog format. Updated regularly.
(06/29/2009) A lot has been said about how to develop a successful forestry carbon project. Today, I am addressing how both for-profit and not-for-profit businesses can develop successful carbon forestry projects while commenting on some of these opportunities. I will also discuss forestry carbon as an alternative asset class for institutions and individuals. I have been working in this sector since 2006 and so let me share some thoughts and observations from the field.
Cambodia signs REDD agreement
(06/24/2009) Terra Global Capital, a San Francisco-based firm seeking to capitalize on emerging markets for ecosystem services, has signed an avoided deforestation deal with the government of Cambodia.
Fate of world's rainforests likely to be determined in next 2 years
(06/19/2009) The fate of millions of hectares of tropical forests will probably be sealed this year and next year, reports a new set of policy papers detailing an emerging climate change mitigation mechanism known as Reducing Emissions from Deforestation and Degradation (REDD). REDD has been proposed by the U.N. and other entities as a form of carbon finance under which industrialized nations would pay tropical countries for conserving their forest cover.
Commission on Climate and Tropical Forests forms to advise Congress, Obama on forest conservation
(06/18/2009) Leaders in business, government, advocacy, conservation, global development, science and national security have formed a commission to "provide bipartisan recommendations to Congress and the President about how to reduce tropical deforestation through U.S. climate change policies," according to a statement released by the newly established group, named the Commission on Climate and Tropical Forests.
Cameroon rainforest given 30 days to be conserved or sold off for logging
(06/18/2009) An 830,000-hectare tract of rainforest in Cameroon has been granted a 30-day reprieve from logging following a 4-week exploratory expedition that turned up large populations of lowland gorillas, forest elephants, mandrills, and chimpanzees, according to expedition leader Mike Korchinsky, founder of the conservation group Wildlife Works. The Cameroonian government has given Wildlife Works, which pioneered the first forest-based carbon project in Kenya, 30 days to come up with a competitive proposal to logging. The group is now scrambling to secure necessary funding to finance the early stages of the project.
Amazon deforestation doesn't make communities richer, better educated, or healthier
(06/11/2009) Deforestation generates short-term benefits but fails to increase affluence and quality of life in the long-run, reports a new study based an analysis of forest clearing in 286 municipalities across the Brazilian Amazon. The research, published in Friday's issue of the journal Science, casts doubt on the argument that deforestation is a critical step towards development and suggests that mechanisms to compensate communities for keeping forests standing may be a better approach to improving human welfare, while simultaneously sustaining biodiversity and ecosystem services, in rainforest areas.
Climate pact must halt deforestation and industrial logging of old-growth forests, exclude carbon credits for forest conservation, say activists
(06/09/2009) A global framework on climate change must immediately halt deforestation and industrial logging of the world's old-growth forests, while protecting the rights of forest communities and indigenous groups, said a broad coalition of activist groups in a consensus statement issued today at U.N. climate talks in Bonn Germany. The statement said the successor treaty to the Kyoto Protocol should not include mechanisms that allow industrialized countries to "offset" their emissions by purchasing carbon credits from reducing deforestation in developing countries, a position that puts the coalition at odds with larger environmental groups who say a market-based approach with tradable credits is the only way to generate enough money fund forest protection on a global scale.
Forest degradation is huge source of CO2 emissions
(06/05/2009) Selective logging, understory fires, fuelwood harvesting, and other forms of forest degradation are a substantial source of greenhouse has emissions, reports a policy brief issued by The Nature Conservancy (TNC) at U.N. climate talks in Bonn, Germany.
REDD can compete financially with palm oil in Indonesia peatlands while protecting endangered species
(06/04/2009) A new paper by Oscar Venter, a PhD student at the University of Queensland, and colleagues finds that forest conservation via REDD — a proposed mechanism for compensating developing countries for Reducing Emissions from Deforestation and Degradation — could be economically competitive with oil palm production, a dominant driver of deforestation in Indonesia. The study, based on overlaying maps of proposed oil palm development with maps showing carbon-density and wildlife distribution in Kalimantan (Indonesian Borneo), estimates that REDD is financially competitive, and potentially able to fund forest conservation, with oil palm at carbon prices of $10-$33 per ton of carbon dioxide equivalent (tCO2e). In areas with low agricultural suitability and high forest carbon, notably peatlands, Venter and colleagues find that a carbon price of $2 per tCO2e would be sufficient to beat out returns from oil palm.
Peatlands conversion for oil palm a 'monumental mistake' for Indonesia's long-term prosperity, sustainability
(06/04/2009) Indonesia's decision earlier this year to allow conversion of up to 2 million hectares of peatlands for oil palm plantations is "a monumental mistake" for the country’s long-term economic prosperity and sustainability, argues an editorial published in the June issue of Frontiers in Ecology and the Environment.
Tropical East Asian forests under great threat
(06/02/2009) Tropical East Asia's rapid population growth and dramatic economic expansion over the past half century have taken a heavy toll on its natural resources. More than two-thirds of the region's original forest cover has been cleared or converted for agriculture and plantations, while its flora and fauna have suffered dearly from a burgeoning trade in wildlife products—several charismatic species have gone extinct as a direct consequence of human exploitation. Nevertheless tropical East Asia remains a top global priority for conservation, supporting up to a quarter of the world's terrestrial species.
Reducing emissions from deforestation in developing countries
(06/02/2009) Global forest covers around 30 per cent of the Earth's land surface (nearly 4 billion hectares). Forests provide valuable ecosystem services and goods, serve as a habitat for a wide range of flora and fauna and hold a significant standing stock of global carbon. The total carbon content of forests has been estimated at 638 Gt for 2005, which is more than the amount of carbon in the entire atmosphere. Deforestation, mainly conversion of forests for agriculture activities, has been estimated at an alarming rate of 13 million hectares per year (in the period 1990-2005).
Brazil's plan to save the Amazon rainforest
(06/02/2009) Accounting for roughly half of tropical deforestation between 2000 and 2005, Brazil is the most important supply-side player when it comes to developing a climate framework that includes reducing emissions from deforestation and forest degradation (REDD). But Brazil's position on REDD contrasts with proposals put forth by other tropical forest countries, including the Coalition for Rainforest Nations, a negotiating block of 15 countries. Instead of advocating a market-based approach to REDD, where credits generated from forest conservation would be traded between countries, Brazil is calling for a giant fund financed with donations from industrialized nations. Contributors would not be eligible for carbon credits that could be used to meet emission reduction obligations under a binding climate treaty.
Forest Recovery Programs in Madagascar
(06/01/2009) Despite being one of the last habitable land masses on earth to be settled by man, Madagascar has lost more of its forests than most countries; less than 10% of its original forest cover now remains, and much of that is degraded. Political turmoil that erupted earlier this year continues to rumble on and the ensuing lawlessness has created the opportunity for illegal logging syndicates to plunder national parks, most notably Marojejy and Masoala, for valuable hardwoods and wildlife.
Nike, Unilever, Burger King, IKEA may unwittingly contribute to Amazon destruction, says Greenpeace
(06/01/2009) Major international companies are unwittingly driving the deforestation of the Amazon rainforest through their purchases of leather, beef and other products supplied from the Brazil cattle industry, alleges a new report from Greenpeace. The report, Slaughtering the Amazon, is based on a three-year undercover investigation of the Brazilian cattle industry, which accounts for 80 percent of Amazon deforestation and roughly 14 percent of the world's annual forest loss. Greenpeace found that Brazilian beef companies are important suppliers of raw materials used by leading global brands, including Adidas/Reebok, Nike, Carrefour, Eurostar, Unilever, Johnson & Johnson, Toyota, Honda, Gucci, Louis Vuitton, Prada, IKEA, Kraft, Tesco and Wal-Mart, among others.
Excluding forest carbon from climate policy will spur massive deforestation
(05/28/2009) Failure to develop policies that account for emissions from land use change will lead to widespread deforestation and higher costs for addressing climate change, warn researchers writing in the journal Science. Using a computer model that incorporates economics, energy, agriculture, land-use changes, emissions and concentrations of greenhouse gases, a team of researchers from the Department of Energy's Pacific Northwest National Laboratory (PNNL) and the University of Maryland found that efforts to limit atmospheric carbon dioxide levels while ignoring emissions from terrestrial sources would lead to nearly a complete loss of unmanaged forests by 2100, resulting largely from increased expansion of bioenergy crops. Meanwhile placing a value ("tax") on terrestrial carbon emissions equivalent to that on industrial and fossil fuel emissions would lead to an increase in forest cover.
Indigenous people, forest communities in Africa control less than 2% of forest land
(05/28/2009) Less than 2 percent of Africa’s tropical forests are under community control, hindering efforts to slow deforestation and alleviate rural poverty, reports a new assessment from the International Tropical Timber Organization (ITTO) and the Rights and Resources Initiative (RRI), a global coalition of non-governmental and community organizations.
Green groups, corporations call for forest conservation to counter global warming
(05/20/2009) A group of leading U.S. businesses and environmental groups today formed a coalition calling for the inclusion of forest conservation in domestic cap-and-trade legislation. The pact endorses policies that would allow companies to receive credit for reducing emissions by financing activities that protect forests in tropical countries. It also calls for five percent of proceeds from the auctioning of greenhouse gas emissions allowances under a cap-and-trade system to go towards funding forest conservation projects.
Peru gets $120m to protect 212,000 sq mi of Amazon rainforest
(05/13/2009) The Japanese government will loan Peru $120 million to protect 55 million hectares (212,000 square miles) of Amazon rainforest over the next ten years, reports El Comercio.
Indigenous forest management offers lessons in fighting global warming
(04/22/2009) A new book written by members of indigenous communities across Indonesia argues that traditional forest management practices can provide important lessons in the effort to slow climate change.
Indigenous people serve as guardians of forest carbon, must be involved in climate solutions
(04/22/2009) Efforts to create an international climate framework — including a carbon financing mechanism for forest conservation — must involve forest people, said indigenous leaders attending the Indigenous Peoples Global Summit on Climate Change meeting this week in Anchorage, Alaska.
Avoided deforestation projects highly desirable for carbon offsets finds survey
(04/21/2009) 91 percent of companies rated avoided deforestation as the most desirable forestry projects for carbon offsets, reports a survey by EcoSecurities, Conservation International, The Climate, Community & Biodiversity Alliance and ClimateBiz.
Rainforest conservation can help U.S. businesses reduce costs
(04/20/2009) Carbon credits generated through forest conservation could provide a cost-effective way for U.S. companies to reduce their greenhouse gas emissions, business leaders were told at a meeting in Columbus, Ohio
Kenya signs its first REDD deal to conserve forests
(04/16/2009) Kenya has signed its first carbon deal to reduce emissions from deforestation and degradation (REDD).
Rainforest conservation gains in U.S. and U.N. climate proposals
(04/14/2009) A proposed mechanism for reducing emissions from deforestation and degradation (REDD) figures prominently in the draft climate bill released last month by Congressmen Henry Waxman and Ed Markey as well as a U.N. document posted last week following a climate meeting in Bonn, Germany. Deforestation is the source of roughly 20 percent of greenhouse gas emissions from human activities.
How satellites are used in conservation
(04/13/2009) In October 2008 scientists with the Royal Botanical Garden at Kew discovered a host of previously unknown species in a remote highland forest in Mozambique. The find was no accident: three years earlier, conservationist Julian Bayliss identified the site—Mount Mabu—using Google Earth, a tool that’s rapidly becoming a critical part of conservation efforts around the world. As the discovery in Mozambique suggests, remote sensing is being used for a bewildering array of applications, from monitoring sea ice to detecting deforestation to tracking wildlife. The number of uses grows as the technology matures and becomes more widely available. Google Earth may represent a critical point, bringing the power of remote sensing to the masses and allowing anyone with an Internet connection to attach data to a geographic representation of Earth.
Greenpeace opposes forest conservation initiative in Indonesia
(04/02/2009) Greenpeace criticized Indonesia's plan to reduce deforestation through a market-based emissions mechanism known as REDD (Reducing Emissions from Deforestation and Degradation), reports AFP.
World leaders meet to discuss future of rainforests
(04/02/2009) World leaders met Wednesday to discuss the role rainforests can play in reducing greenhouse gas emissions.
Brazil: 'Soy King', Environment Minister strike deal on Amazon deforestation
(04/02/2009) Meeting at the Katoomba payments-for-ecosystem-services conference in Cuiaba, Brazil, Carlos Minc, Brazil's Environment Minister, and Blairo Maggi, Governor of the State of Mato Grosso and the world's largest individual soy grower, put aside their ideological differences and agreed to grant a temporary reprieve for ranchers and farmers in the Amazonian state, allowing them up to four years to reforest their holdings to bring them up to legal code. Under Brazilian law landowners in the "legal Amazon" are required to maintain 80 percent forest cover on their holdings, but in practice, the regulation is widely ignored.
Carbon credits from forest conservation would crash carbon market, says Greenpeace
(03/30/2009) Inclusion of forest conservation in a market-based mechanism for reducing greenhouse gas emissions would crash carbon prices by swamping the market with cheap credits, claims a new report from Greenpeace. The environmental group said low carbon prices would "derail global efforts to tackle global warming" and cause "developing countries losing out on billions of dollars a year for investment in clean energy technologies".
Can carbon credits from REDD compete with palm oil?
(03/30/2009) Reducing emissions from deforestation and degradation (REDD) is increasingly seen as a compelling way to conserve tropical forests while simultaneously helping mitigate climate change, preserving biodiversity, and providing sustainable livelihoods for rural people. But to become a reality REDD still faces a number of challenges, not least of which is economic competition from other forms of land use. In Indonesia and Malaysia, the biggest competitor is likely oil palm, which is presently one of the most profitable forms of land use. Oil palm is also spreading to other tropical forest areas including the Brazilian Amazon.
Advancements in satellite technology will help scientists and policy makers map and monitor forest carbon
(03/29/2009) Given that deforestation accounts for nearly one fifth of anthropogenic greenhouse gas emissions, reducing forest clearing and degradation is increasingly seen as an critical component to any framework addressing climate change. By some estimates, a mechanism that compensates countries for reducing emissions from deforestation and forest degradation (REDD) could funnel billions of dollars per year towards forest conservation. However the effectiveness of such a mechanism will hinge on the quality of data. Effective mapping and monitoring of forest carbon stores is absolutely key to any mechanism that compensates countries for reducing emissions from deforestation and forest degradation.
REDD in Indonesia could evict forest people from their lands, warns U.N. committee
(03/23/2009) In a letter released today, the United Nations Committee on the Elimination of Racial Discrimination expressed concern that a scheme to promote forest conservation in Indonesia via the Reduced Emissions from Deforestation and Forest Degradation (REDD) mechanism could increase conflict over land if the government doles out forest-carbon concessions in the same manner that it has with logging concessions. In the worst cases, forest people could be denied access rights to their traditional territories say indigenous rights' groups.
DR Congo, Indonesia, PNG, Tanzania, Vietnam win REDD funding for forest conservation
(03/20/2009) The United Nation's REDD Program has approved $18 million in support of forest conservation projects in five pilot countries: Democratic Republic of Congo, Indonesia, Papua New Guinea, Tanzania, and Viet Nam.
Norway emerges as champion of rainforest conservation
(03/19/2009) While citizens in western countries have long paid lip service to saving rainforests, Norway has quietly emerged as the largest and most important international force in tropical forest conservation. The small Scandinavian country has committed 3 billion krone ($440 million) a year to the effort, a figure vastly greater than the $100M pledged — but never fully contributed — by the United States under the Tropical Forest Conservation Act (TFCA). Norway now hopes it can help push to include forest conservation in the successor to the Kyoto Protocol by providing funding and fostering cooperation among international actors like the UN and World Bank, as well as developing countries, to fund the creation of an international architecture which makes it possible to incorporate deforestation and degradation into a post-2012 climate regime.
37,000 sq km of Amazon rainforest destroyed or damaged in 2008
(03/19/2009) Logging and fires damaged nearly 25,000 square kilometers (9,650 square miles) of Amazon rainforest in the August 2007-July 2008 period, an increase of 67 percent over the prior year period, according to a new mapping system developed by Brazil's National Institute for Space Research (INPE). The damage comes on top of the nearly 12,000 sq km (4,600 sq mi) of rainforest that was cleared during the year.
Economic crisis hurts forestry sector, sustainability initiatives
(03/16/2009) The global economic crisis has slowed demand for timber products and may undermine efforts to improve the environmental performance of forestry, reports the U.N. Food and Agriculture Organization (FAO) in its biannual "State of the World's Forests 2009", released today.
Indonesia applies for REDD partnership to protect forests
(03/04/2009) Indonesia has applied to join the World Bank's Forest Carbon Partnership Facility, becoming the largest developing country to apply to a program that seeks to reduce greenhouse gas emissions by saving tropical forests, reports Reuters.
Economic crisis hits conservation but may offer opportunities, says TNC president
(03/03/2009) In 2008 The Nature Conservancy (TNC) surprised the conservation world when it selected Mark Tercek, an investment banker from Goldman Sachs, as its new president and CEO. But for people who have worked with Tercek, the move made strategic sense – Tercek was a leading figure in the Goldman's effort to improve its environmental record. In 2005 Tercek was appointed to head up the firm's Environmental Strategy Group, which develops and implements its environmental policy, and its Center for Environmental Markets, an initiative that examines market-based solutions to environmental challenges. In that role Tercek worked with pioneers in ecosystem services science, including Gretchen Daily of Stanford University; John Holdren, the former director of the Woods Hole Research Center and currently President Obama's chief scientific adviser; and Peter Kareiva, chief scientist at TNC.
Cameroon may liquidate rainforest reserve if conservationists don't step forward
(03/02/2009) The opportunity to conserve a one million hectare tract rainforest in Cameroon is fast dwindling due financial pressures in the Central African country, reports a bulletin from the Ngoyla Mintom Foundation. In 2002 the government of Cameroon suspended logging rights and extended an offer to protect Ngoyla Mintom — a forest reserve that houses 4,000 lowland gorillas, 1,500 endangered chimpanzees, 3,000 forest elephants and an important population of vulnerable Mandrills — provided someone step forward to pay for it. To date there have been no takers. Now facing a mounting economic crisis, the government of Cameroon says it will soon concession Ngoyla Mintom for logging.
24% of Papua New Guinea's rainforest destroyed or degraded by logging in 30 years
(02/23/2009) Nearly one quarter of Papua New Guinea's rainforests were damaged or destroyed between 1972 and 2002, report researchers writing in the journal Biotopica. The results, which were published in a report last June, show that Papua New Guinea is losing forests at a much faster rate than previously believed. Over the 30-year study period 15 percent of Papua New Guinea's tropical forests were cleared and 8.8 percent were degraded through logging.
Clinton, Obama botch opportunity on climate, forest conservation
(02/20/2009) The Obama administration squandered a chance this week to show U.S. leadership on climate and forest conservation issues, when Secretary of State Hillary Clinton, during a visit to Jakarta, failed to bring up a new Indonesian government decree allowing conversion of carbon-rich peat forests to oil-palm plantations.
Indonesia confirms that peatlands will be converted for plantations
(02/19/2009) Indonesia's Minister for the Environment has approved a decree that will allow the conversion of carbon-rich peatlands for oil palm plantations, reports The Jakarta Post.
Rainforests absorb 20% of emissions annually
(02/19/2009) Undisturbed tropical forests are absorbing nearly a fifth of carbon dioxide released annually by the burning of fossil fuels, according to an analysis of 40 years of data from rainforests in the Central African country of Gabon. Writing in the journal Nature, Simon Lewis and colleagues report that natural forests are an immense carbon sink, helping slow the rise in atmospheric CO2 levels.
Pricing emissions from farming, logging could shift land use towards conservation
(02/15/2009) Putting a price tag on carbon dioxide emissions resulting from various land use practices could dramatically change the way that land is used, including reducing deforestation and limiting agricultural expansion on carbon-rich lands, said a researcher presenting at the annual meeting of the American Association for the Advancement of Science.
Payments for eco services could save the Amazon
(02/12/2009) Paying for the ecological services provided by the Amazon rainforest could be the key to saving it, reports a new analysis from WWF. The study, Keeping the Amazon forests standing: a matter of values, tallied the economic value of various ecosystem services afforded by Earth's largest rainforest. It found that standing forest is worth, at minimum, $426 per hectare per year.
Carbon market surges 84% in 2008
(02/12/2009) The value of the global carbon market surged 84 percent to $118 billion in 2008 despite the worldwide financial crisis, reports New Carbon Finance. Data from the market research firm shows that transaction volume for carbon dioxide emissions allowances reached four billion tons for the year, an increase of 42 percent over 2007.
Kerry, Lugar: U.S. has opportunity to lead on climate, forest conservation
(02/10/2009) The United States can reassert itself as a global leader on the environment by supporting an initiative to fight climate change by protecting forests, said leaders from a broad range of political, environmental, development and business communities at a meeting on Capitol Hill Monday. Joined by senators John Kerry (D-MA) and Richard Lugar, the "Avoided Deforestation Partners" coalition called for Congress to include "strong tropical forest protection measures in U.S. climate change legislation" ahead of this December's climate conference in Copenhagen, Denmark.
New model uses carbon credits, sustainable palm oil to save Indonesia's rainforests
(02/05/2009) The World Resources Institute (WRI) has launched an innovative avoided deforestation model that aims to deter conversion of Indonesian rainforest for oil palm plantations. The project, dubbed "POTICO" (Palm Oil, TImber, Carbon Offsets), integrates sustainable palm oil, FSC-certified timber, and carbon offsets in order to "divert new oil palm plantations onto degraded lands and bring the forests that were slated for conversion into certified sustainable forestry".
Norway to pay Guyana to save its rainforests
(02/05/2009) Norway will provide financial support for Guyana's ambitious plan to conserve its rainforests, reports the Guyana Chronicle. Meeting in Oslo, Norway on Tuesday, Guyana President Bharrat Jagdeo and Norwegian Prime Minister Jens Stoltenberg signed a Memorandum of Understanding agreeing to establish a partnership to reduce greenhouse gas emissions from deforestation and forest degradation (REDD). The leaders will push for the incorporation of a REDD mechanism that includes low deforestation countries like Guyana in a post-2012 climate change agreement.
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