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Poseidon Foundation Invests $2.6MM in Ecosphere+ Cordillera Azul REDD+ Project

The first investment in an Ecosphere+ project, Poseidon’s blockchain initiative links retail purchases and carbon emission reduction credits.

Green Bond Fund supports REDD+ sustainable forestry

IFC Raises $152 Million in Tropical Forest Bonds Debut

Developed by IFC in collaboration with BHP Billiton and Conservation International, some of the world’s largest Institutional investors, including TIAA-CREF and QBE, bought the first Forest Bonds issue, which gives them the option of receiving coupon payments in the form of cash or carbon credits from a UN REDD program in Kenya.

Boxer Releases Full Draft of Climate Bill -Specifies Allocations and Costs

Senator Barbara Boxer released a 923-page draft of the Clean Energy Jobs and American Power Act over the weekend, the Senate version of climate and energy legislation, for the first time specifying emissions allocations and costs proposed in the bill. “We’ve reached another milestone as we move to a clean energy future, creating millions of jobs and protecting our children from…

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EarthTalk: What Carbon Neutral Really Means and Getting More High Mileage Diesel Cars on American Roads

E Magazine’s EarthTalk for this weeks looks at the meaning of “carbon neutral” and why there aren’t more high-mileage diesel cars on American roads.