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.
A team of researchers from the World Bank, Resources for the Future, Applied Geosolutions and others have released three working papers that set out wealth valuation methodologies spanning all the commercial wood, non-wood and ecosystems services forests provide and incorporated them in a global sustainable forest management database.
Researchers and governments in Mexico and Peru collaborated to produce quickly and cheaply produce national inventories of carbon stocks that could prove invaluable to reducing deforestation and carbon emissions, and charting sustainable development pathways.
EarthTalk® is a weekly environmental column made available to our readers from the editors of E/The Environmental Magazine Dear EarthTalk: Is it true that cutting and burning trees adds more global warming pollution to the atmosphere than all the cars and trucks in the world combined? — Mitchell Vale, Houston, TX By most accounts, deforestation in tropical rainforests adds more…
To a man, or government rather, all parties to the UN Convention on Biological Diversity–developed and developing nations alike–agreed to increase funding for biodiversity protection, a sign that government leaders are increasingly aware of the profound threats the extraordinary loss of plant and animal species that’s taking place poses to human societies and civilization the world over.
Construction of the Southern Transoceanic Highway through the Brazil-Peru Amazon up over the Andes and down to Peru Pacific ports is going to irreversibly change the lives of residents and the Amazon Basin ecosystem. A consortium of environmental and sustainable development groups are employing pioneering Payment for Ecosystem Services mechanisms to avoid massive deforestation and biodiversity loss and environmental degradation that may come with it.