Groundbreaking Project of Carbon Credits for Avoided Deforestation
Tuesday, August 7th, 2007Synopsis in English: Last week the Environment Ministry signed an agreement with the World Bank for the first project in Colombia, and one of the first in the world, involving the sale of carbon credits for “reduction of emissions from deforestation” (i.e., “avoided deforestation”). The project involves some 1,410 hectares in San Nicolás Valley in […]
Combatting Deforestation II: Agriculture and Forests
Wednesday, August 1st, 2007When I launched my series on deforestation in Latin America and the Caribbean (LAC) many months ago, I said I’d try to address different facets of the question in separate posts. My first tackled the question of just how serious is deforestation across LAC. Today, a look at the interface between agriculture, poverty and deforestation. […]
Power Plants Run on Grass
Wednesday, July 25th, 2007Last week a firm based in São Paulo state, Dedini, announced the signing of an agreement with Bahia-based Sykue Bionergya Electricidade to build Brazil’s first thermoelectric plant run entirely (see below to understand why I use this qualifier) on elephant grass. [Some press blurbs erroneously reported that it will be the world’s first such plant, […]
BNDES Creates R$200 mil. Program to Stimulate Carbon Credits
Monday, June 11th, 2007From the National Economic and Social Development Bank (BNDES): BNDES creates BRL 200 million program to encourage negotiation of carbon credits Funds will be placed in mutual participation funds in companies that adopt clean technologies BNDES created a new program to encourage ventures that adopt clean technologies, fomenting the generation of carbon credits in the […]
A Groundbreaking Carbon Deal for Bolivia / Un Convenio Innovador de Créditos de Carbono para Bolivia
Thursday, May 3rd, 2007From the World Bank: Bolivia: Innovative Approach Will Reduce Emissions Affecting the Climate World Bank’s Community Development Carbon Fund will purchase 200,000 tons of carbon dioxide equivalent Revenues will be used for improved social services An emissions reductions purchase agreement (ERPA) was signed today between the Community Development Carbon Fund (CDCF) which is managed by […]
A Guide to Markets and Commercialization of CDM Forestry Projects / Una Guía sobre los mercados y la comercialización de Proyectos MDL Forestales
Wednesday, March 21st, 2007The FORMA Project has released its “Guidebook to Markets and Commercialization of Forestry CDM Projects.” The Guidebook provides an overview of forestry projects meeting clean development mechanism (CDM) criteria under the Kyoto Protocol, a description of available carbon markets, and recommendations to the project developer. In the last two years, more than US$18 billion have […]
IDB Board Approves Climate Change Initiative
Friday, March 9th, 2007Note: for background on the Sustainable Energy and Climate Change Initiative (SECCI), see our November post. The draft working papers outlining the strategy can be downloaded via the following links: Ch I – The Renewable Energy Ch II -Opportunities Constraints Ch III – Barriers and Good Practices to Increase Clean Energy Ch IV – Carbon […]
Should Brazil Get More Credit for Climate Change Steps Already Taken?
Wednesday, February 21st, 2007This one has been sitting in the backlog queue since November, demanding to be finished and released. Recent comments by Environment Minister Silva gave me a new reason to do so and a “hook” to hang it on besides! Just as the Intergovernmental Panel on Climate Change (IPCC) released in Paris earlier this month its […]
Jamaica to Privatize Wigton Windfarm
Wednesday, December 27th, 2006The Petroleum Corporation of Jamaica (PCJ, or sometimes still referred to as “Petrojam”) announced yesterday that in 2007 it will privatize the windfarm it owns and manages at Wigton. Wigton currently has 23 wind turbines generating about 20.7 megawatts (Mw) for the electrical grid (the Jamaica Public Service Company is required to buy Wigton’s output). […]
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