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Loading ...Colombia’s First Official Carbon Sequestration Through Reforestation Project
Friday, June 29th, 2007Synopsis in English: Last week the Environment Ministry approved the first officially sanctioned reforestation project aimed at capturing carbon dioxide (CO2) as a clean development mechanism (CDM) project under the Kyoto Protocol. The project involves 15,000 hectares in the Chinchina River Basin in the department (similar to a state or province) of Caldas. The project […]
UNDP Launches Unique Carbon Facility
Tuesday, June 12th, 2007The United Nations Development Programme (UNDP) has jumped into the growing carbon finance market with its own offering — carbon credits with a human development twist, as it were. UNDP says that the trouble with the current carbon market is that it tends to fund projects in only a handful of countries and with little […]
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 […]
Colombia Insists: We’re Serious About Climate Change
Monday, March 19th, 2007Just before the release of the IPPC report, the Minister for Environment, Housing and Territorial Development (MAVDT) held a press conference to assure everyone that global climate change is a priority issue for the Uribe Administration. The fact that Minister Juan Lozano Ramírez felt the need to do so says something. Lozano Ramírez outlined the […]
Panamanian Project Among First to be CCB Certified
Sunday, March 11th, 2007Panama has one of the first forestry projects certified under Climate, Community & Biodiversity Alliance’s (CCBA) Climate, Community & Biodiversity (CCB) Standards (download the standards in English or Spanish). Such projects go beyond Kyoto Protocol requirements for carbon financing under the clean development mechanism (CDM). The CCBA is a partnership between research institutions, environment NGOs […]
A Sustainable Energy Plan for Barbados?
Tuesday, February 27th, 2007In an earlier article, I looked at the sustainability of Brazil’s long-range energy plans. Today I examine Barbados’ recently announced 20-year plans. The government of Prime Minister Owen Arthur recently presented to Parliament a ambitious draft national energy plan that has numerous environmental elements in it. While some have applauded its stated intentions — reduction […]
New Environmental Caucus in Brazilian Congress
Thursday, February 22nd, 2007A Sign of the Times? On Valentine’s Day in Brasilia a large group of Federal Deputies, with top officials from the Environment Ministry (including Minister Marina Silva), the President of the Chamber of Deputies Arlindo Chinaglia [Workers’ Party (PT) – São Paulo (SP)], and representatives of several key environmental nongovernmental organizations (NGOs) by their side, […]
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 […]