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 […]
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 […]