Forest Carbon
In new climate deal, Norway will pay Indonesia $56 million for drop in deforestation, emissions
JAKARTA — Norway has agreed to pay Indonesia $56 million in a climate agreement between the two countries, as Indonesia has succeeded in reducing carbon dioxide emissions by preserving its vast tropical rainforests. The contribution agreement, signed Oct. 19 by both governments, is a follow-up to both countries’ new climate deal, which was struck on […]
EU votes to keep woody biomass as renewable energy, ignores climate risk
While forest advocates had high hopes, the EU parliament voted this week not to declassify woody biomass as a renewable energy source, paving the way for more EU, U.S., and Canadian forests to be turned into wood pellets and burned.
Even without human-driven deforestation, climate change threatens some forests
When it comes to climate solutions, trees are in vogue right now. From the Trillion Tree Campaign to the stream of vigorous — if somewhat vague — promises made at last year’s COP26 climate conference to halt global deforestation, harnessing the carbon-sequestering power of forests has become a goal of governments, cities, and policymakers across […]
Indonesia and Norway give REDD+ deal another go after earlier breakup
JAKARTA — Indonesia has signed a new climate deal with Norway that will see the Nordic country pay the Southeast Asian one to keep its forests standing. The deal comes a year after Indonesia terminated a nearly identical scheme between the two countries over the lack of payments. Land-use change, forest degradation, and deforestation account […]
BP exploited Mexican communities hoping to benefit from carbon credits: report
Oil and gas giant BP has been caught up in a controversy involving low payouts to Mexican villagers participating in its carbon credit program, designed to improve forest conservation while offsetting the company’s greenhouse gas emissions. A report published this month in Bloomberg Green said BP has been buying carbon credits from numerous Mexican villages […]
For companies shopping for quality carbon credits, a new guide offers help
A new guide published in May is helping companies make smarter decisions about purchasing tropical forest credits, a strategy for offsetting greenhouse gas emissions, slowing deforestation and mitigating climate change. The Tropical Forest Credit Integrity (TFCI) guide provides support for companies seeking to purchase high-quality carbon credits, which will bring them closer to decarbonizing their […]
Trees and soil at the forest’s edge store more carbon than we thought, studies reveal
Trees and soils keep a lot of carbon trapped in the forest, pulling it from the atmosphere, where it can do more harm than good. In fact, roughly 30% of the carbon generated from fossil fuel burning is captured by forests. “That’s CO2 that’s not in the atmosphere,” said Boston University biogeochemist and ecologist Lucy […]
Study: Indonesia’s forest-clearing moratorium underdelivered — but so did donors
JAKARTA — An eight-year effort by Indonesia to protect its remaining forests contributed just 4% of its emissions reduction target, yet still yielded carbon savings worth far more than it was paid under a deal with Norway. That’s the finding from a new study, which calls for better carbon pricing and financing at the global […]
Mongabay reporter sued in what appears to be a pattern of legal intimidation by Peruvian cacao company
In November 2020, Peruvian cacao company Tamshi filed a lawsuit against Mongabay Latam staff reporter Yvette Sierra Praeli for “aggravated defamation” over her reporting of a government investigation into the firm’s activities in the Peruvian Amazon. While the case was formally dismissed by a Peruvian court last month, it wasn’t the first time that Tamshi […]
New restoration “Playbook” calls for political, economic, and social change
International forest and climate experts have released a “playbook” for ecosystem restoration with a set of 10 principles that they say, if followed, could be a game-changer. The Political Ecology Playbook, published in the journal Global Environmental Change, recognizes that issues such as climate change and forest loss are not just biophysical and environmental problems, […]