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Costa Rica scripts a new chapter in forest carbon finance | Making our future sustainable

Costa Rica scripts a new chapter in forest carbon finance | Making our future sustainable | Sustainable Development & International Cooperation | Scoop.it

Thick cloudy skies subdued the sunlight on an autumnal day in Paris. That did not stop the group of representatives from the public and private sector attending the 5th Carbon Fund Meeting of the Forest Carbon Partnership Facility (FCPF) from making a decision that is a major milestone. Costa Rica is set to become the first country to access performance-based payments through the FCPF. This is the first time a national program is being supported by carbon funds in this global initiative of 54 countries and organizations, heralding a new phase in forest carbon finance.

This decision is a strong vote of support for Costa Rica’s ambitious plan to become the first “carbon neutral” country by 2021. Conserving forests and planting trees that capture carbon dioxide plays a large role in the national endeavor.

An interesting feature of Costa Rica’s proposal to the Carbon Fund is the quasi-national scope of the program that would be implemented in a mosaic approach on additional 341,000 ha of mainly privately owned land. Two-thirds of the targeted area is degraded land that the country aims to restore with reforestation, secondary growth and agroforestry, and one-third is old growth forest that will be protected from deforestation. The resulting emission reductions are estimated at 29.5 million tons of CO2. Close to half of these emission reductions (12.6 million tons of CO2) would be offered to the Carbon Fund, and would require an estimated financing of $63 million (assuming a price of $5 per ton of CO2).

Andreas Dahl-Jørgensen, Carbon Fund Participant representing the Government of Norway, said that “Costa Rica demonstrated again its global leadership on REDD+ and climate change. Their ambitious nation-wide REDD+ program will demonstrate how international carbon payments can contribute to green growth, offering a range of additional benefits including invaluable biodiversity, foreign investments, local livelihoods and water”.

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Friends of the Earth: Demand an end to food for fuel

Friends of the Earth: Demand an end to food for fuel | Sustainable Development & International Cooperation | Scoop.it
Ask MEPs to do the right thing (RT @HuddsGreenpeace: Friends of the Earth: Demand an end to food for fuel http://t.co/pMFhsMCmIo via @wwwfoecouk #biofuel #biomass)...
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GMO Crops: Scientists Agree It's Bio-Warfare On Our Food Supply - Underground Health

GMO Crops: Scientists Agree It's Bio-Warfare On Our Food Supply - Underground Health | Sustainable Development & International Cooperation | Scoop.it
More than 800 scientists from around the globe who have joined forces in an open letter to all world governments saying GMO foods are dangerous.
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ScienceDirect.com - Estuarine, Coastal and Shelf Science - Estuarine and lagoon biodiversity and their natural goods and services

#paper Estuarine and lagoon biodiversity and their natural goods and services http://t.co/jHgc3jcM7U
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Bananas could be future staple

Bananas could be future staple | Sustainable Development & International Cooperation | Scoop.it

Climate change could lead to crops from the banana family becoming a critical food source for millions of people, a new report says.

 

Researchers from the CGIAR agricultural partnership say the fruit might replace potatoes in some developing countries.

Cassava and the little-known cowpea plant could be much more important food crops as temperatures rise.

 

People will have to adapt to new and varied menus as traditional crops struggle, say the authors.

 

Responding to a request from the United Nations' committee on world food security, a group of experts in the field looked at the projected effects of climate change on 22 of the world's most important agricultural commodities.

 

Responding to a request from the United Nations' committee on world food security, a group of experts in the field looked at the projected effects of climate change on 22 of the world's most important agricultural commodities.

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UN Biodiversity talks move forward but nature needs more - IUCN | The Glory of the Garden

UN Biodiversity talks move forward but nature needs more - IUCN | The Glory of the Garden | Sustainable Development & International Cooperation | Scoop.it
Hyderabad, India, 19 October 2012 – Despite good progress towards achieving the 2020 targets to halt the loss of biodiversity, efforts to conserve nature must be urgently scaled up if we want to meet the 2020 deadline to save all life on earth -...
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"Green from the Grassroots" by Elinor Ostrom | Project Syndicate

"Green from the Grassroots" by Elinor Ostrom | Project Syndicate | Sustainable Development & International Cooperation | Scoop.it

We have never had to deal with problems of the scale facing today’s globally interconnected society. 

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Yale Environment 360: Global Biodiversity Maps ...

Yale Environment 360: Global Biodiversity Maps ... | Sustainable Development & International Cooperation | Scoop.it
Yale Environment 360: Global Biodiversity Maps Show Species Health Down to Local Level on forests curated by Wildforests (RT @wildforests: Global #Biodiversity Maps Show Species Health Down to Local Level > http://t.co/rSw4oHy4yk)...
JJ Fernandes's insight:

Intersting work on biodiversity infographics.

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In Africa, loss of biodiversity overshadowed by technology and innovation « Inside the United Nations

In Africa, loss of biodiversity overshadowed by technology and innovation « Inside the United Nations | Sustainable Development & International Cooperation | Scoop.it
'As Africa's economies rise - it's #biodiversity is in big trouble' - correspondent for @TheEconomist -> http://t.co/MsVrhlaFQl
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From climate-smart agriculture to climate-smart landscapes |Agriculture & Food Security

For agricultural systems to achieve climate-smart objectives, including improved food security and rural livelihoods as well as climate change adaptation and mitigation, they often need to be take a landscape approach; they must become...

Via CGIAR Climate
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Costa Rica scripts a new chapter in forest carbon finance | Making our future sustainable

Costa Rica scripts a new chapter in forest carbon finance | Making our future sustainable | Sustainable Development & International Cooperation | Scoop.it

Thick cloudy skies subdued the sunlight on an autumnal day in Paris. That did not stop the group of representatives from the public and private sector attending the 5th Carbon Fund Meeting of the Forest Carbon Partnership Facility (FCPF) from making a decision that is a major milestone. Costa Rica is set to become the first country to access performance-based payments through the FCPF. This is the first time a national program is being supported by carbon funds in this global initiative of 54 countries and organizations, heralding a new phase in forest carbon finance.

This decision is a strong vote of support for Costa Rica’s ambitious plan to become the first “carbon neutral” country by 2021. Conserving forests and planting trees that capture carbon dioxide plays a large role in the national endeavor.

An interesting feature of Costa Rica’s proposal to the Carbon Fund is the quasi-national scope of the program that would be implemented in a mosaic approach on additional 341,000 ha of mainly privately owned land. Two-thirds of the targeted area is degraded land that the country aims to restore with reforestation, secondary growth and agroforestry, and one-third is old growth forest that will be protected from deforestation. The resulting emission reductions are estimated at 29.5 million tons of CO2. Close to half of these emission reductions (12.6 million tons of CO2) would be offered to the Carbon Fund, and would require an estimated financing of $63 million (assuming a price of $5 per ton of CO2).

Andreas Dahl-Jørgensen, Carbon Fund Participant representing the Government of Norway, said that “Costa Rica demonstrated again its global leadership on REDD+ and climate change. Their ambitious nation-wide REDD+ program will demonstrate how international carbon payments can contribute to green growth, offering a range of additional benefits including invaluable biodiversity, foreign investments, local livelihoods and water”.

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Resource Revolution: Supplying a Growing World in the Face of Scarcity and Volatility | New Security Beat

Resource Revolution: Supplying a Growing World in the Face of Scarcity and Volatility | New Security Beat | Sustainable Development & International Cooperation | Scoop.it

Over the next two decades, as many as three billion people will join the middle class, even as billions more live without electricity, modern cooking fuel, and safe and reliable access to food and water. Resources are becoming more scarce and more difficult to extract, and combin ...


Via Ashesh
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