When the Hadza hunter-gatherer people of northern Tanzania decided to slow deforestation in the Yaeda Valley, they turned to carbon markets. First, they had to do something they’d never done before: secure rights to the land they had been inhabiting for for 40,000 years
The African Carbon Forum wrapped up last week in Morocco with calls to beef up funding for results-based finance and improve existing market-like mechanisms, such as the Clean Development Mechanism, as the eight-month countdown to year-end talks in Paris begins
Increasing stability in the Democratic Republic of Congo, which has the second largest forested area in the world, could result in the forests falling under threat from development, so the government is launching a pay-for-performance avoided deforestation program seeking $50 million a year from the private sector.
The Verified Carbon Standard does compliance in California (and beyond?), corporate buyers have lots of love for the Kasigau Corridor REDD+ project, and CO2EXCHANGE offers another option on the web for your offset purchasing predilections.
Tanzania and China experiment with public-private partnerships to minimize water-related risks while Costa Rica models the revolving loan fund for watershed protection. And Ecosystem Marketplace reaches the one month mark before its State of Watershed Investment 2014 report launches.
DelAgua Health is harnessing carbon finance to distribute clean cookstoves and water purification devices to 100,000 households in western Rwanda this year. Now it wants to cover the entire country, targeting the poorest 30% of the population.
The California Air Resources Board approves a new offset protocol for coal mine methane. But market participants say there is still more to be done with land-based offsets. The United Nations faces criticism over the administrative budget for the Clean Development Mechanism, while China and Africa look for alternatives to finance certified emissions reduction projects.
The Althelia Climate Fund last month made its long-awaited first investment in REDD+: a $10 million commitment to support REDD+ in Kenya’s Taita Hills, adjacent to the historic Kasigau Corridor REDD+ Project. Mike Korchinsky, CEO and founder of project developer Wildlife Works, tells Gloria Gonzalez how the deal came together and how this project differs from its previous efforts.
A sustainable agriculture project in the Nyanza and Western Provinces in Kenya became the first to market offsets from carbon sequestered in soils, with financing flowing to smallholders. But elsewhere in Kenya, in the Embobut forest, the Sengwer people are being evicted from their homes.