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China’s Big Plans For Forests And Climate Change

China’s national climate action plan will drive down emissions in part by ramping up the country’s already massive tree-planting programs. But scientists are still haggling over how ambitious to call the land-use target. China released the plan this week.

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Standoff Continues In South Korea’s New Carbon Markets

With no trading of allowances since mid-January, businesses regulated by South Korea’s cap-and-trade program have made their dislike of the carbon markets well known. That stand-off will likely end next year, as the first compliance deadline approaches, but analysts warn that a scarce supply of offsets may increase the costs for companies then.

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Global Forum To Highlight Solutions To Water Shortages, Stress And Scarcity

The world is overwhelmed by water stress and scarcity and sustainable water management in many forms is an absolute necessity. The good news is water practitioners are developing innovative solutions to water challenges that will be shared this week during the multi-sector, high level and collaborative World Water Forum.

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Myanmar Kills Forests To Plant Farms, Then Forgets To Farm

The four-year-old government of Myanmar came in with a big promise to boost the economy, in part by ramping up agricultural production. But so far, all it’s ramped up is deforestation – destroying some of the most biodiverse land in the world, and then not even planting the farms it had planned to develop.

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This Week In Forest Carbon: Tax Revenue Builds Big PES Scheme In India

For the first time ever, India is including forest cover in its tax allocation formula earmarking $6 billion for results-based forest conservation-more than any other nation in the world. This means state government’s portion of tax revenue is partially dependent on how much forestland it has maintained.

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This Week In V-Carbon: Taking Stock of California’s Progress

In the two years since the implementation of California’s carbon market, the state’s Gross Domestic Product grew 2% while emissions in capped sectors dropped 3.8%. Across the pond, China has taken note. The nation is working closely with the Golden State through a number of partnerships-perhaps the most prominent being between the Air Resources Board and its Chinese counterpart known as the National Development and Reform Commission (NDRC).

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California Moves With Chinese Provinces On Climate

The United States and China made headlines last year with their Climate Pact, but significant collaboration had already occurred at the subnational levels. Both California and several of China’s provinces launched emissions trading systems (ETS) in 2013, and they have been working together ever since. Now, a new report highlights the latest accomplishments and partnerships.

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Indonesia Vows: We Will Be Ready For Results-Based REDD Payments By End Of 2016

While negotiators here in Lima enter their last two days of talks, Indonesia says it will be ready to begin receiving results-based payments for REDD+ by 2016. In a wide-ranging talk delivered late last night, the head of the country’s REDD+ Agency said it had not only finished its reference levels, but had implemented institutional reforms that would make REDD+ a reality.