Finance and Economics

Interview with Tim Boyle from the UN-REDD Programme

June 4, 2010
Author/organization: 
Katoomba Group

Part of a series of interviews leading up to Katoomba XVII taking place this month in Vietnam, the Katoomba Group's Ben Metz sits down with Tim Boyle, Asia Pacific Coordinator of the UN-REDD Programme to discuss the challenges for making REDD work in southeast Asia.

Tim Boyle is one of three UN coordinators for the UN-REDD Asia Pacific Region. Tim is based in Thailand and is enaged in ten countries across the region supporting the development of REDD.  He’ll be moderating the session on Benefits Distribution Systems at Katoomba XVII in Hanoi.

Mapeo de Actores y experiencias en REDD+ en Ecuador

May 1, 2010
Author/organization: 
Andrea Garzón, EcoDecisión

Viendo la necesidad de conocer mejor a los actores, sus actividades, visiones y relaciones surge el mapeo de actores como una actividad del Proyecto “Fortalecimiento de capacidades en REDD+ y servicios ambientales” a cargo de EcoDecisión y financiado por Avina. El objetivo del proyecto es fortalecer el componente de “cambio climático y servicios ambientales” de Articulación Regional Amazónica (ARA) y de la Red de Interesados en Servicios Ambientales en Latinoamérica (RISAS), mejorando la capacidad de los actores para la toma de decisiones informadas y actoría en el tema.  Así, el mapeo de actores en REDD+ en Ecuador debe contribuir tanto a la elaboración y puesta en marcha de programas y proyectos nacionales como a iniciativas prvadas que impulsen la implementación del mecanismo REDD+.

A nivel global, en los últimos años surge cada vez con más intensidad un reconocimiento que los países tropicales necesitarán apoyo económico  incentivos para Reducir las Emisiones de Deforestación y Degradación contribuyendo a la conservación, manejo sostenible de los bosques e incremento de los stocks de carbono forestal en países en desarrollo (REDD+)1.  Aunque no se cumplieron las expectativas de muchos para que en la pasada Conferencia de las Partes la Convención de Cambio Clmático en Copenhag

Benefits of tropical forest management under the new climate change agreement [REDD+]—a case study in Cambodia

June 3, 2010
Author/organization: 
Nophea Sasaki, Atsushi Yoshimoto

Promoting sustainable forest management as part of the reduced emissions from deforestation and degradation in developing countries (REDD)-plus mechanism in the Copenhagen Accord of December 2009 implies that tropical forests will no longer be ignored in the new climate change agreement. As new financial incentives are pledged, costs and revenues on a 1-ha tract of tropical forestland being managed or cleared for other land use options need to be assessed so that appropriate compensation measures can be proposed. Cambodia's highly stocked evergreen forest, which has experienced rapid degradation and deforestation, will be the first priority forest to be managed if financial incentives through a carbon payment scheme are available. By analyzing forest inventory data, we assessed the revenues and costs for managing a hypothetical 1 ha of forestland against six land use options: business-as-usual timber harvesting (BAU-timber), forest management under the REDD-plus mechanism, forest-to-teak plantation, forest-to-acacia plantation, forest-to-rubber plantation, and forest-to-oil palm plantation. We determined annual equivalent values for each option, and the BAU-timber and REDD-plus management options were the highest, with both options influenced by logging costs and timber price. Financial incentives should be provided at a level that would allow continuation of sustainable logging and be attractive to REDD-plus project developers.

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Multilateral Interim REDD+ Partnership Established in Oslo

June 1, 2010
Author/organization: 
Jens Stoltenberg, Prime Minister of Norway and Dr. Susilo Bambang Yudhoyono, President of Indonesia

Heads of State and Government, Ministers and other representatives of 55 countries as well as distinguished delegates from civil society, indigenous peoples and the private sector attended the Oslo Climate and Forest Conference to endorse and launch the REDD+ Partnership. In total, 4 billion dollars will be made available to support developing countries in their efforts to reduce forest loss.

The Partner Countries agreed that although finalizing an agreement on REDD+ under the UNFCCC must be a top priority, the negotiations will take time. The global partnership established at the Oslo Climate and Forest Conference is an action track to supplement the UNFCCC negotiation track. This partnership allows developing and developed country partners to act together now to reduce deforestation, building on the political momentum from Copenhagen, while continuing the negotiations on a global regime.

Getting Carbon Value Out Of The Forestry And Wood Sector In Annex I Countries: The French Example

April 1, 2010
Author/organization: 
Mariana Deheza and Valentin Bellassen

After a description of the forestry sector and its position in existing carbon pricing frameworks, this study focuses on the extent to which "voluntary" carbon markets might make it possible to value the sequestration of CO2 in forestry and timber projects carried out in French territory. With an eye towards practical application, it is based on seven hypothetical projects that could apply for carbon certification in the voluntary markets. The study estimates the sequestration potential of these projects and the number of carbon credits they could generate. A cost benefit analysis is also developed for one of these projects.

This study examines the possibilities to monetize on carbon markets four types of actions through
which the forestry and wood sector can mitigate climate change:

REDD+ in the Post-Copenhagen World: Recommendations for Interim Public Finance

May 13, 2010
Author/organization: 
Instituto de Pesquisa Ambiental da Amazônia (IPAM), Woods Hole Research Center, Forest Trends, Global Eco Rescue, Tropical Forest Group, and Instituto de Conservação e Desenvolvimento Sustentável do Amazonas (IDESAM)

It is a make-it or break-it moment for REDD+ internationally.  Interim REDD+ Finance over the next 3 years will be crucial.  A report from IPAM, the Woods Hole Research Center, Forest Trends, Global Eco Rescue, Tropical Forest Group, and IDESAM (with additional authors from EDF, Univ Colorado, and State of California) summarizes recommendations for Interim REDD+ Finance.

The report highlights 6 main lessons and opportunities for interim REDD+ finance:

Bringing Forest Carbon Projects to the Market

May 12, 2010
Author/organization: 
ONF International

The guidebook instructs project developers and financiers on how to develop and bring to market profitable forest carbon projects.

Although the markets for selling carbon credits have grown rapidly of late, forestry still plays a relatively minor role. This bottleneck in the demand for supply of forestry carbon persists, despite its tremendous potential to mitigate climate change (forest deforestation accounts for approximately 20% of annual global greenhouse emissions), and the significant developmental co-benefits that typically accompany well-designed forestry projects.

Realising REDD+: National strategy and policy options

April 23, 2010
Author/organization: 
Ed. Arild Angelsen/ CIFOR

The Center for International Forestry Research (CIFOR), a member organization of the Consultative Group on International Agricultural Research (CGIAR),  has published a book titled "Realizing REDD+: National Strategy and Policy Options." The book draws lessons from national experiences to inform strategies and policies for reducing emissions from deforestation and forest degradation in developing countries, conservation, sustainable forest management and enhancement of forest carbon stocks (REDD+).

Edited by Arild Angelsen, Maria Brockhaus, Erin Sills, William D. Sunderlin, and Sheila Wertz-Kanounnikoff, the book reviews the challenges in moving REDD+ implementation from the global to the national level. It explores options for national level REDD+ institutional architecture and financing, policy reforms that could enable REDD+, and the shifting of incentives to achieve REDD+ goals.

Forest Law Enforcement and Governance and Forest Practices in Guyana

April 20, 2010
Author/organization: 
Jorge Trevin and Robert Nasi/ CIFOR

April 2010: The Center for International Forestry Research (CIFOR), a member of the Consultative Group on International Agriculture Research (CGIAR), with funding from the Norwegian Government, has published a study on forest law enforcement and governance, and forest practices in Guyana. The study was carried out within the framework of an agreement between Guyana and Norway to develop a mechanism for reducing emissions from deforestation and forest degradation in developing countries (REDD), and assesses the effectiveness and legitimacy of forest governance for achieving REDD.

Written by Jorge Trevin and Robert Nasi, the study reviews the Guyanese forest sector, legislation and policies, and assesses current management of forest concessions and protected areas, illegal logging, status of Amerindian land claims and tenure, and participation of forest-dependent people in the design and implementation of forest policies.

Forestry, Risk and Climate Policy

April 19, 2010
Author/organization: 
Michael Dutschke/ Biocarbon Consult

The recently published book by Michael Dutschke "Forestry, Risk and Climate Policy" is available for download now.

It resumes over a decade of policy advice, starting by focusing the global frameset of forest-related mitigation activities under the Climate Convention. Later chapters shed light on the diverse underlying methodological and economic issues. The final chapter proposes how to collect funds for global commons like the reduction of emissions from forests or supporting adaptation to climate change, while at the same time strengthening the commitment of the beneficiaries towards the international climate regime.

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