Turning over a New Leaf: State of the Forest Carbon Markets 2014

Baker & MacKenzie | ecoplanet bamboo | JP Morgan Chase | NewForests
http://www.forest-trends.org/documents/files/doc_4771.pdf

[Ecosystem Marketplace] Though demand for forest carbon offsets grew 17% in 2013, market participants recognize the need to scale up faster in order to curb emissions from deforestation and land-use change. Attendees at Ecosystem Marketplace’s launch of the State of the Forest Carbon Markets 2014 at the World Bank last Friday discussed the policy developments that could guide growth – and how the certification of co-benefits could shape demand.

Much of the discussion during next month’s international climate negotiations in Lima, Peru will revolve around halting tropical forest loss to reduce global greenhouse gas (GHG) emissions. But Ecosystem Marketplace’s latest report on the voluntary and compliance markets shows forest carbon projects already having an impact – an impact that could multiply if the right policy signals are sent.

The global markets for offsets from agriculture, forestry, and other land-use projects transacted 32.7 million tonnes (MtCO2e) in 2013, a 17% increase from 2012 and tying with 2010 for the highest demand tracked by Ecosystem Marketplace as part of its State of the Forest Carbon Markets report series.

The forest carbon market surpassed a critical milestone last year by topping $1 billion in cumulative value…

Advertisements

One thought on “Turning over a New Leaf: State of the Forest Carbon Markets 2014

  1. Pingback: Turning over a New Leaf: State of the Forest Carbon Markets 2014 | Gaia Gazette

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s