Yesterday, at COP19 in Warsaw, Norway, the UK, and the USA launched yet another initiative to protect forests and reduce greenhouse gas emissions. Called the “BioCarbon Fund Initiative for Sustainable Forest Landscapes”, this will be a public-private partnership housed in the World Bank.
Tag: World Bank
International Law Principles for REDD+: Indian Law Resource Center
Leonardo A. Crippa and Gretchen Gordon of the Indian Law Resource Center have produced a document titled “International Law Principles for REDD+: The Rights of Indigenous Peoples and the Obligations of REDD+ Actors” (pdf file, 688.4 KB). The document is an updated version of a working draft released in May 2012, the changes reflecting recent…
Carbon markets are not providing “long-term, scaled-up, predictable, new and additional finance”
Two stories about the current failure of carbon trading as a way of raising money to address climate change: First, the Adaptation Fund, which has seen its income from a tax on carbon credits dry up; Second, an exchange between Conservation International and the World Bank, which are both pro-carbon trading, but only one seems…
Climate change at the World Bank: “You can imagine a future world where carbon is really the currency of the 21st century”
Earlier this week, Jim Yong Kim, the president of the World Bank and Christine Lagarde, the managing director of the International Monetary Fund spoke about climate change. This was the first time that the two have spoken together in public about climate change.
Empty promises: All that remains of Indonesia’s climate plans
At the G20 meeting in Pittsburgh in 2009, Susilo Bambang Yudhoyono Indonesia’s President famously promised that Indonesia would reduce its emissions by 26% by 2020 from business as usual. With international suppport, he said, Indonesia could reduce emissions by 41%. Four years on and there’s practically nothing to show for Yudhoyono’s promises.