Category Archive: Finance

Mixed messages from REDD+

Negotiators in Durban

Durban finished with the now commonplace but contradictory sense of achievement and disappointment. Achievement that something has been agreed, disappointment that because expectations are so low, any agreement seems like an achievement. REDD+, however, has finished COP17 with a less pessimistic sentiment […]

Funding Adaptation – Will the Ship Sail?

Container Ship

Much work has been – and is currently being – put into agreeing on the format of the much anticipated Green Climate Fund (GCF), a facility that would funnel public and private money to tackle both climate change mitigation and adaptation in developing countries. […]

The G77 unlikely to get Kyoto II at COP-17

The International Conference Centre in Durban, South Africa, venue of the COP17 climate change negotiations.

Heading into Durban and the United Nations Climate Change Conference, otherwise known as the Seventeenth Conference of Parties (COP-17), the G77 remains committed to its long-standing position of achieving a legally binding agreement. Given the ongoing stalemate between developed and developing countries, however, many media accounts say they are unlikely to achieve it anytime soon […]

The Green Climate Fund: Expectations and the Emerging Picture

Expectations and Objectives of the GCF are creeping apart

In advance of COP 17, the Green Climate Fund’s (GCF) Transitional Committee (TC) have passed the Parties a report, recommending it “take note” of the report’s findings. It is worth analysing this report since it  brings in to clearer focus the contrast between the expectations that some have for the fund – largely the private sector …

Continue reading »

The increasing importance of the ‘patchwork’ approach for REDD

Emerging patchwork of mechanisms important for REDD (source: Ken Bosma)

Last month, the second edition of State of the Forest Carbon Markets,was released. All in all, the report painted a positive picture for the forest carbon markets: the volumes, transaction value and average prices in 2010 were all up on the previous year at, respectively, 30.1MtCO2e, $178 million and $5.50/tCO2e. Notably, REDD based transactions dominated the total …

Continue reading »

Should the Green Climate Fund be Replaced?

One of the purported successes of the talks in Cancun last year was the creation of the Green Climate Fund (GCF). This year the GCF’s Transitional Committee (TC) was created, with forty members, twenty-five of which are from developing countries. The TC is tasked with no less than designing the GCF itself. It must be …

Continue reading »

Is forest carbon just another commodity?

Commodities Futures

As already discussed on Climatico, using REDD+ as a private sector offsetting mechanism runs the risk of creating perverse incentives, exposing land to market price volatility and causing supply-induced price suppression. However, for the purposes of a deeper exploration into the market-related issues of REDD+, let’s assume these problems are solved and that forest carbon …

Continue reading »

Older posts «

casino slot bonuses online slots usa no download best promotion casinos for united states players new online video slot 2018 All the best slots games online can be found in one place called 400% Slots Bonus For USA Players - Join us today! Latest gaming news and casino bonuses from the best online casinos) USA online casino bonus offers for all us customers. Play slots, blackjack, roulette games for free or real cash)