#REDD 新闻
Three new irrigation dams have been approved in Cambodia’s Cardamom Mountains, overlapping with two carbon credit projects. The new developments join five hydropower projects that are already eating into these same forests.
Developing the credit markets will address a funding gap for nature-based solutions, said Tharman Shanmugaratnam. His proposal faced pushback from other panellists at the World Economic Forum who cautioned against commodifying nature.
The World Bank is set to pay the country up to US$45 million in results-based financing to reduce its land use emissions. But only 72 per cent of the funds are expected to reach the beneficiaries after administrative deductions.
Article 6 of the Paris Agreement leaves a lot of flexibility for countries to trade carbon credits but a standardised playbook is needed to guide how countries can meet their climate goals while selling carbon offsets, says a city-state official, adding that bilateral deals become "flimsy" otherwise. The republic has struggled to buy eligible credits from its two partner nations.
#REDD 观点
Western governments want to advance the clean energy transition without being overly dependent on China for critical minerals. But their plans fail to acknowledge a potential obstacle: the fraught local politics of opening up new mines.
To turn around deforestation, patient indigenous-led conservation is key.
Protecting the world's forests would contribute significantly to the fight against climate change. But to do that, we must find the right balance between food production and reforestation, says WRI experts.
Renewable energy is one promising solution to reduce carbon emissions and mitigate against climate change; but no technology is as effective at storing carbon as tropical forests, says Rockefeller Foundation's Lorenzo Bernasconi.
#REDD 播客
David Antonioli says current rules spur piecemeal offsetting instead of enabling faster growth of climate ventures. He expects pushback to his ideas in a market polarised over integrity issues, but wants players to think big-picture.
