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Ecosystem Marketplace, Marketplace eNewsletter

December 20, 2012    

From the Editors

As 2012 draws to a close and the UN’s climate talks in Doha has wrapped up, Ecosystem Marketplace reflects on its coverage of COP 18 that left negotiators with frustrated feelings over the cumbersome UN process and without an expected roadmap to global binding emissions-reduction targets by 2015. The UN Conference did extend the Kyoto Protocol to 2020 without fixing any of its flaws. Right now, the protocol only covers 15% of global emissions. Funding strategies for the Green Climate Fund were supposed to be decided on but decisions were pushed off until next year’s talks in Warsaw. The Fund is scheduled to scale up in 2013 if it is to deliver $100 billion per year in climate aid by 2020. The REDD space didn’t see as much movement as many would have liked. While REDD talks are ahead of overall negotiations, negotiators couldn’t agree on how to verify emissions reductions. Norway pushed for third-party verifiers that includes experts from developed and developing countries while Brazil argued for continuation of the International Consultations and Analysis (ICA) process, which is substantially softer on developing countries. REDD negotiators did agree on the need to talk about “ways to incentivize non-carbon benefits,” such as water filtration, biodiversity preservation and the support of indigenous peoples. These agreed on aspects can be found in the Final LCA Text. A landscape-based mechanism, which is more comprehensive than REDD but also harder to quantify, has been generating a lot of attention.Coverage from Doha brought some good news too. Brazil reported its lowest deforestation levels ever and spoke on long-term plans to keep the rates low. Indonesia and the Democratic of Congo, (DRC) as well, announced slashing deforestation. In a side event, representatives from these three countries as well as The Nature Conservancy and Norway discussed the methods and benefits of using REDD+ as a mechanism for future deforestation reductions.The DRC also introduced its National REDD+ Strategy at the climate talks. Ecosystem Marketplace covers the DRC’s main source of funding, the Congo Basin Forest Fund, and their REDD project in the turbulent North Kivu province, at length. In Indonesia’s case, approval of the Rimba Raya Biodiversity Reserve REDD Project in Central Kalimantan will certainly contribute to lower deforestation levels. Indonesia’s Ministry of Forestry announced their approval in Doha, one year after the Ministry announced they gave half of the project’s territory to a palm oil company. Rimba Raya will be Indonesia’s first REDD project as well as the world’s first on deep peat. It will also preserve orangutan the size of Singapore. Also announced at Doha was the joint-initiative between ethical label Fairtrade and carbon offset standard, the Gold Standard, that aims to bring carbon income to small farmers practicing sustainable agriculture.  The initiative will allow small producers in developing countries to tap into carbon finance as another source of income while also presenting an opportunity to scale up emissions reductions for the Gold Standard.  Indigenous peoples spoke out in favor of the “Indigenous REDD” program although they were unsure if carbon markets were the best way to access funding. The discussions called for a more holistic ecosystem-oriented approach. Ecosystem Marketplace covered Doha from day 1 on November 27. Here’s a look at our complete reporting from the conference as well as what some other organizations had to say about COP 18.

—The Ecosystem Marketplace Team

For questions or comments, please contact newsletter@ecosystemmarketplace.com.


Ecosystem Markets Around the World

Brazil Says It Slowed Deforestation; Challenges Others To Follow Suit

Deforestation in Brazil has slowed to its slowest rate since measurements began, according to the Brazilian delegation to the UN’s 18th Climate Change Conference in Doha. The discussion focused on Brazil’s long-term plans to maintain these low deforestation rates as well as how this accomplishment will impact climate negotiations at the conference. 

“We have to be sure of sustainable development that takes into consideration the environment and economic and social dimensions,” says Andre Correa do Lago, Brazil’s chief negotiator at the COP.

  – Read the Full Article

 
 

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