Standards hatch new initiatives, with Gold Standard and Fairtrade announcing a new alliance in support of small producers, while VCS and CCB cut costs for project developers with a joint approval process. VCS approves a new soil carbon methodology developed by The Earth Partners. InfiniteEARTH’s proposed 30-year REDD project in Indonesia gets the green light, prevailing over palm oil interests.
This article was originally published in the V-Carbon newsletter. Click here to read the original.
From the shores of Doha…
8 December 2012 | …it remains to be seen if the formal negotiations will be a wash or deliver sea change. Whatever the outcome, Ecosystem Marketplace has worked diligently to bring you COP18 news as it surfaces.
Before we survey the latest market news, Ecosystem Marketplace is surveying readers for their input on the “biggest” stories of 2012, and predictions for 2013 – to be published in our end-of-year special edition.
Now on to the news, country negotiators have been struggling to reach consensus on the nature of the second commitment period for the Kyoto Protocol through 2020 (to include
At the project level, Doha carried with it the long-awaited news that Indonesia’s Ministry of Forestry finally
Also in the voluntary carbon markets, environmental project standards have found new ways to complement each other’s work. In Doha last Friday, the Gold Standard announced a
“VCS looks forward to working more closely with CCBA, as well as other standards like SOCIALCARBON, to continue to develop innovative ways to enhance our tagging procedure, add further value to Verified Carbon Units and ultimately help the environment,” says Jerry Seager, Chief Program Officer at VCS, on the new partnership.
Last week, VCS also approved a new
“The methodology provides a standard way to bring into the marketplace what many landowners think they have in the way of carbon assets but haven’t been able to tap into because there was formerly no standard method in place for measurement or monetization of these assets,” says Steven Apfelbaum, who leads The Earth Partners Science Team and is Chairman and Founder of Applied Ecological Services.
“Under VCS, the method is primarily applicable to agricultural projects. Truth be told, we’ve used the exact same method with simply a different soil sampling instrument to work in other project types including wetlands and peatlands. We’re looking at adding additional modules including those for peat and biochar, and see great versatility in this method going forward.”
Ecosystem Marketplace will be doing a deep-dive into the methodology in an article early next week, so stay tuned!
These and other stories from the voluntary carbon marketplace are summarized below, so keep reading! Note that we are still
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