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FT IN THE NEWS Forests

Mongabay: Countries that sanctioned Myanmar’s junta are still buying their timber: Report

Despite sanctions imposed following the February 2021 coup, Myanmar exported more than $190 million worth of timber, including to countries that have sanctions on the country’s state-controlled timber monopoly, according to a new report from Forest Trends.

FT IN THE NEWS Climate Forests Investments

CNBC: Marc Benioff backs start-up that uses satellites to count trees and pays people not to cut them down

Salesforce founder Marc Benioff, backs start-up that seeks to offset carbon by facilitating the ability of companies to pay land-owners to keep their trees and forests alive.

FT IN THE NEWS Climate Investments

SPGlobal: Price-sensitive carbon credit supply waiting in wings: Ecosystem Marketplace

The Director of Ecosystem Marketplace, Stephen Donofrio, is interviewed by SPGlobal, where he explains that there has been a dramatic surge in carbon credit sales and widening price spreads seen in 2021 are likely to continue in 2022.

FT IN THE NEWS Communities

Khmer Times: Vietnam says smuggling of sugar from Cambodia and Laos on the rise

The volume of sugar illegally imported into Vietnam from Cambodia and Laos has been increasing, with 757,000 metric tons per year in the 2015-19 period, nearly 2.8 times the quantity in the 2008-14 period, according to a report which was released at a seminar co-organized by Forest Trends.

FT IN THE NEWS Biodiversity Forests

Mongabay: Vietnam’s timber legality program not making a dent in risky wood imports

Despite new regulations to clean up Vietnam’s timber sector, importers continue to bring large volumes of tropical hardwood into the country from deforestation hotspots in Africa and Asia for use in products sold domestically.

FT IN THE NEWS Forests

Global Trade Review: Energy giants’ Myanmar exit renews attention on sanctions

Despite sanctions by the US, EU and UK, state-owned timber company Myanma Timber Enterprise (MTE) is still able to export significant volumes of wood products, according to Forest Trends, a Washington DC-based conservation group.

FT IN THE NEWS Climate Investments

Capital.com: Is carbon trading going to boom in 2022?

Carbon trading is the process of companies and traders trading permits and credits, allowing users to emit a certain amount of carbon dioxide. This has seen a significant increase over the last few years, as governments all over the world attempt to employ it as a means of eventually reducing emissions and managing climate change.

FT IN THE NEWS Biodiversity Investments

EIN: Breaking the Connection between Environmental Crimes and Finance

A new report published today from Finance for Biodiversity (F4B) points to how to break the environmentally-destructive connection between environmental crimes and legitimate investments. F4B calls on the global financial community, working with regulators and civil society organisations, to take steps to ensure the entire financing value chain is free of environmental crimes.

FT IN THE NEWS Climate Investments

OPIS: Voluntary carbon markets poised for growth in 2022

The voluntary carbon market (VCM) grabbed headlines in 2021 with record transactions and soaring credit prices, and observers say all signs point to an equally robust 2022. In mid-September, environmental data provider Ecosystem Marketplace sparked a frenzy when it reported the VCM was on track to hit $1 billion in annual transactions in 2021. Two […]

FT IN THE NEWS Climate Forests

Thomson Reuters: Analysis: UN tonic for forest carbon market omits cure for corporate trading pains

OSLO, Dec 23 (Thomson Reuters Foundation) – New U.N. guidelines for carbon trading, set at November’s COP26 climate talks, are a step toward enlisting forests to help curb global warming, but robust rules are urgently needed for a fast-growing yet opaque voluntary corporate market, analysts say.

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