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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.
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.
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.
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.
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 […]
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.
Mitsubishi Corporation Renews Funding for Sustainable Development and Biodiversity Conservation
December 20, 2021 /CSRwire/ – On November 23, 2021, the Board of Directors of the Mitsubishi Corporation Foundation for the Americas (MCFA) approved renewed funding to: CDP, to expand its Matchmaker platform to Chilean cities to help grow the capacity of cities to advance sustainable, equitable urban infrastructure; The Nature Conservancy, to engage with emerging technology […]
Medium: Restore to Win
How an agreement between the countryside and the city will make it possible to rehabilitate a vital wetland in the heights of Lima, Peru
New York Times: The Latest Farm Product: Carbon Credits
Global cropland has the potential to sequester as much as 570 million metric tons of carbon per year. New projects that pay farmers to adopt climate-friendly practices could help.
The Conversation: Organized crime is a top driver of global deforestation – along with beef, soy, palm oil and wood products
Every year the world loses an estimated 25 million acres (10 million hectares) of forest, an area larger than the state of Indiana. Nearly all of it is in the tropics.