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Despite sanctions on Myanmar, the US, UK, and EU imported more than $36 million in timber since the coup, exposing traders to risk of prosecution
Washington DC 7 March 2022 – Just over one year since the Myanmar military, known as the Tatmadaw, led a coup against the legitimately re-elected government, a new study finds that more than $190 million in imports of timber were reported from Myanmar in 2021, including to countries with sanctions, potentially exposing entities importing from […]
Amendments to U.S. Harmonized Tariff Schedule Will Help Capture Better Data On Wood Products Entering the U.S.
January 19, 2022, Washington DC: Forest Trends welcomes the recent amendments to the 2022 preliminary edition of the Harmonized Tariff Schedule of the United States (HTSUS). These changes are a welcome step in allowing more systematic and impactful data collection and monitoring of timber shipments entering the U.S. to help ensure legality of imports. The […]
Peru seeks international expertise to design & build natural infrastructure solutions to climate risks
Expressions of interest for current procurement packages due this Friday, December 10th In 2017, the Peruvian coast was severely hit by a series of floods and landslides caused by the El Niño Costero phenomenon; the disasters wrought billions of dollars of damage and hundreds of casualties. In response, Peru created its Reconstruccion con Cambios authority […]
Nature for Climate Action: Nature-based Solutions in the Nationally Determined Contributions
GLOBAL MEDIA RELEASE: Monday November 29, 2021, 07:00 AM EST, Washington DC, United States Nature for Climate Action: Nature-based Solutions in the Nationally Determined Contributions New policy research on nature-based solutions to deep resilience for climate action is published today by Forest Trends and the Alliance for Global Water Adaptation (AGWA). Authors: Jan Cassin – […]
New Global Partnership Opens Door for Indigenous People, Traditional Owners and Local Communities to Directly Benefit from Private Climate Finance
An industry first coalition aims to fix a fundamental market flaw: Indigenous Peoples manage one-fifth of tropical and subtropical forest carbon, and conserve 80 percent of all biodiversity yet receive less than one percent of international climate assistance Peoples Forests Partnership members seek to mobilize $20 billion per year by 2030 in direct private investment […]
Voluntary Carbon Markets Rocket in 2021, On Track to Break $1B for First Time
Washington DC 15 September 2021—In the first eight months of 2021, voluntary carbon markets have already posted a near-60% increase in value from last year, driven by corporate net-zero ambition and growing interest in carbon markets to achieve Paris climate goals, a new report finds. “We’re seeing record market volume and value in 2021,” said […]
New partnership with UN aviation agency to provide insights on carbon offsetting market
Nonprofit carbon markets data platform Ecosystem Marketplace to provision carbon credits transaction data and analysis for the International Civil Aviation Organization’s new global carbon market for airlines. CORRECTION NOTE: AN EARLIER VERSION OF THIS RELEASE CONTAINED AN INCOMPLETE QUOTATION. AN UPDATED VERSION WAS RELEASED ON AUGUST 5, 2021 at 09:00 ET. August 5, 2021 / As more than 100 countries sign on for the pilot phase of a new international carbon offsetting […]
New Report: Finance for Forest Carbon Doubled since 2016, but Still Far from Meeting its Potential as a Natural Climate Solution
A new report from Ecosystem Marketplace released today shows that funding to conserve and increase carbon stored in forests around the world has more than doubled between 2016 and 2019. But authors say forest carbon finance still falls far short of what’s needed to counter global forest loss and support increased climate ambition. Unless tropical […]
STATEMENT: Investigation of Brazil’s Environment Minister Underscores Critical Importance of Stopping Illegal Deforestation—For the Sake of the Climate
WASHINGTON, DC (19 May 2021)—Brazil’s Minister of Environment Ricardo Salles, the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama – the Ministry of Environment’s administrative arm) Director Eduardo Bim, and at least eight other officials are the target of a Brazilian police operation investigating potential corruption, including accusations of facilitation of smuggling, inappropriate […]
New Report: Tropical Forests the Size of Denmark Illegally Cleared Every Year for Commercial Crops Consumed Worldwide
The criminal destruction of rainforests for commodities such as beef, chocolate, soy and palm oil knocks down 4.5 million hectares and releases 2.7 gigatons of emissions a year WASHINGTON, DC (18 MAY 2021)—A new study released today finds that at least 69% of the tropical forests destroyed for agricultural commodities between 2013 and 2019 was […]
