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 CAMBODIA SIGNS AVOIDED DEFORESTATION CARBON AGREEMENTS FOR VOLUNTARY CARBON STANDARD PROJECT  2009-06-24

In a ceremony held last month in Samraong, Cambodia's Forestry Administration, in partnership with Community Forestry International, Pact and Terra Global Capital, signed agreements with 9 community forestry groups to develop and market carbon credits for a Reduced Emissions from Degradation and Deforestation (REDD) project in Oddar Meanchey province. Earlier in the same month the Forestry Administration and Terra Global Capital finalized their carbon agreement marking a critical step in the development of Cambodia's first avoided deforestation project for registration under the Voluntary Carbon Standard (VCS). These agreements mark the culmination of years of effort to secure legal forest tenure for communities while at the same time cementing an agreement between the Government and communities to collaborate in conserving forest carbon over the next several decades.

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 Mudflow deal closed to further changes  2009-02-20

The government said Saturday that the new deal for the settlement of compensation for the victims of the mudflow disaster in East Java was final and that it would make sure all parties stick to their commitments.

"The compensation scheme is final, Rp 15 million per month per person. The value is higher than the initial demand," Social Affairs Minister Bachtiar Chamsyah said as quoted by Antara state news agency.

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 COMESA Program on Climate Change  2009-01-10

The Secretariat for the Common Market for East and Southern Africa (COMESA) and the Government of Norway have today signed a grant agreement in which Norway will make available to COMESA a financial grant amounting to NOK 17 000 000 (Norwegian Kroner Seventeen Million or US$2.5 million) for the implementation of the Climate Change programme for the 2009 work program.

The Climate Change programme is a joint effort of COMESA, East African Community (EAC) and Southern Africa Development Community (SADC) which is aimed at supporting the sub-region's vision and efforts to address climate change challenges, including its impact on socio-economic development and poverty reduction. Further the programme will Build and strengthen the capacity of African countries to address adaptation and mitigation to climate change, and to facilitate an African dialogue on the inclusion of sustainable agriculture and land-use practices, forestry, biodiversity conservation, and maintenance of environmental services in the post Kyoto Climate regime.

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 Facing climate change in Uganda  2009-01-10

Following the recent climate change talks in Poznan, Poland, UN Secretary-General Ban Ki-moon called for global solidarity on climate change. This call happens not to have been heard in Uganda since we have failed to recognise climate change as a priority, yet we are vulnerable due the fact that we depend on natural resources.

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 Swedish researchers form expert network on use of world's forests to improve climate and reduce poverty  2009-01-09

This network will supply Sida (the Swedish International Development Cooperation Agency) with knowledge on how the world’s forests can best contribute to reducing poverty whilst diminishing climatic impact.The aim is to make better use of Sweden's overall knowledge in forestry by facilitating a knowledge exchange between researchers, industry, associations, state bodies and agencies on forestry, climate and poverty issues. For this reason, the research network will be linked to a reference group with representatives of all these players.

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 REDD Touted as Solution for Business and Environment  2009-01-05

Indonesia urgently needs the Reductions of Emission from Deforestation and Degradation, or REDD, program to preserve its forests, an environmentalist said on Monday.REDD is aimed at developing countries and provides funding for projects that prevent carbon losses from the burning or clearing of land.“REDD is desperately needed here because 20 percent of global emissions is caused by forestry activities,” said Fitrian Ardiansyah, a program director for climate and energy at the World Wildlife Fund.There has long been debate on whether to save the forests or to continue development. Proponents of REDD believe the program could provide a solution to the dilemma.

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 The year of environmental challenge makes way for a year of opportunity  2009-01-02

Financial damage and loss of life caused by climate-related natural disasters made 2008 one of the most devastating years on record.
Cyclone Nargis last June claimed 78,000 lives in Myanmar. The Atlantic hurricane season caused devastation in the Caribbean, Central America and the United States. Costs associated with weather-related catastrophes are estimated by Munich Re - the world's biggest reinsurer and UNEP Finance Initiative partner - at about $200bn in 2008, double the losses incurred in 2007. Insured losses of $45bn were 50 per cent more than in the previous year. Hurricane Ike cost insurers $15bn in the United States.

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 Protecting Forests: Cutting CO2, not Trees  2008-12-18

Trees are worth more dead than alive, despite being critical stores of carbon and generators of life-giving rainfall. That must change to avoid accelerated climate change and catastrophic loss of biodiversity. Of all the major contributors to climate change, deforestation can be tackled most quickly. Power generation will rely on fossil fuels for decades. The internal combustion engine will not disappear soon. But reducing greenhouse gas emissions from forests is simple: No more logging.

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 Indonesia, UK cooperate in climate change handling  2008-12-16

The Indonesian State Minister for the Environment Rachmat Witoelar and UK`s Energy and Climate Change Secretary Ed Miliband signed an MoU on partnership cooperation in climate change, a press release said.

The two countries agreed to form a working group to improve forest conservation, develop energy supplies, improve ways of energy saving and prepare people to adjust themselves in facing the impact of climate change.

He said he is optimistic that the green economic growth, the progress of MDGs and continuous development with the creation of jobs can be reached.

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 UK promises £100m to help reduce tropical deforestation  2008-12-12

Britain is to channel £100m to tropical countries such as Brazil and Papua New Guinea to help protect vulnerable forests and tackle climate change, ministers will announce today. The investment could help tropical countries access billions of pounds of funding under a new UN scheme to extend carbon trading to forests.

The UN scheme, the so-called Redd initiative, will reward countries that slow deforestation with lucrative carbon credits. The credits would be bought by rich nations that need to meet targets on cuts in emissions. It is expected to form part of a global treaty on fighting climate change to be agreed next year in Copenhagen.

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