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News articles on Ecosystem Services
Mongabay.com news articles on ecosystem services in blog format. Updated regularly.
Biodiversity key to fighting climate change (4/29/2008) Scientists from Brown University have discovered that an ecosystem's productivity is directly linked to its diversity of plant species. The discovery has granted biodiversity new importance in the fight against climate change: the more productive the ecosystem the more carbon it captures.
New cures for human ailments under threat by global extinction crisis (4/24/2008) In the film Medicine Man, a researcher in the Amazon discovers a cure for cancer in a rare ant. However, a logging company arrives at the wrong moment and, despite protestations from the main characters, the company destroys the tract of rainforest where the ant once survived.
Rainforest recovery after deforestation can be enhanced by artificial bat houses (4/23/2008) "Bat boxes" could help in the recovery of tropical rainforest after deforestation, reports research described in New Scientist Magazine.
Rainforest peoples form alliance to demand payments for forest carbon credits (4/7/2008) Rainforest peoples from 11 nations have formed a coalition to demand a greater say in future climate negotiations.
Bats protect crops from insects (4/4/2008) Bats eat as many insects at night as birds do during the day, according to research published in the journal Science.
Bats eat as many insects as birds (4/3/2008) Bats eat as many insects at night as birds do during the day, according to research published in the journal Science.
Investing to save rainforests (4/2/2008) Last week London-based Canopy Capital, a private equity firm, announced a historic deal to preserve the rainforest of Iwokrama, a 371,000-hectare reserve in the South American country of Guyana. In exchange for funding a "significant" part of Iwokrama's $1.2 million research and conservation program on an ongoing basis, Canopy Capital secured the right to develop value for environmental services provided by the reserve. Essentially the financial firm has bet that the services generated by a living rainforest — including rainfall generation, climate regulation, biodiversity maintenance and carbon storage — will eventually be valuable in international markets. Hylton Murray-Philipson, director of Canopy Capital, says the agreement — which returns 80 percent of the proceeds to the people of Guyana — could set the stage for an era where forest conservation is driven by the pursuit of profit rather than overt altruistic concerns.
Private equity firm buys rights to ecosystem services of Guyana rainforest (3/27/2008) A private equity firm has purchased the rights to environmental services generated by 371,000 hectare rainforest reserve in Guyana. Terms of the deal were not disclosed, but the agreement is precedent-setting in that a financial firm is betting that the services generated by a living rainforest — including rainfall generation, climate regulation, biodiversity maintenance and water storage — will eventually see compensation in international markets.
Markets could save forests: An interview with Dr. Tom Lovejoy (3/20/2008) Market mechanisms are increasingly seen as a way to address environmental problems, including tropical deforestation. In particular, compensation for ecosystem services like carbon sequestration — a concept known by the acronym REDD for "reducing emissions from deforestation and degradation" — may someday make conservation a profitable enterprise in which carbon traders are effectively saving rainforests simply by their pursuit of profit. Protecting rainforests and their resident biodiversity would be an unintentional, but happy byproduct of profit-seeking endeavors.
Why Europe torpedoed the REDD forests-for-carbon credits initiative (3/5/2008) Reducing emissions from deforestation and forest degradation (REDD) has been widely lauded as a mechanism that could fund forest conservation and poverty alleviation efforts while fighting climate change. At the December U.N. climate meeting in Bali, delegates agreed to include REDD in future discussions on a new global warming treaty — a move that could eventually lead to the transfer of billions of dollars from industrialized countries to tropical nations for the purpose of slowing greenhouse gas emissions by reducing deforestation rates. Conservationists and scientists applauded the decision.
Fighting illegal logging to be a top G8 priority in 2008 (3/5/2008) As it assumes the chair of the G8, Japan will make sustainable forest management a top priority, said a top Japanese government official.
Half the Amazon rainforest will be lost within 20 years (2/27/2008) More than half the Amazon rainforest will be damaged or destroyed within 20 years if deforestation, forest fires, and climate trends continue apace, warns a study published in Philosophical Transactions of the Royal Society B. Reviewing recent trends in economic, ecological and climatic processes in Amazonia, Daniel Nepstad and colleagues forecast that 55 percent of Amazon forests will be "cleared, logged, damaged by drought, or burned" in the next 20 years. The damage will release 15-26 billion tons of carbon into the atmosphere, adding to a feedback cycle that will worsen both warming and forest degradation in the region. While the projections are bleak, the authors are hopeful that emerging trends could reduce the likelihood of a near-term die-back. These include the growing concern in commodity markets on the environmental performance of ranchers and farmers; greater investment in fire control mechanisms among owners of fire-sensitive investments; emergence of a carbon market for forest-based offsets; and the establishment of protected areas in regions where development is fast-expanding.
Carbon trading could protect forests, reduce rural poverty (2/26/2008) Carbon trading from avoided deforestation (REDD) credits could yield billions of dollars for tropical countries, according to analysis by mongabay.com, a leading tropical forest web site.
Reducing deforestation rates 10% could generate $13B in carbon trading under REDD (2/25/2008) Cutting global deforestation rates 10 percent could generate up to $13.5 billion in carbon credits under a reducing emissions from deforestation ("REDD") initiative approved at the U.N. climate talks in Bali this past December, estimate researchers writing in Philosophical Transactions of the Royal Society B. But the researchers caution there are still substantial obstacles to overcome before carbon-credits-for-rainforest-conservation becomes a reality.
Brazil's ecosystem payments system offers clues for REDD implementation (2/24/2008) Brazil's existing system for environmental services payments could offer insight for implementing carbon-credits-for-forest-conservation (REDD) initiatives in the Amazon rainforest, argues a London School of Economics researcher in a new paper published in Philosophical Transactions of the Royal Society B.
Is Guyana's logging deal in its best interests? (2/21/2008) In January Guyana awarded U.S. timber firm Simon & Shock International a 400,000-hectare (988,400-acre) logging concession near the Brazilian border. Final approval hinges on the completion of an environmental impact survey and a tree inventory. While Simon & Shock International says it plans to conduct selective logging, the firm has not announced whether it will seek Forest Stewardship Council certification, a mark for responsibly-harvested timber. Is there an alternative that can improve the lot for the average Guyanese? There may be. Last fall Guyana's President, Bharrat Jagdeo, hinted at the potential of using the country's forests as a giant carbon offset to counter climate change.
The hidden value of Bali: Why saving the world's rainforests is good for the climate and the US economy (1/10/2008) A few weeks ago, over 10,000 politicians, scientists, NGO representatives, and academics inundated Bali, Indonesia. The goal was to negotiate, lobby, and struggle through the increasingly complex web of international climate change policy. At the end of it all an agreement was reached as part of the "Bali Action Plan" to spend two more years negotiating on a future agreement that should include reducing deforestation in developing countries--something that currently accounts for up to 25% of global greenhouse gas emissions.
DR Congo has great potential for biofuels says U.N. official (1/9/2008) A UN economist is touting the potential of DR Congo for industrial biofuels production, reports Reuters. In a telephone interview, Dr Schmidhuber said the worn-torn country could devote millions of acres for oil palm, soy, and other biofuel feedstocks.
Aceh, Papua, Amazonas governors sign carbon-for-forests pact (12/8/2007) Three governors have signed the Forests Now Declaration to protect tropical forests for their carbon value. The Governors, Irwandi Yusuf (Aceh, Indonesia), Barnabas Suebu (Papua, Indonesia), and Eduardo Braga (Amazonas, Brazil), agreed to the declaration's action plan which calls for compensation for reduced greenhouse gas emissions from deforestation and protection of standing forests. Deforestation and forest degradation account for roughly 20 percent of human-caused greenhouse gas emissions, but steps to reduce forest loss will help mitigate climate change. The UK government's 2005 Stern Review said that forest protection could be one of the most cost-effective ways to address climate change.
REDD will fail if needs of forest communities aren't addressed (12/7/2007) Initiatives to reduce emissions by reducing tropical deforestation (REDD) will fail unless policymakers adequately address the underlying drivers of forest degradation and destruction, argues a new report published by the Center for International Forestry Research (CIFOR).
Bali talks update: Brazil blocks deforestation initiative, US stalls (12/7/2007) Thousands of United Nation's delegates are convening over the next ten days to chart a new course for tackling climate change. One of the hottest topics at the United Nations Convention on Climate Change is Reducing Emissions from Deforestation in Developing Countries (REDD). Tropical deforestation causes 20% of global greenhouse gases. REDD is based on the principal that if the world wants to fight climate change and deforestation - conservation behavior must be more profitable than destruction. The UN diplomats are trying to reach accord on new financial resources that will empower developing countries to slow down their rates of deforestation.
Peatlands restoration is a cheap way to cut CO2 emissions (12/7/2007) Rehabilitating damaged peatlands in Indonesia may be one of the most cost-effective ways to cut emissions of greenhouse gases, said an international NGO.
Rainforest logging moratorium established in Indonesian provinces, Amazonas state (12/7/2007) Governors from the Brazilian state of Amazonas and the Indonesian provinces of Aceh, Papua and West Papua signed a historic agreement to protect threatened rainforests.
Global warming accelerates destruction of the Amazon (12/6/2007) Deforestation and climate change could damage or destroy as much as 60 percent of the Amazon rainforest by 2030, according to a new report from environmental group WWF. The report, The Amazon's Vicious Cycles: Drought and Fire in the Greenhouse, shows that degradation in the Amazon could release 55-97 million tons of carbon dioxide by 2030. Forest loss could also dramatically impact water cycles in the region, affecting rainfall that is critical for river flows and agriculture.
Merrill Lynch announces carbon credits-for-forest conservation partnership (12/6/2007) Merrill Lynch is working with Carbon Conservation, an ecosystem services firms, to explore opportunities in avoided deforestation and integrated sustainable land management. The partnership was announced Thursday in Bali, Indonesia, where more than 10,000 policymakers, scientists, and activists are meeting to discuss a post-Kyoto framework on limiting climate change.
Tropical forests face huge threat from industrial agriculture (12/5/2007) With forest conversion for large-scale agriculture rapidly emerging as a leading driver of tropical deforestation, a new report from the Woods Hole Research Center (WHRC) suggests the trend is likely to continue with Brazil, the Democratic Republic of the Congo, Indonesia, Peru, and Colombia containing 75 percent of the world's forested land that is highly suitable for industrial agriculture expansion. Nevertheless the study identifies forests that may be best suited (low population density, unsuitable climate and soils) for "Reduced Emissions from Deforestation and Degradation" (REDD) initiatives which compensate countries for preserving forest lands in exchange for carbon credits.
Amazon deforestation could be eliminated with carbon priced at $3 (12/4/2007) The Amazon rainforest could play a major part in reducing greenhouse gas emissions that result from deforestation, reports a new study published by scientists at the Woods Hole Research Center, the Instituto de Pesquisa Ambiental da AmazĂ´nia, and the Universidade Federal de Minas Gerais. At a carbon price of $3 per ton, protecting the Amazon for its carbon value could outweigh the opportunity costs of forgoing logging, cattle ranching, and soy expansion in the region. 2008 certified emission-reduction credits for carbon currently trade at more than $90 per ton ($25 per ton of CO2).
Returns from carbon offsets could beat palm oil in Congo DRC (12/4/2007) A proposal to pay the Democratic of Congo (DRC) for reducing deforestation could add 15-50 percent to the amount of international aid given to the warn-torn country, reports a new study published by scientists at the Woods Hole Research Center (WHRC). The funds would help alleviate rural poverty while cutting emissions of greenhouse gases and protecting threatened biodiversity.
Carbon credits for forest conservation concept faces challenges (11/27/2007) While environmentalists, scientists, development exports, and policymakers across the political spectrum are ethusiastic about the idea of offsetting carbon emissions by preventing deforestation (a concept known as "avoided deforestation" or Reduced Emissions from Deforestation and Degradation (REDD)), the concept still faces many challenges, especially in implementation.
Can wildlife conservation banking generate investment returns? (11/27/2007) A commercial venture in the Malaysian rainforest will seek to generate competitive returns on investment by protecting wildlife. The scheme -- signed by the Sabah government and Sydney-based New Forests Pty Ltd -- will establish a wildlife habitat conservation bank to manage the 34,000 ha Malua Forest Reserve on the island of Borneo.
Dutch bank arranges carbon-conservation deal in the Amazon rainforest (11/27/2007) Dutch bank Rabobank will launch the first-ever carbon credits project in the Xingu region of the Brazilian Amazon, reports The Financial Times.
Guyana's forests offered as massive carbon offset (11/26/2007) Guyana has offered up the entirity of its remaining forest cover as a giant carbon offset, reports The Independent.
Carbon offset returns beat forest conversion for agriculture in Indonesia (11/21/2007) Conversion of forests and peatlands for agriculture in Indonesia has generated little economic benefit while releasing substantial amounts of greenhouse gases into the atmosphere, reports a new study from the the World Agroforestry Centre (ICRAF), the Center for International Forestry Research (CIFOR) and their Indonesian partners.
Targeted payments to farmers could protect environment (11/15/2007) Targeted payments to farmers in developing countries could be an effective approach to protecting the environment and addressing climate change, states a new report from the Food and Agriculture Organization of the United Nations (FAO).
Hurricane Katrina released large amounts of carbon by destroying 320m trees (11/15/2007) The destruction of 320 million large trees by Hurricane Katrina reduced the capacity of forests in the Southern United States to soak up carbon, reports a new study published in the journal Science. The research shows that hurricanes and other natural disturbances "can affect a landscape's potential as a 'carbon sink' because the dead vegetation then decays, returning carbon to the atmosphere, and because the old vegetation is replaced by smaller, younger plants."
Avoided deforestation beats timber, palm oil, in tax revenue for Indonesia (10/29/2007) Indonesia could more than double its tax revenue by protecting forests and selling the resulting carbon emission credits instead of timber and palm oil, a University of Michigan researcher told Bloomberg.
Is the Amazon more valuable for carbon offsets than cattle or soy? (10/17/2007) After a steep drop in deforestation rates since 2004, widespread fires in the Brazilian Amazon (September and October 2007) suggest that forest clearing may increase this year. All told, since 2000 Brazil has lost more than 60,000 square miles (150,000 square kilometers) of rainforest -- an area larger than the state of Georgia or the country of Bangladesh. Most of this destruction has been driven by clearing for cattle pasture and agriculture, often in association with infrastructure development and improvements. Higher commodity prices, especially for beef and soy, have further spurred forest conversion in the region. While drivers of Amazon deforestation are stronger than ever, mounting concerns over climate change and the effort to reign in greenhouse gas emissions may provide new economic incentives for landowners to preserve forest lands through a concept known as "avoided deforestation".
World Bank offers $300M for forest conservation, emissions reductions (10/15/2007) Tropical forest countries will be eligible for payments for preventing deforestation under a program unveiled last week by the World Bank.
Rainforest tribe establishes massive sustainable-use reserve (10/4/2007) An indigenous group in Guyana has established one of the world's largest sustainable forest reserves, reports Conservation International.
Forests reduce flooding (10/4/2007) While conventional wisdom holds that forests help buffer against catastrophic flooding, there has been little evidence to support such notions. A 2005 report by the Food and Agricultural Organization of the United Nations (FAO) and the Center for International Forestry Research (CIFOR) cited this lack of evidence and argued that flood mitigation efforts though forest preservation could not be justified on economic grounds. Now, a new study, published in the journal Global Change Biology, suggests that forests do impact the occurrence and severity of destructive flooding. A prominent researcher is already calling the new work a "landmark study" in support of forest conservation.
Carbon for forests will help Aceh recover from war, tsunami (9/18/2007) Carbon credits through forest conservation will play an important role in Aceh's recovery from decades of civil war and the devastating 2004 tsunami, which left more than 167,000 people dead and 500,000 homeless in the Indonesia province, said Aceh governor Irwandi Jusuf in meeting in San Francisco.
Do Costa Rica's payments for environmental services work? (9/17/2007) While Costa Rica is now known as a world leader for conversation policies and ecotourism, the Central American country had some of the world's highest deforestation rates prior to establishing its reputation. Clearing for cattle pasture and agriculture destroyed much of the country's biodiverse rainforests in the 1960s and 1970s.
Billions of disappearing bees linked to virus (9/6/2007) Scientists have linked the disappearance of tens of billions of bees to a virus, reports a study published in the 7 September issue of the journal Science. Colony collapse disorder (CCD), in which colonies inexplicably lose all of their worker bees, has been blamed for the loss of 50-90 percent of colonies in beekeeping operations across the U.S.
How private equity can profit from carbon offsets in Indonesia (8/29/2007) The emerging carbon market for avoided deforestation presents unprecedented opportunities for private equity to make profitable investments that also help protect the environment. Indeed, for the first time, conservation may be associated with positive financial returns. Here's a brief look at how private equity and other investors can capitalize on this opportunity to earn attractive returns while fighting climate change, protecting ecosystem services, and safeguarding endangered species like orangutans.
Indonesia's peatlands may offer U.S. firms global warming offsets (8/29/2007) The following is modified version of a letter I've used to pitch U.S. companies on the concept of carbon finance in Indonesia's peatlands. Discussions are slow and the critical December U.N. climate meeting is fast approaching, so I'm posting this as a tool to help you get American firms interested in avoided deforestation offsets. Please feel free to use, modify, and distribute this letter widely.
Could peatlands conservation be more profitable than palm oil? (8/22/2007) This past June, World Bank published a report warning that climate change presents serious risks to Indonesia, including the possibility of losing 2,000 islands as sea levels rise. While this scenario is dire, proposed mechanisms for addressing climate change, notably carbon credits through avoided deforestation, offer a unique opportunity for Indonesia to strengthen its economy while demonstrating worldwide innovative political and environmental leadership. In a July 29th editorial we argued that in some cases, preserving ecosystems for carbon credits could be more valuable than conversion for oil palm plantations, providing higher tax revenue for the Indonesian treasury while at the same time offering attractive economic returns for investors.
Is peat swamp worth more than palm oil plantations? (7/16/2007) Could peat swamp be worth more intact for their carbon value than palm oil plantations for their oil? Quick analysis suggests yes, though binding limits on emissions will be needed to trigger the largest ever flow of money from the industrialized world to developing countries. At stake: the bulk of the world's biodiversity.
Indonesia's peat swamps worth $39B/year (7/11/2007) Indonesia's peat swamps are worth $39 billion in carbon credits per year, according to rough calculations by Bloomberg.
First U.S. test of ecological services payment underway (6/27/2007) Farmers in Jamestown, R.I., are being paid by local residents to delay haying their fields until after birds have completed nesting in a unique test to establish investment markets for ecological services.
Can cattle ranchers and soy farmers save the Amazon? (6/6/2007) John Cain Carter, a Texas rancher who moved to the heart of the Amazon 11 years ago and founded what is perhaps the most innovative organization working in the Amazon, Alianca da Terra, believes the only way to save the Amazon is through the market. Carter says that by giving producers incentives to reduce their impact on the forest, the market can succeed where conservation efforts have failed. What is most remarkable about Alianca's system is that it has the potential to be applied to any commodity anywhere in the world. That means palm oil in Borneo could be certified just as easily as sugar cane in Brazil or sheep in New Zealand. By addressing the supply chain, tracing agricultural products back to the specific fields where they were produced, the system offers perhaps the best market-based solution to combating deforestation. Combining these approaches with large-scale land conservation and scientific research offers what may be the best hope for saving the Amazon.
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