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Trees Win Big as Forest Carbon Surges to Record Year

Washington, DC | Investors and buyers have funneled record amounts of capital into forestry projects that reduce greenhouse gas emissions by conserving forests and capturing carbon in trees, according to a global survey of carbon market participants published on Thursday by Forest Trends’ Ecosystem Marketplace.

The report, “State of the Forest Carbon Markets 2011: From Canopy to Currency,” documents a record $175 million flowing to support forest carbon projects in 2010, representing commitments to sequester enough carbon to offset nearly 30 million tons of carbon dioxide (CO2) emissions.
“Contracts for forest carbon offsets more than doubled over the past two years, likely due to international policy discussions, and increased awareness of the critical role forests play in sequestering carbon,” says Katherine Hamilton, Ecosystem Marketplace’s Director and a report author.

Co-author David Diaz, also of Ecosystem Marketplace, agrees with the clear signs of progress, but sees a long road ahead.

“These markets have shown tremendous innovation and growth, but we are still a long way from channeling a sufficient amount of funding to reign in global forest loss as a critical source of greenhouse gas emissions,” he said.
This is Ecosystem Marketplace’s second State of the Forest Carbon Markets report, which is compiled annually and builds upon data from hundreds of projects and interviews with dozens of market participants to uncover and analyzes trends by project type, country, and regulatory environment.

“This excellent source of information on market transactions in the forest realm is a vital part of our long-term vision to support land-use projects to reduce greenhouse gas emissions and combat climate change in an environmentally and socially responsible manner,” says Ellysar Baroudy, who manages the World Bank’s BioCarbon Fund.  “The forest carbon market is gaining momentum and it’s important to step back once a year, take stock of the achievements to date as well as the challenges, and use this data to prepare for the future.”

The report shows a decline in the number of projects that plant trees, a steady increase in projects that promote improved forest management, and a surge in projects that save endangered rainforests (REDD – Reduced Emissions from Deforestation and forest Degradation).  Indeed, despite being the source of the earliest carbon offset transactions, REDD projects roared back from near obscurity just a few years ago to account for nearly 70% of the market activity last year.

The report also finds an influx of private-sector project developers, investors and intermediaries willing to market these credits – a clear transition from previous years, when conservation non-profits paved the way by developing most of these projects.

“The influx of private-sector investment is a positive indication that some of the major financial firms have a level of confidence – albeit backed by early-stage market risk – that forest carbon projects will play a significant role in the future of carbon markets and in reducing global GHG emissions,” says Steve Baczko, Director of Commercialization for ERA Ecosystem Restoration Associates Inc.

A strong demand for projects with other environmental and social benefits beyond carbon reductions is also now apparent, particularly through independent certification of each project’s carbon reductions and broader environmental and community benefits.  In 2010, the leading standard for demonstrating carbon reductions was the Verified Carbon Standard (VCS), which was applied to more than half of the credits projects planned to deliver.  Beyond carbon, additional certifications to the Climate, Community & Biodiversity (CCB) Standards found widespread appeal.

The hundreds of projects tracked in this report (many of which have public profiles on Ecosystem Marketplace’s Forest Carbon Portal, www.forestcarbonportal.com), come from a broad spectrum of project developers, governments, indigenous and community groups, and the private sector demonstrate that forests projects can and are meeting many of the demands for high-quality emissions reductions.  What remains to be seen is whether this work of this diverse sector will be meaningfully scaled up and incorporated into the efforts international negotiators and other policymakers are now designing for the bigger fight against climate change and to conserve the world’s forests.

The State of the Forest Carbon Markets 2011 is public and freely available thanks to support from the report’s Premium Sponsors – Wildlife  Works Carbon, ERA Ecosystem Restoration Associates Inc., and the World Bank BioCarbon Fund – and Sponsors – Ecotrust, Face the Future, Forest Carbon Group, Det Norske Veritas, and Baker & McKenzie.
Support for Ecosystem Marketplace comes from USAID, the Gordon and Betty Moore Foundation, the David and Lucile Packard Foundation, the Norwegian Agency for Development Cooperation, the United Nations Development Programme, the Global Environment Facility, and the John D. and Catherine T. MacArthur Foundation.  For a copy of the report, please visit www.ecosystemmarketplace.com/reports/forestcarbon2011.

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  • Published: Apr 12th, 2011
  • Category: UK
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Greenstone Folds ICT Footprinting Into Carbon Management Software

LONDON, United Kingdom The growing trend toward using IT for sustainability took a slightly recursive loop this week as Greenstone Carbon Management unveiled the latest version of its Acco2unt carbon management software.

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  • Published: Mar 28th, 2011
  • Category: UK
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Launch of Carbon Reduction Plan to save

A programme of cross-council initiatives, designed to save nearly

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Software helps reduce carbon footprints

The founders of a new carbon software company have set out to make it easy and affordable for small- to medium-sized businesses to take action on climate change.

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  • Published: Feb 27th, 2011
  • Category: USA
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Why carbon management makes business sense

Balfour Beatty has been reporting its environmental impacts for 10 years. But we’ve only recently really got to grips with understanding our wider carbon impacts.

As we all know, what gets measured gets managed. But measurement alone will not drive improvement. Up until 2008, Balfour Beatty was doing just that, reporting its UK carbon emissions but lacking a group-wide strategy and targets. Thinking about carbon was difficult for people. On joining the company that year, one of the questions I was asked was: “what does a tonne of carbon look like?”

Continue Reading at Guardian

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  • Published: Feb 24th, 2011
  • Category: UK
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NHS driving down carbon emissions

HEALTHCARE services in Notts are using their purchasing power to drive down the carbon footprints of suppliers.

NHS Nottingham City and NHS Notts County, whose combined budgets total around

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Carbon jobs market resilient to recession

Employment and incomes in the climate change and carbon sector appear to be holding up well in the face of ongoing economic hardship, the results of a worldwide survey shows. Average salaries rose and respondents overall reported greater levels of job security and satisfaction compared to 2009, the Carbon Salary Survey 2010 found. The only worldwide job market appraisal in this field surveyed 944 participants in the climate change, carbon markets, renewable energy and clean technology fields in all regions. It was conducted in September and October by recruitment firm Acre Resources and corporate sustainability consultancy Acona.

Continue Reading at Carbonpositive

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  • Published: Feb 19th, 2011
  • Category: USA
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300 Percent Growth Seen for Energy and Carbon Accounting Software Market in 2011

Salem, MA February 14, 2011 Despite a challenging economic environment and stalled climate legislation, the emerging enterprise energy and carbon accounting (EECA) software market grew 400 percent during 2010 and is forecast to grow another 300 percent in 2011, according to a research study released last week by Groom Energy Solutions, a provider of energy solutions and consulting services.

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Enablon Recognized as a Leader in Energy and Carbon Management Software by Groom Energy Solutions for Second Consecutive Year

Enablon, the world’s leading provider of Sustainability and QEHS management software announced that they have been named a leader for the second consecutive year in a report issued today by Groom Energy Solutions, a provider of renewable and energy efficiency solutions to organizations across the U.S.

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Carbon jobs market resilient to recession

Employment and incomes in the climate change and carbon sector appear to be holding up well in the face of ongoing economic hardship, the results of a worldwide survey shows. Average salaries rose and respondents overall reported greater levels of job security and satisfaction compared to 2009, the Carbon Salary Survey 2010 found. The only worldwide job market appraisal in this field surveyed 944 participants in the climate change, carbon markets, renewable energy and clean technology fields in all regions. It was conducted in September and October by recruitment firm Acre Resources and corporate sustainability consultancy Acona.

Continue Reading at Carbonpositive

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  • Published: Feb 8th, 2011
  • Category: USA
  • Comments: None

Reducing Carbon Footprint on the Bucket List of NHS

The NHS in Gwent is paying special heed to the issue of increasing carbon footprint and it aims to reduce it by one fifth in coming five years, a step which will definitely save millions of pounds. The authorities are focusing on formulating fresh innovative policies, which can help in saving a lot of energy.

Continue Reading at Topnews

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  • Published: Jan 31st, 2011
  • Category: UK
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CRC carbon and energy manager

The company Spencer Ogden is recruiting for is a leading energy management consultancy dedicated to cost and carbon reduction for our clients. We offer a range of individually tailored risk-managed procurement strategies and carbon management services for an impressive blue-chip customer base, which includes 6 out of 10 of the largest property managing agents in UK.

Continue Reading at Lowcarboneconomy

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2nd Annual Carbon Management and the Law Conference focuses on climate change

| Sourced From Web.wmitchell |

The William Mitchell Environmental Law Society will present the 2nd Annual Carbon Management and the Law Conference,

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  • Published: Jan 24th, 2011
  • Category: UK
  • Comments: None

Haringey Council ‘committed’ to reducing carbon emissions

| Sourced From Haringeyindependent |

CARBON emissions in Haringey are to be monitored more rigourously through an annual report calculating the borough’s carbon footprint.

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  • Published: Jan 24th, 2011
  • Category: UK
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LJMUs efforts to reduce its carbon emissions have been recognized by the Carbon Trust.

| Sourced From LJMU |

Steventon from Property Services recently accepted a certificate from the Carbon Trust on behalf of the University during an event in London. The certificate was presented by Michael Rea, the Carbon Trusts Chief Operating Officer.

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  • Published: Jan 22nd, 2011
  • Category: UK
  • Comments: None

IT efficiency should play into larger carbon-reducing strategies

| Sourced From Rackspace |

Green computing initiatives should play into larger, overarching carbon-reduction strategies at major businesses, experts have said, as firms look to support new sustainable practices with the appropriate technology, which can include hosting servers offsite, as well as desktop and server virtualisation.

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Brighter Planet Releases Parcel Shipment Carbon Model

| Sourced From PRlog |

PRLog (Press Release)

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Luminant Donates $500,000 to University of Texas Carbon Program

| Sourced From Businesswire |

DALLAS–(BUSINESS WIRE)–In support of new and emerging solutions to produce even cleaner power for the future, Luminant has given $500,000 to The University of Texas at Austins Luminant Carbon Management Program. This brings the companys total program contribution to $2.3 million over five years.

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Epicor Creates Carbon Accounting For The Cloud

|Sourced From Information-management |

Midrange enterprise software developer Epicor has created Epicor Carbon Connect, a Software as a Service-based carbon accounting product with the ability to identify, analyze, audit, track, manage, benchmark and report on carbon emissions and energy consumption.

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  • Published: Dec 17th, 2010
  • Category: UK
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GPs urged to examine carbon emissions to save cash

| Sourced From Pulsetoday |

Primary care could save almost

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  • Published: Dec 6th, 2010
  • Category: USA
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TRIRIGA Named a Leader in Carbon and Energy Management Software

| Sourced From Istockanalyst |

LAS VEGAS, NV — (Marketwire) — 11/30/10 — TRIRIGA, INC.

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  • Published: Nov 30th, 2010
  • Category: UK
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Carbon Trust: Public sector energy efficiency could save

| Sourced From Businessgreen |

The public sector could save

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Enablon Recognized as Leader in Carbon & Energy Management Software for Second Consecutive Year by Independent Analyst Firm

| Sourced From CSRwire |

CHICAGO and PARIS, Nov. 17 /CSRwire/ – Enablon, the world’s leading provider of sustainability software solutions, announced today that it has been recognized for the second time as a leader in Carbon and Energy Management Software by Verdantix, the independent analyst firm specializing in sustainable business strategies and market opportunities.

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  • Published: Nov 22nd, 2010
  • Category: USA
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Auburn gets $1.8 million grant to reduce carbon releases from military pine forests

| Sourced From Blog.al |

AUBURN, Alabama — Auburn University has been awarded $1.8 million from the U.S. Department of Defense to help develop a plan for sequestering carbon — the capturing of carbon and storing it safely away from the atmosphere — in longleaf pine forests on U.S. military bases, the university announced this morning.

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  • Published: Nov 22nd, 2010
  • Category: Global
  • Comments: 1

10 best carbon and energy management software tools

| Sourced From Zdnet |

Has your organization budgeted for enterprise carbon and energy management software in 2011? There are countless applications to consider close to 100 by some counts but research firm Verdantix has whittled down that list to 10 providers that it believes are leaders in this burgeoning category. Those companies are (in alphabetical order):

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