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Carbon Emissions

Liberia, Norway and the World Bank Partner for Sustainable Forest Management

Paola Agostini's picture
Photo by Flore de Preneuf / PROFOR
​It’s not very often that the end of a talk is as exciting as its beginning. Perhaps that should be expected when one witnesses historical moments in time—what can be called true game changers.  Harrison Karnwea, the managing director of Liberia’s Forestry Development Authority (FDA), recently joined us at the World Bank, just days after the UN Climate Summit in New York and the signing of a $150 million grant Letter of Intent for a Forests REDD+ program between his country and Norway to be facilitated by the World Bank.

Under the agreement, Liberia and Norway will work together to improve the framework for forest governance, strengthen law enforcement and support efforts to reduce greenhouse gas emissions from deforestation and forest degradation in Liberia. Improved governance and adequate law enforcement in the forest sector and agriculture impede further destruction of Liberia’s rainforests and aim to avoid illegal logging and unsustainable agricultural practices. In a country where timber was once used to purchase weapons and helped fuel a devastating civil war, the partnership holds promise to reduce carbon emissions related to deforestation and forest degradation, facilitate green growth and enhance livelihoods.

Liberia has a population of approximately 3.5 million people and 4.5 million hectares of lowland tropical forests—one of the largest contiguous forest blocks that remains in West Africa. Liberia’s forests are also widely recognized as a global hotspot of diversity, boasting flora and fauna (like pygmy hippos) that is both rare and at risk.

Liberia plans to conserve 30 percent or more of its forests as protected areas with the remainder to be used for sustainable forest management and community forestry.

A U.S.-China Breakthrough for the Planet — and New Economic Growth

Jim Yong Kim's picture

The forecast for climate change has been undeniably altered overnight — positive news for the planet and for economic growth.

U.S. President Barack Obama and Chinese President Xi Jinping, the leaders of the world's two largest economies and two largest emitters of pollutants into the atmosphere, demonstrated that, together, they are leading the global fight against climate change.

Their commitments are an absolutely essential first step if we are to hold the warming of the planet under 2 degrees Celsius, and avoid the disastrous consequences of an even more uncertain world. China committed to an emissions peak by 2030, with 20 percent of its energy coming from renewable sources, and the United States agreed to reduce its emissions by 26-28 percent below 2005 levels by 2025. Importantly, they agreed to expand their joint clean energy research and development.

Carbon Pricing Incentivizes Clean Energy Innovation

Kerry Adler's picture
SkyPower's Fort William First Nation Solar Park is one of the first utility-scale solar parks in North America to be developed on First Nations lands. Photo courtesy of SkyPower


By Kerry Adler, President and CEO of SkyPower

​​The fundamental inequality that exists between emitters of carbon and the victims of its devastating byproduct requires global cooperation and intervention beyond our willingness to act thus far. Today, we have the necessary technology, ingenuity and global monetary tools to incentivize a shift to cleaner energy.

Placing a price on carbon enhances the competitive position of renewable energy technologies, such as utility-scale solar, relative to fossil energy, thus encouraging migration away from high-carbon fuels. It is an important step, and it can be supported with other initiatives to ensure accountability.

In the private sector, transparency regarding carbon emissions is essential. With the advent of the Internet and the plethora of information available today, it is not only possible, but imperative that emitters of carbon are held accountable in a public forum.

British Columbia’s Carbon Tax Shift: An Environmental and Economic Success

Stewart Elgie's picture

British Columbia. Brian Fagan/Flickr Creative Commons

By Stewart Elgie, Professor of Law & Economics at University of Ottawa and Chair of Sustainable Prosperity; Ross Beaty, Chairman of Pan American Silver Corp. and Alterra Power; and Richard Lipsey, Professor Emeritus of Economics at Simon Fraser University.

 

We often hear claims that a carbon tax would destroy jobs and growth. Yet the evidence from a Canadian province that actually passed such a tax – British Columbia – tells a very different story.

The latest numbers from Statistics Canada show that B.C.’s policy has been a real environmental and economic success after six years. Far from a “job killer,” it is a world-leading example of how to tackle one of the greatest global challenges of our time: building an economy that will prosper in a carbon constrained world.

The Way We Move Will Define our Future

Marc Juhel's picture
Mobility is a precondition for economic growth: mobility for access to jobs, education, health, and other services. Mobility of goods is also critical to supply world markets in our globalized economy. We could say that transport drives development.
 

Shaping the Next Generation of Carbon Markets

Rachel Kyte's picture

 Smoke coming out of two smokestacks at a factory in Estonia. - Photo: World Bank/Flickr

Right now, the carbon markets of the future are under construction in all corners of the world.

China is determined to pursue low-carbon development and is embracing the market as the most efficient way to do so. Wang Shu, the deputy director of China's National Development and Reform Commission, told us this week that he sees the "magic of the market" as the most efficient way to drive China's green growth.

Five Chinese cities and two provinces are piloting emissions trading systems with the goal of building a national carbon market. Chile is exploring an emissions trading system and focusing on energy efficiency and renewable energy. Mexico is developing market-based mechanisms in energy efficiency that could cut its emissions by as much as 30 percent by 2020. Costa Rica is aiming for a carbon-neutral economy by 2021.

Each of the countries pioneering market-based mechanisms to reduce their domestic carbon emissions are leaders. Bring them together in one room, and you begin to see progress and the enormous potential for a powerful networking domestic system that could begin to produce a predictable carbon price -- a sina que non for the speed and scale of climate action we need.

That's happening this week at the World Bank.

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Buying time as the climate clock ticks on

Mary Barton-Dock's picture

 

We’ve all had our moments of frustration with the unending negotiations on mechanisms to control carbon dioxide emissions. In the last Conference of Parties held at Durban in 2011, it was decided that the global deal for the post Kyoto framework will only be reached by 2015.

Meanwhile, the climate clock is ticking: countries continue to face the impacts of climate change with the poorest being hardest hit. Science has shed the spotlight on a “parallel track” which could help us deal with part of the climate change problem in a faster, cheaper way – it is tackling short-lived climate pollutants (SLCPs), primarily black carbon, methane, and hydrofluorocarbons (HFCs).

These pollutants, while being extremely potent in terms of their global warming potential are short-lived in the atmosphere. For example, black carbon persists in the atmosphere for about two weeks (compared to CO2 that lives for up to 100 years) and is 917 times more warming than CO2 over a 100 year timeframe (and 3,320 times over 20 years).So, action on SCLPs can help buy time in addressing the more important and longer-term greenhouse gas (GHG) emissions.

Travelling by bus, car, boat and elephant in Indonesia

Robin Mearns's picture

Last week, a group of around 30 made a transect from West to East across Sumatra, Indonesia, to learn about forests, trees, landscapes, and the people whose livelihoods depend on them. We were often shocked by what we saw. After camping overnight in Tesso Nilo National Park, Riau province, we lumbered slowly on the backs of elephants through tracts of newly logged and burned forest land, some planted with rubber, and learned that over half the park area of 83,000 hectares was encroached and deforested. Tesso Nilo has the highest biodiversity index for vascular plants in the world, and is the last remaining habitat in Riau for elephants and the Sumatran tiger. With their habitat shrinking, elephants often stray into surrounding villages, causing significant economic damage. Villagers retaliate by poisoning the elephants. With support from the Worldwide Fund for Nature (WWF)-Indonesia, an elephant ‘flying patrol’ has been established within the park, staffed by skilled mahouts who have trained six elephants to help chase wild elephants away from villages and back to the park, thereby reducing conflict with the local population.

Stick Your Neck Out - The Stick Figures Dare You To!

Saadia Iqbal's picture

Where does energy come from? Why are some people still skeptical about climate change? Why does our energy system absolutely have to change, and how will a price on carbon be the solution? 

If you'd like a simple, humorous and to-the-point explanation to the above questions and others related to energy consumption and climate change, then be sure and watch this animation by Andy Lubershane, a Masters student at the University of Michigan.


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