Thursday, May 21, 2009

Draft LCA text

This is the really important document for the UN process. Note paragraphs 106-128 in particular.

Wednesday, May 20, 2009

Latest house bill



second part.


This is one part of the new UN tx for a new agreement. still digesting

Friday, May 15, 2009

new details on REDD in Waxman/Markey bill

Here is some of the latest information on REDD in the US House legislation. Click title to connect and here is the relevant text:

Supplemental Reductions from Preventing Tropical Deforestation: 5% of allowances will be allocated from 2012 through 2025 to prevent tropical deforestation and build capacity to generate international deforestation offsets. By 2020, this program will achieve additional emission reductions equivalent to 10% of U.S. emissions in 2005. From 2026 through 2030, 3% of allowances will be allocated to this program. In 2031 and thereafter, 2% will be allocated to this program.

Tuesday, May 12, 2009

Great blog by Marc Stuart on REDD Federal Carbon Reserve

I liked this. Concise, innovative, new thinking.

Text of S345 (Tropical Forest and Coral Act Re-Authorization)

A few folks asked for the link to the actual legislation that passed in the US Senate Foreign Relations committee on May 5. Clicking above will take you to a legislative tracker for the bill, including its text.

Wednesday, May 6, 2009

Senate Foreign Relations Committee passes TFCA re-authorization

United States Senate Committee on Foreign Relations



May 5, 2009

Contact: Frederick Jones, Kerry, 202-224-4651

Andy Fisher, Lugar, 202-224-2079

Kerry, Lugar Tropical Forest Bill Clears Senate Foreign Relations Committee

The Senate Foreign Relations Committee today unanimously passed S. 345, the Tropical Forest and Coral Conservation Reauthorization Act of 2009 introduced by Senate Foreign Relations Committee Chairman John Kerry (D-MA) and Ranking Member Senator Dick Lugar (R-IN). The bill would further the cause of tropical rain forest conservation and broaden the initiative to protect coral reefs.

Kerry and Lugar introduced legislation in the Senate to reauthorize the Tropical Rain Forest conservation Act of 1998 (TFCA) for an additional three years.

“Deforestation is a significant driver of global climate change, and we must pursue a variety of efforts to reduce emissions from deforestation in tropical and sub-tropical nations. This innovative program has provided critical support to developing countries in conserving their forest landscapes while reducing their debt burdens, and I am thrilled to join Senator Lugar in introducing this important legislation,” said Chairman Kerry.

“This bill reauthorizes a proven program which enjoys the ardent support of the Treasury Department and State Department for the third time since 1998. It will help developing countries protect tropical forests and endangered marine habitats around the world while reducing their foreign debt levels. This bill will also serve as an important diplomatic tool to provide for our national security,” said Senator Lugar.

With TFCA, the U.S. State Department has reached agreements generating $188 million in long-term commitments for tropical forest conservation. In addition, private donors, including the Nature Conservancy, the World Wildlife Fund, the Wildlife Conservation Society, and Conservation International, have contributed more than $12 million to TFCA swaps, leveraging U.S. Government funds.

Fourteen TFCA agreements have been concluded to date in Bangladesh, El Salvador, Belize, Peru, the Philippines, Panama, Guatemala, Colombia, Paraguay, Botswana, Costa Rica, and Jamaica. With the reauthorization of TFCA, the U.S. Government will be able pursue agreements to conserve threatened coral reefs along with tropical forests.

The Tropical Forest and Coral Reef Conservation Act of 2009 authorizes appropriations for debt reduction for eligible countries at $25,000,000 in FY 2009; $30,000,000 in FY 2010; $30,000,000 in FY 2011; and $30,000,000 in FY 2012.