This blog was authored by Julia Ilhardt, former High Meadows Fellow, Global Climate Cooperation.
At the end of last year, 196 nations agreed to the historic Global Biodiversity Framework, which includes the goal to protect 30% of land and sea area by 2030. Still, nature is woefully underfinanced, with investments in nature-based solutions needing to double to USD 384 billion per year by 2025, according to UNEP.
This blog was authored by Delia Novak, Western States Climate Policy Intern, U.S. Region.
Since the launch of Washington’s cap-and-invest program in January, the state has raised over $850 million in revenue through two consecutive, sold-out auctions under the program. These cap-and-invest auctions provide critical funding for the clean energy and climate resilience projects that will lock in a swift transition to a healthier, safer climate future — with at least 35% of funding used to benefit communities that are overburdened by air pollution and who will be impacted first and worst by the climate crisis if we fail to act.
Last month, Governor Inslee signed Washington’s final budget for 2023-2025, which will make use of a whopping $2 billion in funding from the Climate Commitment Act (CCA), with highlights including $138 million for electric vehicle charging infrastructure, $123 million for solar and storage projects, $120 million for zero emission medium and heavy-duty vehicles, and $163 million for home electrification rebates. By making decarbonization more affordable and slashing climate-warming emissions, this funding is already an impressive indication of the opportunities and investment that the cap-and-invest proceeds will deliver to communities across Washington.
But Washington’s climate investments are just getting started. In the meantime, we can look to California’s decade of climate investments to understand the important benefits that Washington’s cap-and-invest program can provide for its communities.
EDF’s delegation to the climate talks taking place in Bonn, Germany from June 5 to June 15 give us some insights into the issues they’re following.
Flags on clear sky. Getty.
Next week, climate negotiators will convene in Bonn, Germany for a two-week negotiation session that will serve as an important marker on the road to the COP28 climate talks in Dubai this November. The outcome of the talks, known as SB58, will set the stage for the negotiations at COP28, giving us an indication of what needs to happen in the months leading up to those pivotal talks.
Every year the climate negotiations become more urgent as we draw closer to the timelines for meeting the Paris Agreement goals. The task is even more challenging when considering the other crises the world faces, like economic disruption, energy insecurity and food scarcity. We need effective solutions that can solve for these multiple challenges simultaneously. The talks in Bonn are an important opportunity to gauge progress and push forward key action points that address these various challenges, in the lead up to COP28, and beyond.
EDF’s delegation to the Bonn climate talks are closely monitoring various important issues inside and around the negotiations. These include the Global Stocktake process, food, fisheries and ocean issues, and efforts to expand high-integrity carbon market cooperation.
Pine plantation forest in Australia. iStock
This post was authored by Cyril Melikov, Senior Research Analyst of Natural Climate Solutions at EDF.
Forests planted for commercial purposes can help slow down climate change. How? With improved forestry management that uses forestry practices that increase the amount of carbon stored in commercial forests.
The idea is that foresters and land managers can put forestry practices in place that will raise the carbon levels in the plantation forests they manage, thus helping slow climate change.
For example, foresters could harvest trees at an older age than the age at which they would normally be harvested (known as extending the rotation length). Or they could plant several trees species in the same tree plantation (known as mixed planting) as opposed to planting only one tree species. Or they could add nutrients to the soil using inorganic or organic nutrient sources (known as fertilization).
All these practices could add carbon to plantation forests. Their study has gained traction over the past decade as improved forest management could represent a cost-effective and rapidly deployable natural climate solution, or NCS. It’s a promising avenue for climate change mitigation.
This post was co-authored by Julia Paltseva, Senior Analyst at EDF, and Tuntiak Katan from the Coordinator of Indigenous Organizations of the Amazon River Basin (COICA). For more resources on high forest, low deforestation (HFLD) crediting, visit edf.org/hfld. This post has also been translated into Spanish and French (leer en español, lire en français).
Tuntiak Katan of the Coordinator of Indigenous Organizations of the Amazon Basin (COICA). Photo by Leslie Von Pless, EDF
Forests are an essential part of the climate change solution, and their effective conservation requires the empowerment of Indigenous Peoples and local communities, or IPLCs. Around the world, IPLCs have stewarded forests for generations. However, in the face of growing economic pressures to cut forests down, current incentives designed to keep forests standing are largely inaccessible to communities living in areas of historically low forest loss, known as high forest, low deforestation regions, or HFLD.
An effective and equitable global REDD+ incentive-system for reducing deforestation should reward all relevant jurisdictions and actors, including both historical emitters and historical protectors of carbon stock, like IPLCs. We must eliminate forest loss in areas where it is already occurring. At the same time, we must also avoid future increases in deforestation in areas of historically low forest loss – HFLD regions.
Guardians of the forest
Indigenous Peoples and local communities are some of the best forest protectors, especially when equipped with strong tenure and land rights. In Mesoamerica, IPLCs steward half of forested areas. In the Amazon, Indigenous Peoples manage more than 30% of the rainforest, and satellite imagery shows deforestation rates in Indigenous territories are roughly half of what they are in similar surrounding lands. IPLCs typically practice sustainable forest management, through agroforestry and low-impact agriculture, allowing them to both provide for their needs and effectively conserve the forests.
Despite a successful track record of maintaining intact forests, forest communities have directly received less than one percent of international government aid for climate change mitigation and adaptation over the last decade.
This post was authored by Santiago Garcia, Indigenous Peoples and Local Communities Partnerships Manager for Natural Climate Solutions at Environmental Defense Fund.
Santiago Garcia (right) with Tuntiak Katan (Vice Coordinator at COICA) in Ecuador. Source: Leslie Von Pless, EDF.
This week, representatives of 190 nations, including 90 heads of state, began gathering at COP27 in Sharm el-Sheikh, Egypt, to discuss and negotiate solutions for our warming planet.
As important as these movers and shakers are, there’s another esteemed group of climate ambassadors who also deserve a seat at the international climate table: the Indigenous Peoples who’ve stewarded our tropical forests for generations. Read More