Climate 411

At COP29, Article 6 must deliver on urgent finance for forests and Indigenous communities

This blog was authored by Pedro Martins Barata, Associate Vice President, Carbon Markets and Private Sector Decarbonization and Santiago García Lloré, Senior Manager, IPLC & Conservation Partnerships, Forests

UN Climate Change, Kamran-Guliyev/ Flickr

At the start of COP29, negotiators in Baku secured a major breakthrough by agreeing on new standards for a UN-led global carbon market under Article 6 of the Paris Agreement, potentially unlocking billions in funding for climate projects.

But the terms of the standards are still flexible, meaning there’s a real chance to shape them to make sure the money goes where it’s needed most – like Indigenous Peoples and local communities who are fighting to conserve the planet’s last intact forests, known as high forest, low deforestation (HFLD) regions.

The stakes are higher now than ever, especially after the recent US election, which casts doubt on future public climate funding from one of the world’s biggest economies. In this uncertain landscape, carbon markets must step up to fund critical climate solutions, especially nature-based projects like forest conservation.

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Breaking Barriers: Empowering Indigenous Voices in Global Climate and Biodiversity Decisions

Sonia Guajarara, Minister of Indigenous Peoples of Brazil, leads a march at COP28 in Dubai, UAE.
Photo: Estevam Rafael / Audiovisual / PR / Palácio do Planalto via Flickr

Léalo en español

This post is written by Santiago García Lloré, Senior Manager of IPLC and Conservation Partnerships at EDF.

In the coming days, major international events like New York Climate Week, the COP for the Convention on Biological Diversity (CBD) in Cali, and the UN Climate Change Conference (COP) in Baku will gather world leaders to discuss solutions to the climate and biodiversity crises. Once again, there will be calls to include Indigenous Peoples and Local Communities (IPLCs) in these discussions. This recognition is not just about their crucial role as stewards of forests and biodiversity; it’s about understanding that real, sustainable solutions won’t be possible without their voices at the table.

Despite all their efforts, it remains extremely difficult for IPLCs to participate meaningfully in these events. Even though Indigenous and local community leaders strive to be present and contribute to global discussions, their journey to these forums is fraught with challenges. At COP27 in Egypt, around 300 Indigenous representatives attended, and approximately a similar number attended at COP28 in Dubai. However, the impact of their presence is often limited because of the many barriers they must overcome. These obstacles make it incredibly hard for Indigenous voices to be fully heard and valued despite their significant efforts to be part of these critical conversations.

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Navigating Jurisdictional REDD+: A Pricing Guide for Tropical Forest Nations

The challenge is clear: if tropical deforestation were a country, it would rank fourth, only behind China, the US, and India in emissions. However, the solution is even clearer: these same forests can provide 23% of the cost-effective climate mitigation needed before 2030, if the right economic incentives are in place.[1]

Despite numerous pledges, forest loss shows little sign of abating. The cost of protecting all forests at high-risk of deforestation by 2030 requires $130 billion in annual funding while existing financing is only $2-3 billion.[2] Bridging this gap will require public, private, and philanthropic funding on a scale and at a speed we have never seen before.

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Also posted in Carbon Markets / Tagged | Authors: , / Comments are closed

Strong scientific foundations, as well as strong science-based markets, make successful nature-based climate solutions possible

Forester examines trees

Daniel Balakov, iStock

This post is authored by Brian Buma, Senior Climate Scienist, Environmental Defense Fund.

Nature is vital to our success in fighting climate change and its real-world impacts. To unlock nature’s climate potential, we need investments to go to impactful nature-based climate solutions (NbCS), which refer to strategies to conserve, restore or improve the management of natural and working ecosystems for their climate benefits.

However, in a research paper recently published by myself and others, we found markets for NbCS were getting ahead of the science. In particular, we found many NbCS where carbon crediting was proposed or implemented had questionable scientific foundations.

We need NbCS to work, and we’re spending tens of millions in the hopes they do. Yet as our study shows, questions remain on how we can achieve the best ground-level outcomes and maximize the enormous potential of these solutions to lower greenhouse gas concentrations.

To illustrate how NbCS can work successfully, we need to look at science and implementation and understand how these two key components are different, but also interconnected.

Let’s start by thinking about your car.

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Also posted in Carbon Markets, Science / Comments are closed

How to act fast and smart (and where to move more cautiously) on nature-based climate solutions

Aerial photo of the Ecuadorian Amazon

Aerial photo of the Ecuadorian Amazon. Leslie Von Pless/EDF

This post is authored by Mark Moroge, Vice President of Natural Climate Solutions at Environmental Defense Fund.

We know that nature-based climate solutions are among our greatest assets when it comes to tackling climate change. Conserving, restoring and improving the management of nature – alongside reductions in new fossil fuel use – can provide at least 20% of the cost-effective climate mitigation needed between now and 2030 to stabilize warming to below 2 °C.

We also know that we need much greater investment in nature to achieve its climate change mitigation potential: the world must close a $4.1 trillion financing gap in nature by 2050 to achieve climate goals.

But with a wide variety of potential solutions on offer, and with carbon markets for financing these solutions under intense scrutiny, it is essential that credit purchases prioritize those solutions that have strong scientific backing. Otherwise, we risk undermining trust in the potential of these markets to deliver climate results.

That’s why a new scientific paper published this week in Nature Climate Change is so important. Here we explain the findings and provide two key lessons for advancing nature-based climate solutions.

Scientific confidence in different solutions varies

The study, carried out by 27 experts from 11 institutions, including the Environmental Defense Fund, The Nature Conservancy and Columbia University, brings a deep scientific assessment of 43 nature-based climate solutions that have been implemented or proposed for use in carbon markets.

Through an extensive literature review and expert elicitation process, it found a wide range in scientific confidence across, and within, the different solutions.

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Resolving scientific uncertainties in nature-based climate solutions: Location, location, location

Drone shot of mangrove trees off the coast of the Yucatán Peninsula in Mexico.

Drone shot of mangrove trees off the coast of the Yucatán Peninsula in Mexico. Carlos Aguilera / EDF Mexico

The world needs nature-based climate solutions (NbCS). These approaches use conservation, restoration, and management of natural and agricultural systems to retain existing, and sequester additional, carbon while reducing emissions of CO2 and other greenhouse gases. NbCS have been suggested to meet 20-30% of the world’s climate goals. Correspondingly, nature-based actions are included in the national commitments of 63% (104 of 168) of the signatories of the Paris Agreement.

However, defining the climate impact of different solutions requires accurate scientific measurement and accounting of greenhouse gas mitigation, including how long that benefit lasts. Where we lack accurate measurements and estimates of future durability, we cannot yet rely on NbCS to meet our climate goals.

Assessment of the science on NbCS
Environmental Defense Fund recently worked with experts in academia and other conservation and research institutions to assess the scientific confidence in more than 40 NbCS that have been proposed. The results of that inquiry are both optimistic and sobering.

The four most frequently credited NbCS by the four major carbon credit registries have high scientific confidence – tropical and temperate forest avoided conversion or degradation and reforestation. The confidence of the scientific community in those NbCS supports investing in these as climate solutions and demonstrates that we can develop sufficient understanding of process, measurement, and accounting methods necessary to meet high quality crediting requirements.

However, the experts concluded that 90% (39/42) of the proposed NbCS assessed in the study currently have insufficient scientific evidence for having climate impact we can count on. Within that 90% are NbCS like avoided conversion and degradation of systems as different as mangroves and boreal forests (see below for why).

Promisingly, the experts do have confidence that we can remedy this situation: focused research over the next five years could resolve many of the remaining questions for two-thirds of those pathways. Given that some, like agroforestry, tropical peatland conservation, and biochar additions are also estimated to have large-scale climate impacts, this study provides a roadmap for prioritizing research efforts.

The importance of location
Every NbCS is different, and so are the specific uncertainties and research needs. Prediction of how natural systems may change as the climate changes – affecting their carbon storage and greenhouse gas emissions – is inherently uncertain. We are better at modeling some systems (like tropical forests) than others (like seagrass beds). But all NbCS pathways have something in common – location matters.

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Also posted in Basic Science of Global Warming, Carbon Markets, Greenhouse Gas Emissions, News, Oceans, Plants & Animals, Science / Comments are closed