Climate 411

As Amazon deforestation rises, so does the need for urgent action

Deforestation in the Amazon. iStock.

The year 2020 was expected to be a “super year” for global action on climate change. Instead, it’s become an “extraordinary year” for a global community trying to cope with the impacts of the COVID-19 pandemic.

Amidst this backdrop, deforestation throughout the Amazon has been rising steadily, jumping 55% in the first four months of 2020 compared to the same period last year. This is no coincidence. Loggers, miners, land-grabbers and individuals clearing land for soy and livestock are taking advantage of the COVID-19 crisis to illegally clear the forest.

Enforcement of forest protection was already severely weakened across the Amazon, due in part to anti-environmental leadership and rhetoric, such as that of President Bolsonaro in Brazil. The virus has forced many of the field agents responsible for keeping forest invaders out to retreat, making it virtually impossible to enforce environmental laws and leaving these areas open to destruction. As we enter fire season, deforestation could get much worse due to warmer than average sea surface temperatures which could exacerbate the spread of fires. It all makes for a “perfect storm” that is threatening the Amazon forest and is already having disastrous impacts on the Indigenous communities who depend on forests.

Increased deforestation will jeopardize the rainforest’s rich biodiversity and extensive carbon stocks. It’s pushing the Amazon closer to the tipping point where deforestation will be irreversible. And it’s hindering global climate change mitigation efforts.

If the global community is going to achieve the goals of the Paris Agreement, Convention on Biological Diversity, the New York Declaration on Forests and other frameworks, then countries and companies need to prioritize forest protection.

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Also posted in Brazil, Indigenous People, International, Jobs, REDD+ / Comments are closed

Firms can manage climate policy uncertainty. Here’s how.

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Shutterstock

This post was authored by Ruben Lubowski, Chief Natural Resource Economist at EDF, and Alexander Golub, Adjunct Professor of Environmental Science at American University.

For companies that are large emitters of greenhouse gases, uncertainty about policies to address climate change can be a real challenge. But our new paper in the journal Energy shows how companies that invest now in a novel approach to climate mitigation could help manage their risk of future policy obligations more effectively and at a lower cost.

The challenge

In Energy, we demonstrate how policy uncertainty puts greenhouse gas emitting companies in a bind, raising risks for these companies and making it likely that carbon prices—an indicator of costs—will rise in a series of sudden bursts, rather than following a smooth transition.

Policy uncertainty discourages private investment in low-carbon technologies. However, when credible climate policy is finally in place, industry will have missed out on prudent investment opportunities and face spiking costs as they rush to catch up with tightened emissions controls requirements.

In the paper, we show that companies have a latent demand for suitable strategies that can help manage these risks.

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Also posted in Carbon Markets, International, REDD+ / Read 1 Response

As 2020 approaches, the climate action spotlight is on forests

Amazon Canopy. Warwick Lister-Kaye / istockphoto.com.

With 2020 fast approaching, countries, companies, and other stakeholders are taking stock of their climate commitments. As they consider ways to meet and enhance climate goals, interest in net zero emissions commitments and carbon removal technologies has grown. But what these discussions reveal is that forests are crucial. Capable of significantly reducing net emissions at a low marginal cost, and in the short-term, forests are an important piece of the climate change mitigation puzzle.

This year, tropical forests have dominated the spotlight. The forest fires raging throughout Brazil, Bolivia, and Indonesia are part of a disturbing trend: despite commitments from governments and companies, deforestation is still on the rise globally. Key forest ecosystems such as the Amazon continue to face the pressures of crop expansion for agricultural production, illegal extractive activities like timber harvesting and mining, relaxed legal enforcement and weakened environmental policies.

As deforestation persists, the planet’s capacity to absorb carbon pollution diminishes and more carbon is being released; tree cover loss in tropical forests accounts for about 16 to 33 percent of global emissions. We should be alarmed. But we should also be hopeful. Here are a few reasons why:

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Also posted in California, Carbon Markets, International, Paris Agreement, REDD+, United Nations / Comments are closed

How Brazil can develop its rural economy, increase agricultural production and protect forests

Day one panel “How should the rural economy be in the future?” featuring, from left, Carlos Nobre (IEA-USP), André Guimarães (IPAM), Regina Sambuichi (Ipea), and Juliano Assunção (PUC-RIO). Photo by IPC-IG on Flickr .

The recent fires in the Amazon rainforest have raised the question: is it possible to have a new model of development in the region that reconciles forest protection with economic growth?

The pressing threats of climate change, biodiversity loss, and environmental degradation along with a growing global demand for agricultural commodities, pose major challenges and opportunities for rural economies.

A group of Brazilian and international scientists, economists, and government officials joined private sector, civil society and multilateral organization representatives in Brasília to discuss how these challenges could be turned into economic and environmental opportunities for the Brazilian rural sector.

The two day workshop, “Business Opportunities for a Sustainable Rural Economy: The Contribution from Forests and Agriculture,” examined different facets of Brazil’s potential in a low-carbon rural economy. Organized by Environmental Defense Fund (EDF) in partnership with the Institute for Applied Economic Research (Ipea) of the Brazilian Ministry of Economy, and the United Nations Development Program – International Policy Centre for Inclusive Growth (IPC-IG), participants concluded that Brazil has an unparalleled comparative advantage to foster a buoyant sustainable rural economy that couples economic and agricultural development with environmental protection.

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Also posted in Agriculture, Brazil, Carbon Markets / Read 1 Response

California releases updated Tropical Forest Standard: Here are the highlights and why CARB should endorse it

The California Air Resources Board (CARB) this week released an updated version of the proposed Tropical Forest Standard (TFS) for consideration at its September 19 Board meeting. CARB made some important changes to the TFS in response to feedback from members of the California Assembly, indigenous leaders, environmental groups, environmental justice advocates, and subject-matter experts.

Endorsement of the TFS would value tropical forests for the extensive climate benefits they provide. It would also be a major step forward for tropical forests and the communities who live in and defend them. And these proposed changes would make the TFS even stronger in the fight against tropical deforestation.

In general, the changes CARB has made – responding to public and policymaker feedback – add detail and clarity that strengthen the accountability built into the TFS. The more specificity, the easier it is to ensure the standard is upheld and ultimately helps deliver the emission reductions from stopping tropical deforestation that the climate so desperately needs.

Here are the key changes to the proposal. (A Tropical Forest Standard refresher may be helpful before diving in.)

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Also posted in California, Carbon Markets, Indigenous People / Read 1 Response

When it comes to avoiding deforestation in the Brazilian Amazon, new study reveals that federal and state agencies have had different outcomes

Aerial view of the Amazon rainforest, near Manaus. Photo by Neal Palmer via Flickr.

(This post was co-written by study co-author Alex Pfaff)

Protecting the Amazon rainforest is critical for mitigating climate change and meeting other global environmental goals. This vast but threatened ecosystem provides essential services like carbon storage, watershed protection and species habitat. Protecting these global services using a range of environmental strategies could justify significant climate finance, green supply chain investments, and other economic opportunities for Brazil.

Brazil made significant strides in reducing deforestation between 2004 and 2012, all while increasing agricultural production. Many heralded Brazil as a world leader in reducing greenhouse gas emissions. However, deforestation did not drop evenly across the Amazon. In a new study published in the Proceedings of the National Academy of Sciences, we seek to understand why forest protection efforts in the Brazilian Amazon differed in their impacts, across the region, with a focus on the government agency in charge.

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Also posted in Brazil, Indigenous People / Comments are closed