CIB is thrilled to be recommended by the auditor for renewal of the FSC certification for 2021. Our four concessions, Pokola, Kabo, Loundoungou and Mimbeli-Ibenga are 100% FSC certified. This year’s audit was not free of challenges that the pandemic brought with it.
International treaties threaten affordability of climate action: new report IIED
A new IIED report shows how key international legal measures could risk an increase in the cost of shifting to green energy and tackling climate change.
A complex set of international legal measures protecting the fossil fuel industry risks significantly increasing the cost of moving to green energy and tackling climate change, a new IIED report has revealed.
The ‘Raising the cost of climate action? Investor-state dispute settlement and compensation for stranded fossil fuel assets’ study is the first to quantify the proportion and value of the fossil fuel industry and associated infrastructure that is protected by international treaties that include provisions for investor-state dispute settlement (ISDS).
ISDS could require governments – effectively the country’s taxpayers – to pay large compensation sums to fossil fuel companies.
And with previous research having shown that the value of potential stranded assets in the power sector alone is nearly US$2 trillion, and valued at $3-7 trillion for oil and gas reserves, the cost could be substantial.
IIED director Andrew Norton said: “Ending dependence on fossil fuels is crucial to being able to tackle climate change, and our research shows that rethinking investor-state dispute settlement is a key part of making that possible.
“It is vital that people are not made to bear the costs of compensating fossil fuel companies and that the state instead invests in clean, green alternatives.”
Obscure but powerful
There are more than 2,600 bilateral investment treaties and preferential trade agreements that protect foreign investors’ assets.
And while these treaties may be obscure, they are powerful; ISDS enables foreign investors, including shareholders, to sue states over conduct they believe breaches international investment protection rules, such as vital action to cut emissions.
Examples could include the early retirement of coal-fired power stations and oil refineries, not exploiting coal, oil and gas reserves, and scrapping pipelines and other fossil fuel transport infrastructure.
These are the measures that governments need to take to fulfil the climate commitments they have signed up to under the Paris Agreement.
The report was released to coincide with the latest meeting by the United Nations Commission on International Trade Law’s working group on investor-state dispute settlement (ISDS) reform, taking place from 5-9 October. The working group was set up to review possible reforms to ISDS, particularly procedures for settling disputes between investors and states.
These include terminating old treaties, developing innovative drafting approaches for any new treaties and radically modernising the Energy Charter Treaty, which plays a significant role in protecting foreign-owned coal power plant assets.
Coal-fired power station focus
To date, huge pay-outs have been made based on ISDS tribunals’ estimation of what an investor could have earned over an installation’s lifetime. However, these projections often do not consider the volatility of fossil fuel prices as renewables have become more competitive and as other factors have impacted the market.
‘Raising the cost of climate action?’ includes a focus on coal-fired power stations. ISDS protects most of the world’s 257 foreign-owned coal plants, which must be retired early in order to put the planet on track to keep temperature rise below 1.5°C above pre-industrial levels.
In Indonesia, one example highlighted by the report, the estimated value of 12 coal-fired power stations protected by ISDS could be up to $7.9 billion. The cost of ISDS compensation could be even greater.
For more Information, please, download the Report here below:
This training, organized by IFED in partnership with Queen's University (Ontario, Canada), will be facilitated by trainers and high-level professionals with proven (many years) experience in the field of training and management of protected areas. Registation deadline: October 26, 2020.
The Summit focused on the theme “Urgent Action on Biodiversity for Sustainable Development,” to highlight the urgency of action at the highest levels in support of a post-2020 GBF that contributes to the 2030 Agenda for Sustainable Development (2030 Agenda) and places the global community on a path towards realizing the 2050 Vision for Biodiversity, “Living in harmony with nature.”
In many parts of the world, autumn is the time to gather the harvest and count our blessings. This year’s trials and tribulations have taught us that while we can count on blessings bestowed by other humans to overcome the COVID-19 crisis, we are wholly dependent on blessings bestowed by nature to survive and flourish.
Illegal trafficking and unsustainable trade in wildlife are causing unprecedented declines in some species. They can also potentially lead to the spread of zoonoses, such as SARS-CoV-2, which causes COVID-19. While the Convention on International Trade in Endangered Species of Wild Fauna and Flora has been in force since 1975, there are growing calls to build a stand-alone international instrument to address illegal wildlife trade and crime.
The session will interactively present the different tools available for policymakers, researchers, NGOs, donors, private sector and students working in the region to obtain information related to biodiversity and forest management.
This struggle is essential and has always been part of ATIBT's missions. Even if this trade affects only a small share of imports, it needs to be eradicated. How do we combat illegal timber players in Europe?
When climate risk insurance (CRI) schemes first started gaining popularity ten years ago, many believed they would be a solid solution to help vulnerable communities financially manage natural hazards and adapt to climate change. However, over the past decade implementers have learned that changes to existing approaches are required to better meet the needs of the target populations.
The COVID-19 pandemic presented countries with unprecedented challenges this year, requiring them to respond quickly to major disruptions in health care, economic activity, and livelihoods.
Unaddressed, climate change will entail a potentially catastrophic human and economic toll, but it’s not too late to change course. Global temperatures have increased by about 1°C since the pre-industrial era because of heat-trapping green-house gases accumulating in the atmosphere.
“Spend what you need to, but you need to keep the receipts.” Speaker after speaker elaborated on this theme and its objectives during a discussion organized by the Open Government Partnership on the sidelines of the UN General Assembly’s 75th session. Principles such as transparency, accountability, participation, trust, communication, and inclusion were highlighted as critical components for the effective governance of stimulus packages and efforts to respond to the COVID-19 pandemic.
A policy brief from the International Institute for Sustainable Development (IISD) emphasizes that reversing the alarming rate of biodiversity loss requires a significant policy shift away from business as usual. The coming decade is of utmost importance for global governance of biodiversity, the authors stress.
The UNCCD Executive Secretary Mr. Ibrahim Thiaw held a virtual meeting with the Minister of Environment and Natural Resources of Nicaragua Ms. Sumaya Castillo, the Executive Secretary of the Central American Commission for Environment and Development (CCAD) Mr. Salvador Nieto, and the special envoy for LAC, Mr. Edgar Gutierrez, to discuss a future cooperation cooperation agreement and review land restoration activities in the region.
Bonn, Germany/Laxenburg Austria – UNCCD and the International institute of applied systems analysis (IIASA) signed a memorandum of understanding (MoU) on 30 September 2020 to promote the application of integrated system analyses in support of science, technology and UNCCD implementation. This MoU builds on shared priorities and strategic vision of both institutions to advance transformational changes that help achieve sustainable development goals, in particularly SDG15.3 on Land degradation Neutrality.
We planted about 8,000 trees within a 20ha area in an effort to restore degraded forest within the agricultural zone in DSPA. Funding for this restoration project was provided by the Peter and Luise Hager Foundation (Peter und Luise Hager- Stiftung) through WWF Germany. We also maintained previously planted trees.
This workshop was organized by the Federation of Timber Manufacturers (FIB) in collaboration with ATIBT through the FLEGT REDD, FLEGT IP and FLEGT certification projects, namely "Improving the integration of third party verified certification into FLEGT-REDD processes", projects awarded to ATIBT aimed at improving the legal level of companies through professional associations, project partners, and through the promotion of third party verified certification, to prepare them for the implementation of FLEGT VPAs.
Within the framework of the realization of its projects, the ATIBT and its partners present you a directory guide to accompany the forest companies in the assembly of plantation project.
The Global Center on Adaptation (GCA) has established a regional office focused on adaptation issues and projects across Africa. The regional office is hosted by the African Development Bank (AfDB) at its headquarters in Abidjan, Côte d’Ivoire.
A High-level Roundtable on Climate Action, convened by UN Secretary-General António Guterres, showcased high-impact climate solutions and targets by governments, the finance sector, and civil society.
Around 40 kilometers south-west of the Ethiopian capital, Addis Ababa, native and exotic trees stand side by side on 8 hectares of the Suba Forest. Surrounded by tall junipers and idyllic mountains, this group of seed orchards is just one of many that serve as incubators for the country’s impressive landscape restoration efforts.
From action on climate, biodiversity, health, gender equality and more, world leaders, academics, young activists and others turned their attention to the United Nations in September with the need to work together for a sustainable future a common refrain.
5 October 2020, Rome – FAO has launched a new publication highlighting the major achievements of the FAO Forestry Programme in helping improve lives and livelihoods while making forestry more productive and sustainable.
The first UN Biodiversity Summit highlighted the urgency of action at the highest levels in support of a post-2020 global biodiversity framework that contributes to the 2030 Agenda for Sustainable Development and places the global community on a path towards “living in harmony with nature” – the 2050 Vision for Biodiversity.
Although research demonstrates the benefits – for people and forests – of secure land and resource rights, these rights remain unrecognized for many of the world’s estimated 476 million Indigenous Peoples.
Women have dominated shea production and sales for centuries in West Africa, managing trees, gathering nuts, roasting and crushing kernels to create rich butter used in cooking, cosmetics and medicines.
At the Center for International Forestry Research and World Agroforestry (CIFOR-ICRAF) scientists are learning to adapt to the new reality of COVID-19.
Repairing Humanity’s Relationship With the Planet Will Be Cheaper Than Continuing to Let It Slide – foreignpolicy
The choice is simple: accept devastating wildfires, extreme weather, species loss, and disease outbreaks or secure a sustainable future at a fraction of the cost.
The aim of new guidelines published by ITTO on 5 October 2020 is to help stakeholders—from policymakers to foresters and farmers—in restoring degraded landscapes, thereby providing vital goods and ecosystem services and creating sustainable rural livelihoods and employment.
FAO Director-General calls for transformational change in the way we manage our forests and food systems that depend on them – FAO
5 October 2020, Rome - Transformational change is needed in the way we manage our forests and their biodiversity, produce and consume our foods and interact with nature, if we want to build back better after the COVID-19 pandemic and achieve the Sustainable Development Goals. This was the key message of a speech delivered today by FAO Director-General QU Dongyu at the 25th session of the Committee on Forestry (COFO).
Our forest elephant dung-based distance-sampling survey of the 5,260 km2 World Heritage Dja Faunal Reserve (DFR) in Cameroon systematically covered 298.2 km of line transects with a further 1,681.4 km covered as recces. The population estimates of 0.042 individuals/km2 (CV: 19.4%; 95% CI: 0.029–0.061) and 219 individuals (95% CI: 150–319) confirmed a significant decline over recent years.
Call for Expression of Interest for the selection of a Development Bank in charge of opening and managing a "Blue Fund for the Congo Basin" financing line. – CBCC
The Congo Basin Climate Commission (CBCC) is launching a Call for Expression of Interest (CEI) for the selection of a Development Bank in charge of opening and managing a "Blue Fund for the Congo Basin" financing line.
...A possible pathway to overcome this barrier involves eliciting mental models behind policy decisions to allow better representation of human agency, changing perspectives to better understand divergent points of view, and refining strategies through explicit theories of change. Games can help decision makers in all of these tasks.
Read: FLEGT-IP and FLEGT-REDD Project Workshop SPIB - ATIBT "Traceability and Forest Certification of Wood"; ATIBT welcomes its new member Francisco Mourao; FSC Publishes The Revised National Forest Stewardship Standard of Cameroon*
FLEGT-IP and FLEGT-REDD Project Workshop SPIB - ATIBT "Traceability and Forest Certification of Wood" - ATIBT
On Tuesday, September 22, 2020 was held in Abidjan, from 9:00 am to 6:00 pm at the Palm Club Hotel, the workshop on Traceability and Certification, organized by ATIBT and SPIB, as part of the implementation of activities of the FLEGT-IP and FLEGT-REDD Project in Côte d'Ivoire.
The standard will be effective on 29 December 2020. The revised FSC National Forest Stewardship Standard (NFSS) of Cameroon applies to all forest types, small and low-intensity management units and community forests.