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Peru Adopts National Climate Change Plan
In July, the Peruvian Agricultural and Environmental Ministry solidified La Estrategia Nacional sobre Bosques y Cambio Climático, a plan that has engaged indigenous communities, civil society, and local governments to put Peru on the path to reducing deforestation, thereby reducing greenhouse gases. This multi-pronged approach will also look to incentivize both private companies and small-scale […]
July 27, 2016
California is Considering a Global Approach to Offset Strategies
California’s Cap and Trade Program (AB 32), managed by the Air Resources Board, may soon be able to start allowing companies to meet emission reduction regulations by including rainforest jurisdictions in their offset options. This would allow regulated industries in California to purchase surplus allowances from regions like Acre, Brazil, which are tapping into innovative […]
July 7, 2016
Governor of West Kalimantan to Support Green Growth in Indonesia
On May 26th, the Governor of West Kalimantan, Cornelis MH, announced his plans to support sustainable and low carbon growth using an integrated landscape approach. In a newly formed partnership with IDH Sustainable Trade Initiative and PTCUS, Governor Cornelis will be supporting a combined effort on behalf of governments, private companies, and public stakeholders to […]
June 13, 2016
ARB Workshops Promote the Inclusion Of Tropical Forest Credits in the California Cap & Trade Program
GCF members rallied to support the ongoing effort by California to integrate jurisdictional REDD+ into its greenhouse gas (GHG) compliance system, which is the first such effort in the world. Members from topical forest states and provinces around the world hope to provide critical proof-of-concept for broader efforts to link emissions reductions in tropical forest […]
June 11, 2016
Government of Norway Makes Major Pledge Of USD $25 Million to the Governors’ Climate & Forests Fund
The Government of Norway has made a major pledge of USD 25 million to the Governors’ Climate and Forests Fund to support innovative rainforest states in their plans to implement the Rio Branco Declaration to reduce deforestation 80% by 2020 and provide opportunities to local communities. The pledge will leverage the Fund’s efforts to enlist […]
July 19, 2015
Rio Branco Declaration
On August 11, 2014 at the GCF Annual Meeting in Acre, Brazil, GCF Governors from across the world launched the Rio Branco Declaration committing their states and provinces to reducing deforestation by 80% by 2020 with performance-based funding from the international community. Through the Declaration, the Governors are pledging a substantial share of any pay-for-performance […]
August 11, 2014
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