EcoSecurities, Conservation International (CI), ClimateBiz and the Climate, Community and Biodiversity Alliance (CCBA) announce the findings of their recent ‘Forest Carbon Offsetting Trends’ survey 2009.
Find out what 120 global, multinational and regional organisations attitudes are to forest carbon projects in general. In addition the report also examines the motivating factors behind corporate decisions to purchase forest carbon offsets and the perceptions which organisations have regarding the additional community and biodiversity benefits that many forestry projects often provide. Some of the key findings include:
Avoided deforestation (91%) and reforestation with native tree species (89%) were rated the most desirable forestry projects in regards to carbon results; South America (78%), Africa (71%) and South East Asia (69%) are the three most desirable regions to purchase forest carbon credits; The Clean Development Mechanism (64%) and the Voluntary Carbon Standard (60%) were rated as the most desirable standards when purchasing forest carbon offsets; Participants highlighted the most important factor when purchasing forest offsets are carbon standards (91%), closely followed by experience and credibility (87%); In comparison to Europe (19%), companies in North America (50%) are much more willing to pay up front for carbon credits that will be generated more than five years from now; Benefits to local communities (89%) and the global scale of the problem (77%) have been the key motivational factors for adopting offsets from forest carbon projects.
"This survey demonstrates the growing understanding among offset buyers of the potential of forestry activities to generate high-quality, cost-effective emissions reductions while at the same time providing additional advantages like conserving species and supporting local communities.”
Joanna Durbin, Director of Climate Community and Biodiversity Alliance
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