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Download your free copy of the forest carbon offsetting report 2010
EcoSecurities, Conservation International, Climate, Community and Biodiversity Alliance (CCBA), ClimateBiz and the Norton Rose Group collaborated to find out what more than 157 global, multinational and regional organisations think about forestry and forest carbon offsetting projects.
Some of the key findings include:
- Positive attitudes towards forest carbon offsetting have increased in the past year, with nearly 80% of respondents having a ‘positive’ or ‘very positive’ attitude compared to only 58% in 2009;
- In particular, the most significant change in attitude was from Europe where 84% of participants claim to have a ‘positive’ or ‘very positive’ attitude compared to 36% in 2009;
- Participants highlighted the most important factor when purchasing forest carbon offsets are carbon standards (89%), closely followed by project location (84%), project type (80%) and the projects’ ability to generate additional community and biodiversity benefits (83% & 77% respectively);
- Reforestation with native species (89%) and avoided deforestation (78%) were rated the most desirable types of forestry project;
- South America (74%) was the most sought-after region from which to purchase forest carbon credits;
- The Voluntary Carbon Standard (VCS) and Climate, Community & Biodiversity (CCB) Standards were the two most popular carbon standards (73% and 64% respectively).
"Forestry promises to be a powerful and cost-effective tool in the fight against climate change," said ClimateBiz Managing Editor, Matthew Wheeland. "Corporate offset buyers recognise this potential, and show little sign of declining enthusiasm for forestry, despite the regulatory uncertainty."
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