Tuesday, November 2, 2010

WHAT CAN $4 GET YOU NOWADAYS?


That would be a TON of temporary carbon credits. No, really. The World Bank’s BioCarbon Fund is buying up half the carbon stored through 2017 from an Ethiopian forestry project at $US4 per credit (tCER). The Humbo Assisted Natural Regeneration Project is among Africa’s first forest projects under the CDM.  Read about the deal between Christian humanitarian organization World Vision, who helped develop the project, and the World Bank from Carbon Positive here.  Learn more about this project from its inventory listing on the Forest Carbon Portal here. 



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