mercado de créditos de carbono - Revista O Papel

tion is to link private capital with the
development of a forestry economy,
integrating local communities. The idea
was defended by Gazani at the International
Sustainability Forum held back in
March in Manaus (AM), which included
the presence of former vice-president of
the United States, Al Gore, biodiversity
specialist Thomas Lovejoy, and movie
director James Cameron, among others.
This is because deforestation currently
accounts for roughly 20% of polluting
gas emissions that cause global
warming. Within this context, financial
mechanisms, such as Reducing Emissions
from Deforestation and Forest
Degradation (REDD+) would have the
potential to reduce emissions of developing
countries, like Brazil, by up to
39%. “Sustainable Forest Management,
as a means of conservation, is the most
viable for protecting the forest and containing
deforestation, since it includes
BY ABEMC
Gazani believes the solution is to
link private capital with the development
of a forestry economy
an economic activity that creates jobs
and income for local communities.”
Pure forest conservation, even if
subsidized by the government, is not
sustainable. True sustainability focuses
on three pillars: environmental, social
and economic. In order for there to be
sufficient investment to preserve the existing
forests around the world, we need
to make “standing forests” a profitable
business”, said Gazani.
The presence of sustainable management
projects in Brazil is still incipient,
but mechanisms like REDD+,
pegged to private capital, could multiply
the number of projects, stimulating
economic activity in local communities,
qualifying labor and protecting
forests on a continuous basis. “In spite
of being new and without structured
regulations, the REDD+ mechanism is
already establishing itself in Brazil. As
the biggest owner of remaining tropical
forests and a favorable investment climate,
Brazil should take over a leading
position in stimulating such mechanism,
incorporating private capital”, believes
ABEMC’s president.
Changes intended by the sector in the negotiation of new climate policies
Temporality
The current text states that native and planted forests are not a permanent sink-hole of CO 2
, since they are vulnerable to natural
disasters - forest fires, storms and floods – and other “unforeseen events” and may be destroyed. For this issue, the sector proposes:
• The periodic monitoring of forests to measure the absorption of CO 2
, the amount of carbon sequestered and to project the
absorption potential of forests. This information ensures the supply of forest carbon credits that would be available to be
commercialized.
• The creation of planted forests lines of insurance and reinsurance, in order to offer guarantees to the carbon stock replenishment
market.
• Ensure the commitment of parties involved to replenish carbon inventories in the case of eventual reductions.
Additionality
The current text defines that planted forests absorb CO 2
on a temporary basis, since, when they are harvested, all the carbon
stocked returns to nature, transformed into wood for various applications and other sub products. For this issue, the sector states:
• The absorption cycle of planted forests is never interrupted. As soon as a tree is cut down, a new one is planted in the same place.
Forests in exhaustion
The current text does not include forests planted before December 31, 1989 as being CDM eligible. Current rules only encompass
the reforestation of areas without forests on that date. For this issue, the sector:
• Negotiates that the planted forest base as of 1990 be eligible for purposes of replanting, generation and commercialization of
carbon credits. This issue is fundamental and a prerequisite for commercializing future carbon credits via the Kyoto Protocol.
Source: Bracelpa/July 2010
O PAPEL - Julho 2010
43