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Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Snakes or Ladders at the Carbon Fund?

After meeting in Paris, the Carbon Fund has provisionally approved the first two REDD+ programs in DRC and Costa Rica. After eight years writing a charter, negotiating a rulebook, and vetting proposals, it was long overdue. Learn about the Carbon Fund approval process in this post.

Will SCOTUS Ruling on EPA’s Clean Power Plan Derail Paris Agreement?

Last Tuesday the U.S. Supreme Court decided, by a 5 to 4 vote, to allow states to temporarily stop preparing to implement the Obama administration's signature regulation for cutting greenhouse gas emissions until a series of lawsuits against the rules have been decided.  This casts uncertainty on climate policy actions both in the U.S. and internationally, as many developing countries are only willing to take climate action if the US shows leadership.

Corporate Leadership in 2016: Intimidation Out, Engagement In

Last week marked the transition from commitments to compliance for a number of companies that have pledged to get deforestation out of their supply chains.  Wilmar International, the world’s largest trader of palm oil, set a December 31, 2015 deadline for suppliers to adhere to its path-breaking “No Deforestation, No Peat, No Exploitation” policy. December 31st was also Jim Bob Moffett’s last day at work as the chairman of Freeport-McMoRan, the company that developed one of the world’s largest copper and gold mines in eastern Indonesia. The coincidence of these milestones leads me to reflect on the changing norms of corporate leadership, and my brief interaction with Mr. Moffett 20 years ago.

Saving Forests in Paris: Breakthrough for REDD+?

The historic UN “Paris Agreement” achieved by climate change negotiators highlighted the importance of conserving forests and laid the groundwork for future global carbon markets to finance emissions reductions from tropical forest countries.  But a full-fledged carbon market-based mechanism to protect forests and reduce rampant deforestation is still years down the road.  In the meantime, reducing emissions from deforestation will continue to depend on a medley of public and private financing appr

California Looks to the Forests: My Remarks to the California Air Resources Board

California is looking to tropical forests to help slow climate change. After years of delays, the California Air Resources Board (ARB) appears to finally be moving ahead with plans to finance tropical forest protection through “sectoral offsets” to its cap-and-trade program, in which California companies could meet part of their climate obligations by buying offset credits from states in developing countries that reduce emissions from deforestation.

Obama’s Meeting with Jokowi Yields Disappointing Results for Forest and Peatland Protection

Last Friday, I wrote about how President Obama should hail Indonesian President Joko ("Jokowi") Widodo’s dramatic announcement last week to halt further development of peatlands and to initiate a major program to restore peatlands that have already been disturbed. While the Joint Statement out of the meeting does mention peatland, the US response to Jokowi’s potentially game-changing new course of action appears to fall short.

Obama Should Hail Indonesia’s Plans to Protect and Restore Peatlands in Monday’s Bilateral Meeting

When Indonesian President Joko Widodo (“Jokowi”) meets with President Obama on October 26, climate change will certainly be on the agenda, with the Paris 2015 summit only a month away. Obama should use the opportunity to praise and offer support for the steps Jokowi announced earlier today to address the underlying causes of fires currently consuming vast areas of Indonesia’s forests and peatlands. In particular, Obama should hail Jokowi’s plans to end the opening of peatlands for cultivation and to promote community-based restoration of those already disturbed. Neither head of state should allow his vision to be clouded by spurious claims that proposed solutions will hurt small farmers or infringe on Indonesia’s national sovereignty.

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