Ecosystem Marketplace, Marketplace eNewsletter. Vol. 1, No. 2, February 2, 2005

Vol. 1, No. 2: February 2, 2005    

From the Editors

A Bad News, Good News month for Climate and Environmental Markets

As this issue of the Ecosystem Marketplace e-newsletter goes out, the signals about the future of environmental markets--and in particular the market for greenhouse gas emissions--are mixed. On our web site we look at both the good and bad and try to determine whether we should be bullish or bearish going forward (click here to read more). We look at the use of carbon funds in Europe as a way of dealing with carbon risk, and we ask the question: are organic foods an environmental market? Also in this issue, a key player in the market for wetland mitigation credits in the US predicts a bright future for the industry. Finally, we're hard at work on the development of the Marketwatch section of the site, where we'll track leading markets trading the value of carbon, water and biodiversity. Marketwatch will launch on March 31, so stay tuned!

- Ricardo Bayon & Adam Davis


TABLE OF CONTENTS
 
»  NEWS: Canda considers buying $1.4 billion in foreign GHG credits
 
»  NEWS: McCain not interested in climate sub-committee
 
»  NEWS: Climate change conference opens in the UK
 
»  NEWS: $100 million conservation bill passes in Georgia's House of Representatives
 
»  NEWS: NZ tree plan to add carbon knowledge
 
 
»  NEWS: Report: Climate Change a killer
 
»  NEWS: Euro accountants warn on CO2 trades
 
»  NEWS: Job Opportunity - General Manager, NSW Greenhouse Gas Abatement Scheme
 
»  FEATURE: European Carbon Funds: Building Momentum
 
 
»  FEATURE: Pesticide Free but Pricey: Are Organic Foods an "Environmental Market"?
 
»  FEATURE: Forest Sequestration enters Carbon Market Down Under
 
»  Profile: Fred Danforth--From Successful Financier to Mitigation Banker
 
»  Opinion: Guest Editorial--The Future's So Bright I Gotta Wear Shades
 
        

News

 
 
 
 
 
 
 
 
 

News

By Jessica McCallin
As the European Emissions Trading System begins operation, companies are beginning to look at carbon funds as ways of meeting their regulatory responsibilities and managing risk. But as the Ecosystem Marketplace finds out, the public offerings are still thin and they are likely to be of little use until the second commitment period (2008-2012).
 
By Amanda Hawn
Agriculture stands poised to become one of the world's largest environmental issues in the decade to come. Organic agriculture may be part of a sustainable solution to the problem of increasing the world's food supply still further, if it can be scaled up effectively and quickly. But as interest in organic agriculture grows worldwide, the Ecosystem Marketplace asks: Is this truly an environmental market? And what does it mean for ecosystem services worldwide?
 
By Phil Dickie
In Late 2004, Australia's CO2 Group Ltd. became the first company in the world to receive accreditation for the sale of forest-based carbon sequestration credits in a functioning GHG emissions markets. The Ecosystem Marketplace takes a look at the transaction and asks how it fits in with similar attempts to deal with the issue of forest-based sequestration worldwide.
 

Additional Highlights

PROFILES
By Ricardo Bayon
After a successful career in private equity investing, Fred Danforth followed his passion for fly fishing into a second career as a wetland and stream mitigation banker. His story and his experience may provide some interesting insights into the future of conservation finance.
 

OPINION
By Rich Mogensen
Director, Mid-Atlantic Mitigation, LLC
As wetland and stream mitigation banking begins to grow rapidly in the US, the Ecosystem Marketplace asked Rich Mogensen, former president of the National Mitigation Banking Association (NMBA) and Director for Mid-Atlantic Mitigation, LLC (an EarthMark Company) to comment on the industry. Thanks to a series of key legislative developments, he is unabashedly optimistic.

 

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UPCOMING EVENTS
- 4/19/2005 - 4/23/2005: The 16th Global Warming International Conference New York, NY  

- 5/3/2005 - 5/4/2005: EnviroExpo & Conference Boston, MA  
 
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USDA Forest Service
 
 
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