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by Amanda Hawn
Just two weeks after Kyoto was put into force, Natsource Asset Management Corp. (NAM Corp), a subsidiary of New York based Natsource LLC, announced the world's first private sector mechanism for managing European Union Emissions Trading Scheme (EU ETS) and Kyoto Protocol (KP) Greenhouse Gas (GHG) compliance requirements. A month on, The Ecosystem Marketplace looks at what makes the mechanism unique and considers, more generally, the significance of private-sector players in the newly-minted global carbon market.
by Virginia Gewin
As oil prices rise, climate warnings pile-up, and fears over energy security mount, many are looking harder than ever at the future of renewable energy. But how can governments best encourage the use of "green" energy? The Ecosystem Marketplace takes a look at what is being done in this regard around the world, focusing specifically on tradable renewable energy credits; a market some believe will one day become a bustling -- and possibly even global -- environmental market.
by Jeremy Smerd
With the 8th National Mitigation and Conservation Banking Conference around the corner next month, the future of mitigation banking in the United States has never looked more promising. But supply and demand, say some of the industry's pioneers, can still be fickle masters when it comes to mitigation banking in the arid west. The Ecosystem Marketplace takes a look at the challenges facing mitigation banks in the Denver area and considers the potential for overcoming them in the year ahead.
by Amanda Hawn
Cap-and-trade may be a novel idea in some circles, but it is an old-hat notion in the basin of Lake Tahoe, US. In 1987, the Tahoe Regional Planning Agency (TRPA) designed a series of tradable land rights in order to create flexibility for landowners and developers seeking to comply with the basin's strict environmental regulations. Two decades later, scientists, landowners and urban planners are taking a second look at these now mature markets and asking themselves how Tahoe's tradable rights might evolve into even more useful planning tools in the decades ahead.
by Sven Wunder, CIFOR and Maria Teresa Vargas, Fundacion Natura, Bolivia
What is in a name? Does a rose by any other name truly smell as sweet? Aware that terms such as "markets" and "payments for ecosystem services" have encountered resistance in some parts of the world, the Ecosystem Marketplace asked two practitioners based in Latin America to explore how the concept of "markets/payments for ecosystem services" is being perceived in developing countries.
by Melissa Gronlund
James Cameron has long been one of the most important players in the field of international environmental law, combining innovative thinking in the conference room with hard work on the frontlines. In the last two decades, he has turned his attention to the issue of climate change -- proving that environmental stewardship is not only possible, but also profitable on a global scale. The Ecosystem Marketplace takes a look at Cameron's career to date and finds out where this barrister gone businessman is headed next.
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