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by Mark Nicholls
The World Bank's recent snapshot of the state of the carbon markets found rising volumes, underpinned by greater certainty. But, as the Ecosystem Marketplace finds, it also highlighted some concerns about the current shape of the Clean Development Mechanism.
by Alice Kenny
Proving that necessity is indeed the mother of invention, the US states that feed water into the Chesapeake Bay -- an expanse of water twice the size of Ireland -- have begun to explore the use of market-based mechanisms to protect one of the world's largest watersheds. The Ecosystem Marketplace takes a look at how nutrient trading is being explored in Virginia and Pennsylvania.
by Jessica McCallin
Recently, one of London's venerable black cab companies, Radio Taxi Group, announced that it will be offsetting its carbon emissions through forestry and energy projects around the world. The company is hoping that -- as its large corporate customers come under pressure to reduce their emissions -- having a "climate-friendly" cab service will give them an edge. The Ecosystem Marketplace looks at the assumptions and thinking that underpin this decision.
by David Biello
The transportation sector accounts for a large -- and growing -- proportion of global warming emissions around the world. As a result, major oil companies face a large -- and growing -- problem with their products. While a hydrogen economy might prove a long-term solution, oil companies are beginning to ask themselves what can be done in the short-term? BP and the Swiss Oil Association think they have an answer: offsets. The Ecosystem Marketplace looks into whether or not they are right.
by Cameron Walker
As fisheries worldwide continue to collapse, governments are increasingly turning to market-based mechanisms to ensure their conservation. One such approach is the use of so-called Individual transferable quotas (ITQs). Since New Zealand has experimented with quota systems more than any other country, the Ecosystem Marketplace considers what the Kiwis have learned about the pluses and minuses of this market-based approach to fishery management.
by Andrew Bell
As the host country of the Kyoto Protocol, Japan celebrated the treaty's entry into force with considerable fanfare. In the early months of trading, however, Japanese businesses have been noticeably absent in the world of carbon finance. The Ecosystem Marketplace asks why Japan's private sector has been slow to invest and considers whether the early efforts of the country's first carbon fund might soon shake things up a bit.
by Mark Nicholls
The launch of a new emissions allowance price index from London-based energy brokers could herald the beginning of more transparent derivatives markets attached to the EU Emissions Trading Scheme (EU-ETS). This -- some think -- could pave the way for the entry of large financial actors into the carbon market. The Ecosystem Marketplace takes a closer look.
by Craig Denisoff
In a recent article, the Ecosystem Marketplace talked to several environmental groups who expressed concern over the effectiveness of wetland mitigation banking in the US. In this guest editorial, Craig Denisoff, the President of the National Mitigation Banking Association (NMBA), responds to those concerns.
by Simone Lovera
While there has been much interest in the use of markets to protect the environment of late, not everyone is convinced that markets are ultimately good for the environment or good for communities. Aware that environmental markets are still controversial, The Ecosystem Marketplace asked Simone Lovera, of Friends of the Earth International, and a prominent critic of markets, to express her views in a Guest Editorial. We see this as a first in a long list of articles discussing the pros and cons of environmental markets. In future issues we will ask other advocates and critics of markets to express their views.
by Amanda Hawn
Achieving sustainability in Mexico can be difficult work. Fortunately, Pati Ruiz Corzo the founder and Director of the Grupo Ecologico Sierra Gorda is up to the task. For nearly twenty years she has been weaving a tapestry of conservation in central Mexico using people and markets as the warp and woof on which all else depends. The Ecosystem Marketplace visits this indomitable force for good.
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