Showing posts with label nonmarket valuation. Show all posts
Showing posts with label nonmarket valuation. Show all posts

Friday, July 25, 2008

News Summary for 6/21-7/15

...enough news to [fill in the blank]

Projects

- WQT Funding – EPA’s Targeted Watershed Grants app is due (w/ state governor approval) by Sept. 9. $4.2mill for 15-25 projects (range is $100k-$1mill) Contact: Chris Lewicki at lewicki.
Chris”at”epa.gov or (202) 566-1293. RFP is here
- WQT – EPA’s Toolkit on wqt to include info on trading w/onsite (septic), elig of State Revolving Funds for wqt – expect it out Aug 2008
- WQT – new PT-PT trading in Passaic (NJ) for P.

- Env Mkt – new ~Craig’s List for Farmers Market products in MD: www.foodtrader.org

News


- Leadership – Rob Doudrick, former lead for US Forest Service ecosys svcs group, leaves post to direct Resource Use Sciences. Al Todd, formerly [Ches Bay] Watershed Program Leader steps up as ecosys svcs lead within State and Private branch of USFS.
- Leadership – Dan Nees, formerly with WRI and the Conservation Finance Center (U MD), to head the Ches Clean Water Fund (aka Nutrient Neutral) within Forest Trends

- C/CC/Forests – June 13th issue of Science (vol 320) full of articles on forests, CC, C, etc.
---Miles & Kapos’ “Reducing GHG emiss from deforest & for degrad: global land-use implications”. Themes of ongoing REDD debate: baseline, countries that have already reduced deforest, protocols for meas/validation of reduct, how to fund REDD (grants vs. mkt-mech). When agree on REDD (prob 12/09), “a major new driver for forest conservation will be born”. Scale of funding HUGE: ballpark $1.2bill-$10bill/yr/globally (compare to ballpark current invest forest protection: $250mill-$700mill; & current world forestry exports: $39bill). Other ecosys svcs could be shafted – REDD “losers” should become new priority for conserv./sust forest mngt.
---Sukumar op ed “Forest Research for the 21st century”. Need > sci for use in CC adapt; > sci to inform sust harvesting in tropics.
---Canadell & Raupach “Managing Forests for CC Miti”. Reviews global estimates of reduced emiss (Pg C) of 4 forestry strat: reforest, incr C density, incr use of forest products, REDD. Also touches on: risk, biophys feedbacks, unintended conseq of lrg land-use change, etc.

- C - RGGI begins auctioning permits Sept 25

- All things C – Ecosystem Marketplace’s V-Carbon Mail (6/27)
---Sir Nicholas Stern’s co IdeaCarbon will rate C credits like bond ratings (AAA -> D)
---Gold Standard-certified C projects can get C insur at reduced rate via company CarbonRe
--- Australia & Indonesia signed Forest C agreement for REDD activities

- REDD – Ecosys M’place releases REDD primer

- C biz – study analyzed 16 major consult firms and says ICF is tops for C work. BTW – ICF is looking to hire a Senior Assoc in their Env Markets group in DC.
- C biz - …but maybe Richard Branson will crash the C consultancy party? w/ new eco-consult Virgin Green Owls
- C biz – Conserv International expanding their Forest C Markets work: hiring Advisor in DC area
(hat tip to ecorazzi for the Gore/Branson love)

- Instit – Ecosys M’place has primer on C registries – breaks it down to emissions tracking registries (“measuring the beans”) and C credit accounting registries (“tracking the trades”). Great overview.
- Instit – Vol C Standard Assoc (VCS) gives blessing to 4 (accounting) registries: APX, Caisee des Depots, Bank of NY and TZ1

- CC – new book “The Atlas of CC: Mapping the World’s Greatest Challenge” – reviewer in Cons Bio says it’s a great “intro and general ref for people involved in policy at any level”. Wish Amazon had sample pages. (Parmesan, 2008, Cons Bio, Vol 22, No. 3).

- All things Mitigation – Ecosystem Marketplace’s Mitigation Mail (7/3)
---Env Mkt – Ecosystem Marketplace releases “the Matrix: Mapping Ecosystem Service Markets” is living database/spreadsheet/info resource summarizes globally env svc mkts (mkt description, size/volume of trades, players, emerging issues, env and dev world impact)
---WQT – Ecosys M’place article highlights momentum of Katoomba mtg for Ches Bay players, emph on figuring out how to help wqt work regionally, Nutrient Neutral Fund idea funded by CIG grant – will follow ex of C neutral
---DU buys easements on prairie potholes, gives easement to FWS, keeps right to sell C & plan to use proceeds to fund restor in plains states. Considering rights to sell wq credits or endangered species miti (esp migratory bird hab)
---TIMO in the St Johns water mngt district (FL) gives up dev rights on ½ its land to create WL bank of 450+ credits. Credits in area are selling for $30k-$160K
---Alberta Canada considering starting oil sands biodiv offset requirements (sounds like 1:1 ratio for preservation or restoration)
---VA broken dam (w/lowered lake levels/prop values) could be new WL miti bank if restore
---BushTender in Australia gets $2.7mill more to add 6kha of restor on priv land (10kha already completed)

- WL Miti – Robertson & Hayden, 2008 (Cons Bio Vol 22, No 3) conduct complete survey of entrepreneurial bank transactions in Chi ACOE District from 94-02. Found temporal loss of WL (allowable in regs, wch release credits for sale in phases based 1st on site-protection & then ecolog perform measures). WL miti an average of 16 mi away from WL loss (allowable in regs). Meets no net loss goal. Discussed regulatory uncertainty – new local laws tht create > localized areas in wch WL miti must occur.
- Str Miti – “Natural Channel Design”, Rosgen’s method of str restor, has tete-a-tete in JAWRA betw authors asking for peer-review (/peer-rev citations) of meth and the creator of the meth (Rosgen 2008, JAWRA, Vol 44, No. 3; Simon et al 2008, JAWRA, Vol 44, No. 3)

- Incen – EDF working w/ state/fed funds to pay farmers in W lake Erie to impr wq & wildlife hab.

- Cons Finance – HUGE TNC/TPL deal to buy priv for industry land (Plum Creek) in MO adjacent to Nat Forests (lands go to Forest Service). $510 mill for 500 sq miles - $ is ½ from donations, ½ from tax credits. Allows some sust forestry/cert logging.

- Stacking – Plantinga et al. 2008 (forthcoming) Efficiency of Incentives to Jointly Increase Carbon Sequestration and Species Conservation on a Landscape. NSF-funded study says you can’t get both C & biodiv. You can maximize species when you restore rare hab; you max C when you restore forests.
- Stacking – Bekessy & Wintle argue in Cons Bio (vol 22, No 3) that current Kyoto C scheme should be changed to make C + biodiv > competitive to C-only. Implied/stated arguments: a C investor will want C + biodiv b/c of positive PR and investment risk-spreading, there is/will be a mkt for biodiv, regulated C mkt should be for > than C.

- Biofuels – Groom et al. 2008 (Cons Bio Vol 22, No 3) argue biofuels should be certified biodiv-friendly – should be sust & small footprint, maintain native/essential food crop habitats, be at least net C neutral.

- Tools – USGS to provide Landsat for free (1972-present)
- Tools – Kalacska et al. 2008 (Journal of Env Mngt, vol 88). Q: are land cover maps accurate enough to use as baseline forest cover (for CDM)? A: no – low accuracies (in Costa Rica, Mex) – nat level maps overest for cover by counting evergr veg, but underest deciduous forest in > local maps.
- Tools – Heinz Center completes 2008 update of measure/monitor project State of the Nation’s Ecosystems 2008, wch tracks/reports on 68 indicators. They hope feds will take over project. Stokstad, Science vol 320, p. 1575.
- Tools – re: cons prioritiz assessments: of published assess papers, 2/3rds never get imple (usu b/c researcher doesn’t plan on imple)- ouch. Article suggests: rewarding academics for “doing”, linking research to q’s of practitioners, etc. Knight et al. 2008, Conservation Biology vol 22, No. 3.

- PES – research on effectiveness of payments (that went to dev projects in communities) to stop illegal logging in a nat park in Indo had no effect on reduced deforest (paired study) - ouch. Linkie et al. 2008, Science, Vol 22, No 3.
- PES – Forest Trends/Katoomba/UNEP release primer on getting started in PES: ID’ing opp’s and buyers, considering instit/tech capacity & access, making & imple a PES agreement
- PES – USFS PNW research station pub synthesizes research work on ecosys svcs, summaries for how FS can integrate into mngt

- Misc – goats provide weed mngt service, bats (bat boxes) provide pest-reduction services in San Jose, CA. Pricey (~$700/acre goats, $145/box), *but* nonmkt val’s: fire fuel reduction, “wildlife viewing” val, edu.

- Nonmarket Val – Martin-Lopez et al 2008 (Cons Bio Vol 22, No 3) do meta-analysis of WTP for biodiversity val studies (single species only) and find factors that contribute to WTP: anthropomorphic (cuteness), anthropocentric (how useful they are – hunt, fish, wildlife view). Goldmine of 60 WTP values in table on p.628-629.
- Nonmarket Val – National Res Council study on forests and water conclude tht most important output of forests is water.
- Nonmarket Val – Gund Instit+USFS PNW research doing val (bene transfer) for multi (23) ecosys svcs in watershed near Seattle (p.5)

Tuesday, June 3, 2008

News Summary for 5/17-6/3

Projects
- Nonmarket Valuation – BBC World “Nature Inc.” – “a new series that reveals the true value of nature by putting a price tag on it.” 1st install – bee pollination & CA almond groves June 13th 19:30GMT.
- W Flow – new FS project looks at beavers/fens restor/reintro in Rocky Mtn region to incr w retention capacity as CC adaptation. Contact: Trey Schillie

News
- Farm Bill (USDA website)
---“Passes” (w/snafu) on 5/22 (veto overridden)
---5-yr, $307 bill - $4bill for conservation ($188mill for Ches Bay)
---Lang to help env svcs markets but no funding (“develop uniform standards for quantifying environmental services; establish credit registries; and offer credit audit and certification services”)
---New grants for buying community forests; cost share for emergency for restor; state forest assess & plans; forest “CIG”-type grant program; wood-to-NRG program
---Some, but not much reform of subsidies (see Economist slam)
---Ecosystem Marketplace summary
---Summary of forestry-related items by Northern Forest Alliance Exec Dir George Gay
---Summary of Conservation Title from American Farmland Trust

- All things Mitigation - Ecosystem Marketplace’s Mitigation Mail (5/30)
---FL bill to regulate sea grass loss/damages fine facing veto as last-min amend to allow mitigation banking angers enviros. Crit: miti = net loss
---a NJ conserve trust is putting land up for bid to dev/sell WL miti (but not own the land). Bids start at $15k. Could bring the org $3.8mill.
---TX County has HCP for review that sets up cons miti bank (birds, karst invertebrates) for roads, schools, utilities, pub or priv dev, etc. in Co.
---Charlotte County plans to buy scrub jay (TES) habitat crit: $$, would be preserved by landowner anyway (additionality), pub access concerns
---Another Co gets crit re: additionality of cons miti plan on pub land bought for conservation. Sounds like idea to create bank spurred by dev D/ lack of miti S
---Another gov gets crit re: additionality/net loss – ME DOT + partners planned to restore WL for restoration’s sake, then decided to turn it into a WL miti bank for their uses.
---Miti industry consolidation – Wildlands Inc. buys Acer Environmental (GA/NC)
---Australia’s BioBanking has RFP for landowners to dev/sell biodiv credits, sign biobanking agree

- Cons banking/ Regulatory drivers – US House Nat Res Comm/GAO investigation finds USFWS could have “trumped science with politics” on 8 ESA [de]listing decisions (of ~200 investigated). Looks like FWS jumped the gun in delisting. Pol interference could create unnaturally weak demand-driver for cons banking. House Nat Res Comm site, GAO report (70p), News article summarizing GAO official’s testimony to the House Nat Res Committee

- WQT – Ecosystem Marketplace article on Vol W Mkts reviews basics of D drivers (even if “vol”, gotta have reg driver)/players (regulated PT source, unreg ag sector) in WQT; ag prefers to stay under the radar of regulation/gov (eg – verifiers on farms); WQT price must entice - no D if ag prices high; state policies can work against D (ex – MD “flush tax” paying for PT source poll reduction).

- C – PG&E RFP asks for up to 1mill tons GHG emiss reduction via CA CCAR-verified projects to use customers’ vol offset $s. Deadline 7/2.
- C tax – SF Bay air qual mngt auth 1st in US to charge businesses fees to emit GHG. Will raise $1.1mill from 2500 businesses (ex fees: ~$1/yr for service station -> $50k+/yr for oil refinery). [Q: and do what with it?]
- REDD – New Forests continues S Asia roll (orangutan miti in Malaysia, selling biodiv credits to palm oil manu in Borneo) w/ REDD arrange w/ Indonesia regional gov for up to 1mill hectares forest.
- REDD in the USA – NPR story on N CA forest mngd by Pac For Trust –old trees capture/store > C > quickly than younger trees; variable standards of vol C offsets; CCAR

- Nonmarket valuation –U MD Center for Agroecology study on multi ecosys svcs, incl: maximizing forest mngt for C seq & timber, recre values ($96/day trip, $400/overnight trip), existence value of forests ($200-$375/person/yr). Press release, News story
- Nonmarket val – EU/Germany report: world env damage and species loss from forests costs $2.1-$4.8 trill/yr (NPV). Other world-scale val studies in draft stage: gen biodiv loss, coral reefs, Meditterr coastal WL, env bene of flood/erosion risk mngt, cost of species/hab plans.
- Nonmarket val – Tufts U/NRDC research – cost of not addressing CC (esp from hurri damages, real est loss, incr NRG costs, w costs) in US is $3.8trill/yr by 2100.
- Nonmarket val – CA Forest Assoc’s summer mag is all about link betw forest -> clean water/ consistent flow, W & CC, etc.

- Certif – FSC Fam Forest Cert mtg ID’d ways 2 reduce costs assoc w/ cert, incr landowner bene, impr communic. Mtg report soon.

- Tools – NWI maps now on Google Earth
- Tools – Forestry GIS freeware

-Misc – OSU article on forest mkt drivers - TIMOs and REITs don’t care about maximizing ecosys svcs, sustaining local econ, etc. Land goes to highest val (golf course, timber, whatever). Rise of TIMOs/REITS b/c of tax law (disadvan for timber co’s to own land).

Friday, May 16, 2008

News Summary for 5/3-5/16

Meetings / Seminars
- 5/7-9 - 11th Annual National Mitigation & Ecosystem Banking Conference – day summaries for May 9th, May 8th, and May 7th

Projects
- Mapping – National Geographic/NatureServe’s LandScope, to be launched 2008, brings maps/data/photos/info about conserved/priority cons/planning areas, trends, etc. for US/states together to inform/target efforts on the part of land trusts/st & local gov/private landowners/etc.
- Mapping – Trust for Public Land launches Conservation Almanac--lists data (1998-2005) about conserved areas in each st, acres acquired, $s spent, LandVote ballot measures, profile of state policy/conserv programs. Helpful for st/regional cons stats.

- Markets – AgTrader, a Craig’s List for MD farmers launched

News

- CC – US FWS lists Polar Bear as threatened due to loss of habitat (sea ice), says won’t use listing to force regulatory action

- All things C – Ecosystem Marketplace’s V-Carbon Mail (5/2/08)
---CCAR launches Climate Action Reserve that provides standardized protocols for C projects, info on projects, and tracks credits.
---Bush - proposal of zero emissions growth by 2025
---Canada and Greece out of compliance w/Kyoto can’t trade in EU C market until they get their act together
---Sir Nicholas Stern (of Stern report fame in ’07) says he goofed and to minimize dangerous risks of CC, need to reduce emiss by 50% for world and 90% for US

- C - Ecosys M’place releases 2007 State of the Voluntary C Market. Interesting stats:
---65 mill tonnes of C credit transactions in vol mkt [42mill from OTC mkt, 23 from CCX transactions]
---ave pr of credit went from $4.10->$6.10/tonne from 06 to 07
---OTC mkt tripled to 42 mill tonnes C credit transactions (val of $258mill in 07)
---dominant projects in OTC: NRG efficiency, renew NRG, methane, forestry/land projects

- WQT – summary of MD’s newish (4/18/2008) PT-PT trading policy

- Leadership – TNC appoints Goldman Sachs’ green guru Mark Tercek as new president/CEO

- PES - Special Issue on PES in Developing and Developed Countries – May 2008 Ecological Economics, 65.4. Sven Wunder, Stefanie Engel and Stefano Pagiola (ed).

- Nonmarket val – UFORE analysis of Houston’s regional forests: store $721mill worth of C, gen $456mill of env bene/yr, save $131mill in res NRG costs.
- Nonmarket val – WSJ Natural Cap blog discusses bene-cost analysis for env policy; crux of debate – whether economists value future generations’ benefits enough (via disc rates)