News

UNEP’s Carbon Finance Initiative Proceeds

Carbon Finance for Agriculture, Silviculture, Conservation and Action against Deforestation (CASCADe),

27 February 2009: Carbon Finance for Agriculture, Silviculture, Conservation and Action against Deforestation (CASCADe), which is coordinated by the UN Environment Programme (UNEP) and the UNEP Risø Centre in partnership with the French Agricultural Research Centre for International Development and the French National Forestry Office, recently selected four projects to move forward, pending formal approval of their Project Idea Notes.

The initiative, which began in December 2007, seeks to enhance expertise in generating carbon credits, primarily in land use, land use change and forestry (LULUCF) and bioenergy, and focuses on the following countries: Benin, Cameroon, the Democratic Republic of the Congo, Gabon, Madagascar, Mali and Senegal. [CASCADe Website]