Published by Todd Bush on October 9, 2023
Dublin, Oct. 06, 2023 (GLOBE NEWSWIRE) -- In a ground-breaking move, Dubai-based Blue Carbon has entered into a $1.5 billion agreement with Zimbabwe, focusing on creating carbon credits from projects spanning nearly one-fifth of the country's total land. This monumental deal, alongside the increasing popularity of forest-based carbon credits, is precisely the focus of the latest market report, “Forest Carbon Markets: How Demand for Forest Carbon Credits is Shaping Wood Markets.” added to the ResearchandMarkets.com offering.
Forests play a pivotal role in mitigating the global climate crisis. Recognising this, about 25% of worldwide carbon dioxide emissions are now subject to pricing mechanisms, with forestry emerging as a preferred source of carbon credits. The comprehensive study delves deeply into this growing significance of forests in the climate change battle, the escalation in carbon pricing tactics, and the expanding market for forest carbon.
As highlighted in the report, forests have a dual advantage in addressing climate change. They act as carbon sinks, absorbing more carbon than they emit, and play a crucial role in offsetting carbon footprints. For regions such as the US, EU, and New Zealand, the report brings forth intriguing case studies, shedding light on how these areas are capitalising on their woodlands for a better climate future.
Key questions answered by the research include:
The report is indispensable for a diverse range of stakeholders, from North American, European, and Oceanian forest owners to timberland investors, wood buyers, carbon credit traders, and more. It is equally beneficial for forest carbon project developers, government bodies, NGOs, industry consultants, and suppliers to the forestry sector.
Blue Carbon's deal with Zimbabwe – their fourth major venture in Africa this year – signifies the increasing global emphasis on nature-based carbon offset strategies. These alliances, coupled with the rising need for wood resources, are transforming how we perceive and utilise forests.
Stay ahead of the curve, understand the dynamics of forest carbon markets, and make informed decisions by diving into our exhaustive report. As forests play a more central role in our planet's health, being equipped with the right knowledge can shape the future of industries, economies, and global climate action.
For more information about this report visit https://www.researchandmarkets.com/r/5i7msb
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔧 America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions 🤖 Bringing AI to Carbon Capture: How Imperial College is Revolutionising Plant Operat...
Inside This Issue 💰 Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion 🚢 AiPs Obtained for Liquefied CO₂ Carrier Design and Floating Liquefied Storage Facility 🌱 Stoc...
Inside This Issue 🌍 Innovating the Future: Gautam Swami's Global Journey in Low-carbon Energy and Finance 🌊 Captura Announces Sale of Carbon Removal Credits and Strategic Partnership With Mitsui O...
EFM and Meta Collaborate to Advance Climate-Smart Forestry in Washington State
PORTLAND, Ore.--Yesterday, EFM, a forest investment and management firm, and Meta announced that they have finalized a groundbreaking long-term contract for the delivery of 676,000 nature-based car...
Carbon Direct Releases Criteria for High-Quality Marine CDR in Collaboration with Microsoft
New standards aim to support buyers and developers in advancing scientifically rigorous, scalable mCDR solutions Key Takeaways: New standards for marine carbon dioxide removal (mCDR) – Carbon ...
dynaCERT Applauds the Expansion of the Ontario Hydrogen Innovation Fund
TORONTO – dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company”) applauds the recently announced changes of March 31, 2025, proposed for the Ontario Government Hydrogen Inno...
$28 million project financing, inclusive of the completed sale of the Investment Tax Credit associated with the project, returns cash back to Energy Vault's balance sheet for the first resiliency c...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.