Investing in Carbon Capture and Storage Nature's Way16/06/2009 |
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| Boosting investments in the conservation, rehabilitation and management of the Earth's forests, peatlands, soils and other key ecosystems could deliver significant cuts in greenhouse gas emissions and avoid even more being released to the atmosphere, a new report by the UN Environment Programme (UNEP) says. |
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UNEP's Rapid Assessment report 'The Natural Fix? The Role of Ecosystems in Climate Mitigation' is released to mark World Environment Day 2009, whose global hosts this year are the Government and people of Mexico.
The report comes just under six months before the crucial UN climate convention meeting in Copenhagen, Denmark, where governments need to Seal the Deal on a new, forward-looking treaty.
Key Messages from the Report
According to the report, recent estimates indicate that human activities are currently responsible for global carbon emissions of around 10Gt. The research indicates that there may be scope for tackling 15 per cent of these-perhaps even more - through managing land use changes and carbon in ecosystems.
Forests - the largest sink Tropical forests hold the largest terrestrial carbon store with an annual global uptake of around 1.3 Gt of carbon, or about 15 per cent of the total carbon emissions resulting from human activities.
Global tropical deforestation rates are currently estimated to be as high as 14.8 million hectares per year (about the size of Bangladesh), while deforestation is responsible for nearly one-fifth of the global greenhouse gas emissions - more than the entire transport sector. Clearing of tropical forests may release an additional 87 to 130 Gt by 2100, corresponding to the carbon release of more than a decade of global fossil fuel combustion at current rates. Reducing deforestation rates by 50 per cent by 2050 and then maintaining them at this level until 2100 would avoid the direct release of up to 50Gt of carbon this century. Conventional logging techniques damage or kill a substantial part of the remaining vegetation during harvesting, resulting in large carbon losses. Improved logging techniques can further reduce carbon losses by around 30 per cent compared to conventional logging techniques.
Forests around the world act as powerful carbon sinks: those in Central and South America are estimated to take up taking up around 0.6 Gt C, African forests somewhat over 0.4 Gt, and Asian forests around 0.25 Gt. The potential to enhance carbon capture and storage in boreal forests - which stretch across Canada, Russia, Alaska and Scandinavia - is low. But they are the second largest stock of carbon, which could be lost to the atmosphere via increased numbers of fires, draining of peatlands, logging and mining. Temperate forests in Europe and North America have been expanding over recent years-in Europe they are estimated to be capturing and storing between seven and 12 per cent of Europe's emissions. Further reforestation and management could enhance this further.
Agriculture - climate neutral by 2030 The agricultural sector has the largest readily achievable gains in carbon storage if best management practices - such as avoiding turning over the soil and using natural nutrients like compost and manure - were widely adopted.
Peatlands -chock-full of carbon Although peatlands cover only a tiny percentage of the Earth's surface they are, metre for metre, the most effective carbon stores of all ecosystems.
Re-wetting of peatlands and replanting of forests in areas that have been deforested can significantly reduce future emissions of greenhouse gases.
Oceans The oceans are believed to have absorbed around 30 per cent of the historic carbon emissions, making them the second largest sink after the atmosphere itself.
The cost of ecosystem carbon management The cost of ecosystem carbon management can be very low compared to other 'clean energy' options.
The economic mitigation potential of forestry would double if carbon prices increased from USD20 per tonne of carbon dioxide equivalent to USD100 per tonne. If carbon emissions were valued at USD100 of CO2 equivalent, in 2030 the agricultural sector would be second only to building as potentially the most important sector for achieving carbon cuts. At this level of carbon pricing, forestry and agriculture combined would be more important than any other single sector, and would retain high importance at even lower carbon prices. At the moment, however, the international climate regime only partly addresses emissions from land-use change, such as deforestation, and does not provide incentives for reducing carbon emissions from forests and other ecosystems, let alone for conserving them as carbon sinks. It is expected that governments negotiating the new climate agreement in Copenhagen in December this year will take the first step in this direction by starting to pay developing countries for reducing emissions from deforestation and forest degradation. The report argues that a more comprehensive system of payments for ecosystem services needs to be considered.
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