Forest carbon offsets on the agenda as France’s One Planet Summit confronts biodiversity loss
One outcome observers are hoping for today is “some significant announcement” on public financing for nature-related climate action focused primarily on forests, said Eron Bloomgarden, executive director of New York based forest finance accelerator Emergent. Already, he told The Energy Mix in a weekend interview, Norway has announced a floor carbon price of US$10 per tonne, essentially promising to act as buyer of last resort for any offsets for reforestation activities if private bids come in below the minimum.
