News
On the right track to generating carbon credits
The 43 new sites identified by the Ministry of Environment and United States Agency for International Development (USAID) Greening Prey Lang for the supply of carbon credits will bring positive environmental, community and biodiversity impacts to Cambodia besides having no deforestation and degradation of protected ...
Son Minea
https://www.khmertimeskh.com/50920930/on-the-right-track-to-generating-carbon-credits/
Gov’t yields $11 million from carbon credit sales
More than $11 million in carbon credits from Cambodian forests have been sold since 2016, the Ministry of Environment announced at its annual year-end conference. The carbon credits were exchanged under the Reducing Emissions from Deforestation and Degradation (Redd+) framework, which allows forested developing countries to ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/govt-yields-11-million-carbon-credit-sales
Carbon credits on table with Germany
Cambodia has asked Germany to buy some of the Kingdom’s carbon credits earned from preserving its natural resources. Interior Minister Sar Kheng made the request during a visit to Germany which concluded yesterday, a ministry statement noted. It said Cambodia requested Germany to study the possibility, ...
Khy Sovuthy
https://www.khmertimeskh.com/50646972/carbon-credits-on-table-with-germany/
Disney buys up carbon credits in Mondulkiri
The Walt Disney Company has purchased $2.6 million in carbon credits in the forests of Mondulkuri province – marking the largest carbon credit sale to date in Cambodia and breathing life into a carbon-trading program many had written off as all but dead. ...
Phak Seangly and Kali Kotoski
http://www.phnompenhpost.com/national/disney-buys-carbon-credits-mondulkiri
Satellite Shots to Help Settle Deforestation Claims
New satellite images of Oddar Meanchey province promise to help settle wildly conflicting deforestation estimates inside a 64,000-hectare area, which is set to anchor the country’s first forest-based carbon trading scheme. With the project potentially ready to sell carbon credits to foreign firms in a matter ...
USAID Report Offers New Way to Protect Prey Long Forest
The government should abandon its current management of Prey Long forest and shift to a plan that conserves the forst while also optimizing its economic uses, such as agriculture, carbon credits and controlled timber exploitation, according to a recent report by the US Agency for ...