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Carbon capture’ is future option for Solomon Islands forestry sectorBY PRIESTLEY HABRU In Nadi, Fiji
Carbon trading is a future option and opportunity for the forestry sector in Solomon Islands, said the Commissioner of Forests, Reeves Moveni.
Mr Moveni and Undersecretary of Agriculture and Livestock, John Harunari are currently attending the four days regional meeting of Heads of Agriculture and Forestry sector meeting organized by Lands Resources Division (LRD) of the Secretariat of the Pacific Community (SPC).
Mr Moveni said carbon capture will expand the life cycle of logging plantation, reduce damage and enrich plant degraded natural forests.
Carbon trading is a form of emission that specifically targets carbon dioxide (calculated in tonnes of carbon dioxide equivalent or tCO2e) and it currently constitutes the bulk of emissions trading.
This form of permit trading is a common method countries utilize to meet their obligations specified by the Kyoto Protocol, namely the reduction of carbon emissions in an attempt to reduce future climate change.
This concept is related to what is now known as Reducing Emissions from Deforestation and Forest Degradation (REDD).
Mr Moveni said REDD is yet to be implemented in Solomon Islands but forestry officials have been introduced to the concept.
He also stated that natural forest exploitation to optimize revenue capture is also another future option for Solomon Islands.
“Making sure revenue is captured by obtaining ‘fair’ marketing log prices for Solomon Islands Government (SIG) and resources owners and on increased surveillance of shipping.”
Rural livelihood initiatives to complement SIG programmes like the National Plantation Program and Down-stream processing was also another future option Mr Moveni shared at the regional meeting.
SOURCE: ISLAND SUN/PACNEWS
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