The Brazilian government updated its National Climate
Change plan introducing a new deforestation target,
which improves on the previous one -to reduce rainforest
destruction 70 per cent by 2017, compared to the average
from 1996-2005. The new target requires deforestation to
be cut by 80 percent by 2020, bringing annual
deforestation down to around 4,000 square km by 2020,
compared to 12,900 square km in 2007-2008. In presenting
the new target, Brazil’s environment ministry, Suzanne
Kahn added that more updates to the National Climate
Change plan are going to be presented later this year.

 Emission Trading Monitor

• This news is extracted from the Emission Trading Monitor : a CMCC weekly column that summarises the latest news on international climate change agreements, the updates on the carbon market and the energy and technology updates in the realm of climate change. Go to the web page and see all previous issues since March 2007.
• This week: Member States approve carbon leakage data, France and Germany to call for border CO2 tax, US administration announces new vehicles standards, India to set indicative emission reduction targets, OECD slaps government on climate commitment, Brazil sets new deforestation target, and, as usual the situation of the Carbon Market – Download the 14-18 September, 2009 Newsletter [pdf – 156 Kb]

Read more on deforestation and climate change

• The CMCC research paper RP0066 : Linking Reduced Deforestation and a Global Carbon Market: Impacts on Costs, Financial Flows, and Technological Innovation by Valentina Bosetti, Ruben Lubowski, Alexander Golub and Anil Markandya.
• The FEEM policy Brief : Reducing Emissions from Deforestation and Forest Degradation (REDD): Which Role for REDD in Future Climate Regimes? [pdf – 154kb]