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Vol. 1, No. 1: January 19, 2005

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Welcome! This is the first issue of the Ecosystem Marketplace’s newsletter. As we wrote in the introductory editorial to our web site: "The use of markets and market-like mechanisms to conserve and pay for ecosystem services is no longer a small movement; it is a large and growing global trend." And with the advent of the multi-million dollar Emissions Trading System in the European Union, it is a trend that is rapidly entering the mainstream. In order for markets to work, they require information that is trustworthy, comprehensive, transparent, and continuously updated. That is why we created the Ecosystem Marketplace; to serve as a sort of "Bloomberg" to these new and emerging environmental markets. And that is why we are delivering our product in different formats: as a web site and as of today, as a bi-weekly newsletter. The newsletter, in addition to links to some of our best articles, will provide the latest news, opinion, and information. In the future, we may be able to customize the newsletter to cover the sort of information you are most interested in; but for now we hope you will enjoy or selection and we encourage you to visit us at our website.
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The federal cabinet is considering a proposal that would dramatically ease requirements for large industrial polluters to cut greenhouse gas emissions under Canada's climate change plan...
The European Commission (EC), the executive arm of the European Union (EU), decided here Tuesday to take legal action against Italy for breaching EU environmental legislation...
An EBRD-managed Dutch fund said on Monday it would buy greenhouse gas credits generated by a 5.0 million euro ($6.5 million) Bulgarian project just weeks before global trade in emissions begins on February 16...
Canadian officials, who are considering regulations to reduce carbon dioxide exhaust from cars and trucks, are spending a few days this week getting a firsthand look at their primary inspiration: California.
World Bank expresses interest to purchase Carbon Sequestration from Precious Woods project in Nicaragua.
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By Mark Nicholls
With little to decide at its tenth Conference of the Parties (COP 10), much attention - and anxiety - at the UN climate change meeting in Buenos Aires was focused on what happens when the first Kyoto Protocol 'commitment period' comes to an end in 2012. Issues of credit trading and the Clean Development Mechanism also came up. The Ecosystem Marketplace takes a closer look.
By Robert Bonnie, Environmental Defense
As the needs of developers and landowners come into conflict with the needs of endangered species, the US has begun experimenting with a process known as conservation banking. In a guest feature, The Ecosystem Marketplace asked Robert Bonnie, of the Environmental Defense Center for Conservation Incentives, to look at the process and describe one case study involving gopher tortoises in Alabama.
By Ricardo Bayon
For four years California has been quietly developing a set of greenhouse gas emission accounting standards and a climate registry. Now it has come up with ideas on how to measure and account for the climate impact of forests. This work could one day have repercussions on carbon trading across the US and the world. The Ecosystem Marketplace takes a closer look.
By Ricardo Bayon
In late 2002 and mid 2003 The Nature Conservancy issued a series of bonds on the financial markets worth US$ 325 million. They were the first of their kind and could herald a new era in the use of innovative finance by conservation organizations. The Ecosystem Marketplace looks at these unique deals.
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PROFILES
From the Rivers of Colombia to the Highlands of Ecuador, Marta Echavarria is becoming a leading player in the creation of systems that pay for watershed conservation services in Latin America.
OPINION
by David Brand
With their coffers growing and time running out, will global pension funds get involved in the growing markets for ecosystem services and help save the world? David Brand argues that this will happen only if we make such involvement profitable and only if we work on the legal, institutional and commercial underpinnings of these markets.
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