With the aim of promoting business development in the carbon market, the Dutch Cooperation Service (SNV) will develop the "Investment Opportunities in the Carbon Market" conference, in which "entrepreneurs and investors, members of the banking sector, the public sector, consulting firms and international collaborators will participate."
According to Elheraldo.hn, Willem Bron, SNV adviser, said: "What we want to achieve is to share experiences and boost the sector to show private enterprise opportunities for participating in the carbon market."
The funds donated by the E.U. will be used for the implementation of the Forestry Sector Modernization Project of Honduras (MOSEF).
An article in the Latribuna.hn explains: "The resources provided by the E.U. will fund social programs for production and conservation of forest areas using organizational management processes and natural resource management."
The $ 400.000 raised will go to manage forests in an 11 hectare area in Petén.
U.S. Company Global Carbon Group agreed to buy carbon credits from the mayors of San Jose and San Francisco in the first operation of its kind in Guatemala, and thus offsetting 1.2 million tons of greenhouse gases for 20 years.
Co-organized by the National Authority on the Environment, the event will be held in the El Panama Hotel from the 24th to the 26th.
The general objective of the Latin-American Forum on Carbon (FLAC) is to bring together all the actors of the carbon market: project owners and developers; the National Offices for the Clean Development Mechanism (CDM), Investment Promotion Agencies; Appointed National Authorities (DNAs); intermediary businesses; and corporate service providers. The purposes of the event include sharing experiences regarding the comprehensive processes for CDM projects, understanding the business mechanisms of emissions and the future of the CDM, analyzing national and international politics regarding mitigation and adaptation to climatic change, and facilitating negotiations regarding emissions.
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