Lloyd Westcord

Lloyd-Westcord Developing Carbon Market Confidence

Some countries with rich forest implement programs to improve forest management and to help fight climate change by reducing carbon emissions from deforestation.

 

Toronto, ON -- (SBWIRE) -- 03/02/2012 -- It is important to provide more accurate data for creating confidence in developing carbon markets and Lloyd-Westcord agrees with that. The data that has been published this week has yielded a confidence to carbon markets.

Trees store carbon dioxide but forest deforestation releases as much as 1.1 billion tons of carbon into the atmosphere each year. Some countries with rich forest implement programs to improve forest management and to help fight climate change by reducing carbon emissions from deforestation.

Guyana, a state in northern South America, took those efforts a step further by pioneering a national program to conserve its forests in 2009. It created an economically rational baseline to measure the value of a standing forest. An accurate measurement of what’s actually being sold is the key to market confidence. This idea, of ecosystem services such as carbon dioxide stored in trees has a value to the world, as well as to the market, will likely become more reasonable as the market recognizes the expense of humans trying to recreate these services.

New data on emission reductions is important are essential for countries trying to meet their greenhouse gases reporting requirements under the United Nations Framework Convention on Climate Change.

Lloyd Westcord has become one of the largest Canadian based investment managers focusing on the growing environmental commodities markets. Our mission is to generate attractive returns by investing in environmental markets such as those that accelerate the reduction of greenhouse gases and air pollution or increase renewable energy generation.

We have many areas of expertise but our main focus is to trade in the electricity and carbon emission units in both the compliance and voluntary markets. Comprised of a team of global leading experts working in areas as diverse as education, information technology, climate research, business development, carbon markets, carbon offsets, carbon credit project origination, clean and renewable energy and greenhouse gas (“GHG”) emission reduction, we will help you audit your current emissions, reduce your carbon footprint and at the same time reduce costs and improve your profitability.