There are several ways of fighting climate change
The threat of climate change can be mitigated by reducing emissions of greenhouse gasses from existing sources, switching to renewable energy or sequestering CO2 in carbon sinks, for example through afforestation projects.
Afforestation provides a highly efficient way of fighting green-house gases
Forests help the global environment by binding large amounts of carbon dioxide, slowing the process of global warming. The faster the forest grows, the more CO2 is absorbed from the atmosphere into the forest. About half of any tree is carbon, created from CO2, the main greenhouse gas and water (H2O) through the photo-synthesis.
Forests help the local climate by reducing the temperature fluctuations between day and night. Forests prevent flood and soil erosion. Heavy rainfall is being stopped in the crowns of the trees and the root network binds the soil. Forests create a more hospitable environment for plants, people and animals.
The UNFCCC approved a carbon offset methodology for afforestation by UNFCCC in December 2006. Afforestation gives temporary CERs (tCERs) that are valued for 30 years or 3x20 years.
Attractive social and developmental profile of forestry
Among the possible carbon offset projects (or CDM activities) forestry stands out as the projects that provides major benefits for the rural areas and for the poorest people. Forestry is a labour intensive activity and properly managed, most of the investments go to pay for labour. It is also the only major carbon offset methodology that can provide significant benefits for Africa. We believe this is the reason for the strong backing for forestry by the World Bank.