Financial Daily from THE HINDU group of publications
Thursday, Aug 12, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Environment
Agri-Biz & Commodities - Coconut & Copra


`Coconut as carbon sink' campaign gaining wider acceptance

Vinson Kurian

Thiruvananthapuram , Aug. 11

THE Asia-Pacific Coconut Community (APCC) has extended its support for a proposal seeking to get coconut declared eligible as `carbon sink' during the second commitment period of the Clean Development Mechanism (CDM) under the Kyoto Protocol.

According to Dr P. Rethinam, Executive Director, APCC, this decision was taken at a meeting of the Permanent Panel on Coconut Technology (Cocotech) held at Vanuatu recently.

The APCC has resolved to invite member country delegates (India being one) to draw the attention of their respective governments to the importance of the issue for the coconut industry.

They should in turn also suggest to the governments that country delegates to the next Conference of Parties (CoP) be allowed to argue their position as to why coconut needs to be treated on a par with other forestry plantations for being declared as eligible carbon sink. APCC will provide these delegates with supporting document.

It was also suggested that the coconut community should join efforts of counterparts representing other perennial crops and nursing similar ambitions in order that they collectively make themselves heard at the CoP.

Plants and trees "breathe in" and store carbon dioxide from the atmosphere as they grow. A single tree can absorb many tonnes of carbon dioxide in the course of its life, and a growing, healthy forest can absorb thousands of tonnes of carbon dioxide.

Farmers can also manage agricultural soils to store some of the carbon dioxide that plants absorb from atmosphere during the growing season as organic carbon, which does not return to the atmosphere. Forests and agricultural soils that absorb and store carbon dioxide are known as `carbon sinks' under the Kyoto Protocol.

Enhancing carbon sinks helps contribute to the mitigation of climate change by removing carbon dioxide from the atmosphere and offsetting a part of emissions of carbon dioxide to the atmosphere. The Kyoto Protocol allows countries that are burdened with emission reduction commitments to practice carbon sequestration by terrestrial sinks.

More Stories on : Environment | Coconut & Copra | Kerala

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Dumping duty on SBR to continue


Welfare cuts - a testing time for Germany's Schroeder
Pawar rules out duty cut in sugar, edible oil
`Inflation reference point is important'
Evolve policies to capture $600-b commodity market, says Mukesh
Tinkering with customs duty will not help curb inflation
`Coconut as carbon sink' campaign gaining wider acceptance
ITC environment programme aims for global standards
Chidambaram meets Customs, Central excise settlement commission members
Indian trade fair in Lanka from Oct 13
GlobeMed, Happy group join hands to train nurses for US
MoU on telemedicine in Kerala
Rheumatic Heart Club meet
Differential pricing for natural gas on cards — Power, fertiliser sectors to enjoy lower rates
Meet today to discuss oil PSU cross-holdings
PM's help sought for Kochi LNG terminal
OVL transfers stake to Sudapet
Ocimum Pharmatracker
FIs told to `fine-tune' services to make power projects viable
Steel makers tie up coking coal supplies till 2005
Steel import duty may be cut to ensure supplies
Revamped NTC revival package on cards
SIEMA urges PM's intervention to check rising input prices
Bomb-hoax
TRAI moots revenue sharing for FM radio
Kerala govt monitors collateral-free education loan
Apollo-Gleneagles to set up 2 more hospitals in India
Apollo Hospitals, Yemeni co pact
High-rise job
Biotech league racing towards $1-b mark
Business incubation meet to encourage innovation
TELK disinvestment: Kerala Minister holds talks with Left leader
IOB keen to finance self-help groups
Village bazaars in Pudukottai
Recruitment agencies form association in Hyderabad
`Spiritual, emotional quotient key to biz leadership'
In Hyderabad today
As trade awaits cut in tariff rate — Palm oil imports reduced to a trickle
TTDC ties up with Apollo Hospitals



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line