Part 4 - Carbon Finance / Urban Forests
The 3R-C concept is explained by the different methods of reducing, removing or retaining carbon in the environment and atmosphere.
From wikepedia: Carbon finance is a branch of environmental finance that covers financial tools such as carbon emission trading to reduce the impact of greenhouse gases (GHG) on the environment by giving carbon emissions a price.
Financial risks and opportunities impact corporate balance sheets, and market-based instruments are capable of transferring environmental risk and achieving environmental objectives. Issues regarding climate change and GHG emissions must be addressed as part of strategic management decision-making.
The general term is applied to investments in GHG emission reduction projects and the creation (origination) of financial instruments that are tradeable on the carbon market. It has been forecast that urban areas across the world will have expanded by more than 2.5 billion people by 2050.
The scale and speed of urbanisation has created significant environmental and health problems for urban dwellers. These problems are often made worse by a lack of contact with the natural world.
According to Alan Simson, Professor of Landscape Architecture and Urban Forestry, Leeds Beckett University, it is only through re-establishing contact with the natural world, particularly trees, that cities will be able to function, be viable and able to support their populations.
The creation of urban forests will make cities worth living in, able to function and support their populations.