ARLINGTON, Va. (September 25, 2015) – Winrock International applauds President Xi Jinping on China’s commitment to reduce greenhouse gas emissions through market-driven mechanisms and financing to support poorer countries. Winrock has a long history of creating integrated solutions to the world’s most pressing environmental, agricultural and economic problems, and a unique history of collaborative efforts across China and Asia. These developments not only validate Winrock’s vision but add urgency to its integrated, solutions-based approaches toward increasing prosperity in a sustainable world.
“China’s commitment to a comprehensive cap-and-trade system is an extraordinary moment in the fight to reduce global carbon emissions, and helps further develop the market for carbon trading and reduction everywhere,” said Winrock President and CEO Rodney Ferguson. “Equally significant is China’s $3.1 billion commitment to help provide financing to poor countries in their efforts to prepare for climate change.”
Ferguson continued, “Winrock’s scientists have long recognized that the climate has been changing and would have the greatest impact on the world’s most vulnerable populations. We applaud China’s leadership on both market mechanisms and helping the poor.”
Winrock’s decades-long history of innovative environmental stewardship in Asia and China have resulted in collaborations with the Chinese government on agricultural and environmental issues. These efforts have included the training of more than 500 agricultural and environmental professionals and the funding of research and other initiatives.
Winrock and the American Carbon Registry (ACR) have worked with partners in China to develop and test the Panda Standard and other methodologies for reducing emissions from land use, forestry and agriculture.
“Well designed markets and strong science are the most effective ways to achieve positive outcomes most quickly and at the lowest cost,” said ACR Director John Kadyszewski.
ACR, a nonprofit enterprise of Winrock International, was the world’s first private greenhouse gas registry and has contributed to the transition from voluntary to mandatory markets in California while advising efforts in Korea, Indonesia, Mexico, Brazil and Canada. “China’s announcement diminishes others’ excuses for inaction. Hope for positive action is greater than ever,” Kadyszewski added.
Winrock International is a nonprofit organization that works with people in the United States and around the world to empower the disadvantaged, increase economic opportunity, and sustain natural resources. The organization manages more than 200 development projects in 50 countries across the globe. Winrock is headquartered in Little Rock, Ark., and has an office in Arlington, Va., with project offices worldwide.