By Chris Lang In August 2020, the Green Climate Fund approved US$103.8 million of supposedly “results-based” funding for the period 2014 to 2016. The Green Climate Fund’s board approved the funding despite the horrific fires in Indonesia’s peatlands in 2015. To make matters worse, Indonesia is planning a series of infrastructure projects and a “Job…
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Finnish carbon offsetting firm Compensate finds 91% of carbon offset projects fail its evaluation process. Of course the remaining 9% will also not help address the climate crisis
Compensate’s evaluation process found that 91% of carbon offset projects fail.
Kevin Conrad signs REDD deal with Papua New Guinea
Kevin Conrad was back in Papua New Guinea earlier this month to sign an MoU about selling carbon credits from PNG’s forests.
The World Bank Forest Carbon Partnership Facility’s latest hot air scam: Retroactive credits
The World Bank’s FCPF recently changed its rules to allow governments to sell REDD credits from before emission reductions programmes even started.
Greenpeace and the Wildlife Trusts raise concerns about Mark Carney’s carbon offsets plan: “A giant get-out-of-jail-free card for polluting companies”
A letter from Greenpeace UK and the Wildlife Trusts is critical of Mark Carney’s carbon offsetting plans. But not critical enough.