Costa Rica was the first country in the world to negotiate a deal with the World Bank’s Forest Carbon Partnership Facility to sell REDD credits. In September 2013, the government signed a letter of intent with FCPF to negotiate an Emission Reductions Payment Agreement, worth up to US$63 million.
Author: Chris Lang
Response from Siti Nurbaya, Indonesia’s Minister of Environment and Forestry: The Norwegian Government has apologised for its environment minister’s statement about “slow progress” on deforestation
Two days ago, REDD-Monitor wrote a post about a trip to Indonesia by Norway’s climate and environment minister, Vidar Helgesen. The trip took place in early February 2016, and Pilita Clark, a Financial Times journalist, accompanied Helgesen on his trip. In her article, Clark quoted Helgesen as saying, “We would obviously have hoped things would…
Norway admits that “We haven’t seen actual progress in reducing deforestation” in Indonesia
Six years ago, Norway and Indonesia signed a US$1 billion REDD deal. This week the Financial Times published an article about how the attempts to preserve Indonesia’s forests are going. The only good news is that in more than 3,800 words, Pilita Clark, the FT journalist, doesn’t mention REDD once.
Democratic Republic of Congo threatens to open forests to industrial logging
The Democratic Republic of Congo has the second largest area of rainforest in the world. Since 2002, a moratorium on new logging licences has been in place. The government is now threatening to re-open its forests to new logging concessions.
Stop the construction of the Cross River State super highway!
Cross River State in the southeast of Nigeria has 50% of Nigeria’s remaining forests. Cross River State is the pilot REDD state for Nigeria and the state is a member of the Governors’ Climate and Forests Task Force, set up by Arnold Schwarzenegger in 2008.