By Chris Lang Last week, Bloomberg Green published a great article about The Nature Conservancy and how it became “a dealer of meaningless carbon offsets”.
By Chris Lang Carbon Market is a timber company, registered in France in May 2009. The company imports timber from Bolivia, Brazil, Peru, Cameroon, the Democratic Republic of Congo, and Gabon.
According to NASA, the Amazon is drier at the start of this year’s dry season than any year since 2002. The reason is reduced rainfall during the wet season because of El Niño. The result could be intense fires in the Amazon later this year.
A paper published this week in Nature concludes that the Amazon is losing its capacity to absorb carbon. In the past decade, the carbon absorbed by the Amazon each year has decreased by about one-third.
“We are deeply disappointed at the lack of meaningful progress on REDD+ here in Peru, one of the countries with the most forests in the world, with many Indigenous Peoples. We expected at least SOME progress, but there has been no substantial outcome on REDD+.”