Yesterday, the World Bank’s private sector arm, the International Financial Corporation launched a US$152 million bond aimed at supporting REDD and carbon trading. The deal demonstrates just about everything that’s wrong with REDD.
Category: Brazil
Almir Surui’s desperate cry for help to save the Surui forest: “Every day, 300 trucks leave our territory filled with wood”
The Surui REDD project is under attack. Despite the fact that the Surui’s forest is an Indian Reservation (and a REDD project), hundreds of miners and loggers are invading the land, leaving destruction in their wake.
REDD: The world’s largest top-down tool in development cooperation
“The aim of reducing the emissions from forest destruction and degradation caused by industrial agriculture, logging, mining for fossil resources, etc. is today decisive to the survival of humankind and our planet. However, when the tool to achieve this aim is the trading of emission credits (offsets), we arrive at the wrong solutions.”
Guest Post: REDD, Payments for Environmental Services, and Amazonian Spirituality
Michael Schmidlehner is a researcher, NGO founder and climate justice activist in Rio Branco, capital of the Brazilian state of Acre. He submitted this Guest Post about a forthcoming ayahuasca conference in Acre.
Industry RE and a very big REDD carbon credit scam
Industry RE: also involving Celestial Green Ventures in Brazil and the April Salumei REDD project in Papua New Guinea.