“REDD is a risky and false solution to climate change, both in theory and in practice,” argues a new report by Friends of the Earth International. “Now it is time to ditch risky REDD for known community approaches that are effective, ethical and equitable.”
Does the N’hambita carbon project in Sofala province in Mozambique live up to its reputation? That’s the question posed by a new report published by FERN and Friends of the Earth France. The report finds that the project, which is run by a company called Envirotrade, has “failed to deliver most of its climate change, development, financial and learning objectives”.
Earlier this week, REDD-Monitor wrote about Envirotrade’s Nhambita project in Mozambique. This morning, REDD-Monitor received a response from Charles Hall, Chief Executive of Envirotrade. His response is posted in full below.
Envirotrade’s carbon trading project near the Gorongosa National Park in Mozambique should be a success story. Its carbon credits are certified by the Plan Vivo Foundation. It is certified under the Climate, Community and Biodiversity Alliance Standard. Yet the project is winding down and will close in four years, according to a report in the Mozambique Bulletin.