By Chris Lang Thomson Reuters Foundation recently reported that, “Norway is doubling the price it guarantees developing nations to keep their tropical forests standing, in a step to slow catastrophic losses and encourage big companies to invest far more in nature to combat climate change.”
By Chris Lang In September 2019, the President of the Republic of Congo, Dénis Sassou Nguesso, flew to Paris to meet Emmanuel Macron, France’s President. Macron signed a letter of intent committing US$65 million to the Central African Forest Initiative (CAFI) to protect the Republic of Congo’s forests.
By Chris Lang The Swedish Energy Agency has cancelled its contract to buy carbon credits from Green Resources. The Swedish Energy Agency has finally recognised the impacts that Green Resources’ industrial tree plantations have on local communities in Kachung in Uganda.
By Chris Lang In 2009, Norway launched Guyana’s Reducing Emissions from Deforestation and Forest Degradation programme. Back then, it was an amibitious US$250 million scheme. Ten years later Guyana’s REDD has been almost completely abandoned.
At a meeting on 22 September 2019 in New York, Lee White, who was recently appointed Forestry Minister in Gabon, announced a new US$150 million REDD deal with the Central African Forest Initiative. The meeting marked the fifth anniversary of the New York Declaration on Forests. The money will come, surprise, surprise, from Norway.