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.
Category: Norway
Republic of Congo to get US$65 million from the Central African Forest Initiative. Will it stop deforestation? Not a chance
Last week, the President of the Republic of Congo, Denis Sassou Nguesso, flew to Paris in a hired Boeing 787 Dreamliner, one of the most luxurious planes in the world. Le Figaro estimates that a one-way flight from Brazzaville to Paris would cost about US$500,000. Needless to say, Sassou Nguesso’s wife, Antoinette, travelled with him.
Swedish Energy Agency delays US$1 million carbon credit payment to Green Resources
Two weeks ago, REDD-Monitor wrote about a new report by the Oakland Institute. The report is the third by the Oakland Institute about a Norwegian company called Green Resources, and the destructive impacts of its monoculture tree plantations on local communities in Uganda.
Evicted for carbon credits: New Oakland Institute report confirms forced evictions for Green Resources’ plantations in Uganda
The Oakland Institute has released a new report about the impact of Green Resources’ plantations in Uganda on local communities: “Evicted for Carbon Credits: Norway, Sweden and Finland displace Ugandan farmers for carbon traders”. The report is the Oakland Institute’s third about Green Resources, exposing the destructive impact the company’s plantations have had on local…
Yes, the Amazon on fire. Yes, it burns every year. Yes, this is a problem. No, REDD won’t solve it
So far this year, more than 72,000 forest fires have started (or been set by cattle ranchers) in Brazil’s rain forest. That’s an 80% increase over the same period last year. But the amount of CO2 emitted from the fires is lower than in 2010 and significantly lower than in the early 2000s.