After a clamp down on illegal mining in February 2019, illegal miners are moving into new areas in Madre de Dios – including inside the REDD Project in Brazil Nut Concessions in Madre de Dios.
Category: Peru

Madre de Dios Amazon REDD Project: EasyJet’s phantom carbon credits are generated by logging the forest
EasyJet is buying carbon credits from the Madre de Dios Amazon REDD Project in Peru. The REDD project is run by two logging companies.

Switzerland’s offsetting deal with Peru excludes REDD. It will still not reduce emissions
In October 2020, Peru and Switzerland signed a carbon offsetting deal. It excludes REDD, but it will not reduce emissions globally.

How to make the climate crisis worse: A story of NFTs, blockchain, and carbon offsets from the REDD Project in Brazil Nut Concessions in Madre de Dios, Peru
By Chris Lang Non-fungible Tokens (NFTs or nifties) hit the headlines last month when Mike Winkelman sold an NFT of a digital artwork for US$69 million at Christie’s. Beeple, as Winkelman calls himself, makes a digital artwork every day. You can see them on his Instagram account – where he has 2.1 million followers.

Peru cancels its World Bank FCPF Carbon Fund programme
Peru failed to meet a deadline to sign an Emission Reductions Payment Agreement with the World Bank.