The World Bank continues with its push to trade the carbon stored in forests. But new research shows that safeguards and legal protections for indigenous peoples and local communities in these new forest carbon markets are “non-existent”.
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110 arrested in international police operation to “decimate” boiler room crime
Last week City of London Police led the biggest ever international operation against boiler room fraud, resulting in the arrests of 110 people, mainly in Spain and the UK.
Global Forest Watch tracks deforestation in near-real time. What’s not to like?
Last week, the World Resources Institute, Google and more than 40 partners launched an online forest monitoring system. It’s called Global Forest Watch. It’s free and available to anyone with an internet connection.
Bruce Rich on the World Bank’s response to climate change: 1. The Carbon Caravan
Bruce Rich’s excellent new book about the World Bank, features two chapters about the Bank’s role in climate and energy finance. Rich describes this as “arguably the most critical and intractable development issue facing the Bank and the world at large as global warming accelerates”.
REDD myth no. 1: Deforestation accounts for 25% of greenhouse gas emissions
Myth: “Deforestation accounts for 25 percent of all man-made emissions of the greenhouse gas carbon dioxide.”