Wally Menne is a South African environmental campaigner and a member of the Timberwatch Coalition. Since the mid-1990s, Timberwatch has exposed and monitored the environmental and social impacts of industrial tree plantations.
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“Appropriate market based mechanisms cannot include trading carbon as offsets”: Accra Caucus intervention during UN REDD finance workshop
Last week a UN meeting on results based finance for REDD took place in Bonn, Germany. “Workshop on results-based finance for the full implementation of the activities referred to in decision 1/CP.16, paragraph 70”, to give it its full title. The aim of the UN work programme on REDD finance is to “contribute to the…
Friends of the Earth calls for an open review of the Kalimantan Forest Carbon Partnership
Friends of the Earth Australia has written to the Australian Government calling for “an open review of its failed experiment in climate aid in Central Kalimantan, Indonesia”. The Australian-funded Kalimantan Forest Carbon Partnership was quietly shelved earlier this year.
INTERPOL: Intangible carbon markets at risk from criminal networks
A new report from INTERPOL warns that carbon markets are at risk for exploitation by criminal networks.
In 2012, the market for REDD carbon credits shrank and the price fell
Ecosystem Marketplace recently released its State of the Voluntary Carbon Markets 2013. During 2012, the market for voluntary carbon credits grew by 4% in volume, reaching 101 million tonnes of carbon offsets. But the market value decreased by 11% as the average price of voluntary carbon credits fell from US$6.2 in 2011, to US$5.9 in…