In recent years, Papua New Guinea has handed out 5.5 million hectares of land as Special Agriculture and Business Leases. In addition, the government has issued 10 million hectares in logging concessions. The totally predictable result has been an increase in deforestation, and serious human rights abuses.
Tell the California Air Resources Board to reject REDD offsets!
California’s Air Resources Board is planning to allow REDD offsets in its cap and trade scheme, Global Warming Solutions Act (AB 32). Friends of the Earth USA has sent out an action alert asking people in California to tell the Chair of Air Resources Board, Mary Nicholls, to reject REDD.
NGOs dissatisfied with Swedish Energy Agency response, once again call on the Agency to cancel carbon credit purchase from Green Resources’ monoculture plantations in Uganda
Green Resources is a Norwegian company that claims to be “Africa’s largest forestation company.” The company has established a total of 45,000 hectares of industrial plantations in Africa. It also generates carbon credits from its plantations.
World Rainforest Movement: “REDD is racist”
By Chris Lang The April 2016 issue of the World Rainforest Movement Bulletin, titled “Racism in the Forests: A process of oppression at the service of capital”, includes an article by Larry Lohmann of the Corner House. In his article, Lohmann argues that REDD is racist.
The European Investment Bank and USAID are supporting REDD through Althelia Climate Fund: A financial intermediary based in the tax haven of Luxembourg
On 13 June 2013, the European Investment Bank agreed to give up to €25 million to Athelia Climate Fund. This is the first time that the European Investment Bank has funded a European carbon fund. It is also the first time that the EIB has supported REDD, and it is doing so through a financial…