Six years ago, Norway and Indonesia signed a US$1 billion REDD deal. This week the Financial Times published an article about how the attempts to preserve Indonesia’s forests are going. The only good news is that in more than 3,800 words, Pilita Clark, the FT journalist, doesn’t mention REDD once.
Democratic Republic of Congo threatens to open forests to industrial logging
The Democratic Republic of Congo has the second largest area of rainforest in the world. Since 2002, a moratorium on new logging licences has been in place. The government is now threatening to re-open its forests to new logging concessions.
Stop the construction of the Cross River State super highway!
Cross River State in the southeast of Nigeria has 50% of Nigeria’s remaining forests. Cross River State is the pilot REDD state for Nigeria and the state is a member of the Governors’ Climate and Forests Task Force, set up by Arnold Schwarzenegger in 2008.
Can REDD save the forests of Laos?
In 2000, the Bangkok-based NGO TERRA published an anonymous article in its magazine Watershed. The article documented how Laos was losing its forests to large scale industrial logging, often carried out in breach of the country’s forestry laws.
Carbonballs: How Carbon Neutral Investments made Newcastle United “carbon positive”
Last week, REDD-Monitor wrote about the closure of 19 companies in the High Court in London. The companies sold more than 5 million carbon credits to retail investors, for more than £36 million. Hundreds of pensioners were duped out of their life savings.