A proposal in the UK to destroy ancient woodland to make way for a £40 million motorway service station clearly reveals the flaws of biodiversity offsets.
The story of FLEGT: New FERN video on addressing illegal logging
“Years of effort to halt illegal logging are finally showing signs of success. But in Indonesia, the Brazilian Amazon, the Congo Basin, and parts of West Africa, up to half of all timber is still illegally sourced.”
Another carbon offset failure: The Monte Pascoal-Pau Brasil ecological corridor
The Monte Pascoal-Pau Brasil forest offset project in the south of Bahia, Brazil aims to finance the restoration of degraded forest through the sale of carbon credits. Communities living in the project area were promised social benefits from the project. Few of these benefits were realised and fewer lasted.
Bruce Rich on the World Bank’s response to climate change: 2. The REDD+ programme is “in denial about the intractable challenge of governance”
In his book “Foreclosing the Future”, Bruce Rich notes that one of the lessons of 20 years of the World Bank is “governance first”. Even the best designed projects will fail in the absence of proper institutional and legal capacity.
Carbonballs: “Enviro Associates believe that demand for all types of emission reduction units will grow more quickly than supply”
REDD-Monitor’s occasional series, Carbonballs features the howlers made by con artists selling carbon credits as investments. This time round, it’s Enviro Associates trying to explain carbon credits to gullible investors.