In 2012, the value of global carbon markets fell by 35%, from €96 billion to €62 billion. The average global carbon price fell by 49% to €5.82 per tonne in 2012, down from €11.45/t in 2011 and €13.09/t in 2010.
Gas extraction and REDD in Peru: You can’t have your cake and eat it
Peru’s Vice Ministry of Interculturalism is currently carrying out a project to protect Territorial Reserves for Indigenous Peoples living in voluntary isolation or in initial contact. The US$1 million project is funded by the Inter-American Development Bank.
Indonesia: Governor of Aceh puts forests under threat
In January 2013, chairman of the Aceh parliament’s spatial planning committee, told Australian journalist Michael Bachelard that a proposed new spatial plan for Aceh would reduce the total forest cover in the province from about 68% to 45%.
Letter from COPINH to World Bank: “We reject the fraudulent REDD+ process” in Honduras
On 10 February 2013, the Civic Council of Popular and Indigenous Organisations of Honduras (COPINH) wrote to the World Bank in protest against the REDD readiness process and the implementation of REDD in Honduras. This is the latest in a series of letters protesting about the FCPF’s activities in Honduras.
Carbon credit boiler rooms: What you need to know and what to do if you’ve been scammed
REDD-Monitor has reported several times on sales of carbon credits in the UK, from what seem to be boiler room operations. The Metropolitan Police recently put out, “The Little Book of Big Scams” (pdf file, 3.9 MB), explaining how to avoid these and other scams and providing advice on what to do if you are…