The EU outlined its plans for carbon markets in relation to forests at a press conference today (5 December 2008) in Poznan. The EU aims “to halve the total forested area loss in the tropics by 2020, and to halt the global forest cover loss completely by 2030 at the latest” and estimates that this…
One of the key issues related to REDD is that of risk. All trade carries an element of risk, but there is general agreement that the risks associated with forest carbon trading might be substantial, and possibly unresolvable, at least in the short term.
A press statement issued today by the International Indigenous Peoples Forum on Climate Change (IIPFCC) is criticial of the way negotiations on REDD are progressing in Poznan. “The issue of REDD remains problematic for Indigenous Peoples,” IIPFCC states.
Yesterday, 4 December 2008, the EU held a press conference, during which Reuters asked the question: “Will forest offsets be used within EU ETS? And what is EU’s view on avoided deforestation?” Here are the responses from Brice Lalonde from the French delegation and Jurgen Lefevre from the European Commission.
International Emissions Trading Association (IETA) was by far the biggest “NGO” at last year’s climate conference in Bali. In Poznan, IETA has hired a building inside the International Trade Fair where the climate conference is taking place.