In October 2008, groups in Paraguay learned that the World Bank’s Forest Carbon Partnership Facility had approved the Government of Paraguay’s Readiness Plan Idea Note (R-PIN). This is the document that government must submit to the Bank in order to receive funds from the Forest Carbon Partnership Facility. The Bank approved the Paraguayan R-PIN despite…
At the October 20-22, 2008 meeting of the World Bank’s Forest Carbon Partnership Facility (FCPF) in Washington DC, the facility’s board approved funding for an additional ten countries to develop plans for reducing emissions from deforestation and degradation (REDD).
This week saw Prince Charles in Indonesia where he planted a tree and talked about his Rainforest Project. A study for Carbon Positive found “significant differences” between four forest carbon standards. The price of carbon collapsed (not for the first time) and Greenpeace launched its Forests for Climate initiative.
In September 2008, the United Nations launched its UN-REDD programme. According to information released by the UN “Nine countries have already expressed formal interest in receiving assistance through the UN-REDD Programme: Bolivia, Democratic Republic of Congo, Indonesia, Panama, Papua New Guinea, Paraguay, Tanzania, Viet Nam, and Zambia.”
The way that forest is defined is crucial to whether REDD will be successful in preventing deforestation. As the Rainforest Foundation notes, “Using FAO’s definition of forest, monoculture plantations, highly degraded forests and even clear-cut areas ‘expected’ to regenerate, are all counted as forests.”