Conservation campaigners were misled into believing that the Worldwide Fund for Nature (WWF) supported the inclusion of ‘avoided deforestation’ credits within the the European Emissions Trading Scheme (ETS) ahead of Tuesday’s vote in the influential Environment Committee of the European Parliament.
ERA Carbon Offsets Ltd. looks to profit from REDD
A Canadian company called ERA Carbon Offsets Ltd is looking to sell carbon offsets from REDD projects. The company already sells carbon offsets to Shell, which Shell uses to ensure that it can continue drilling for oil. According to the press release below, the president and CEO of the World Wildlife Fund, Carter Roberts supports…
Indonesia re-enters the Guinness Book of Records for the world’s fastest rate of deforestation
For the second year running, Indonesia has the dubious honour of entering the Guinness Book of Records as the country with the highest rate of deforestation. According to the 2009 Guinness World Records, Indonesia’s deforestation rate was 1.8 million hectares per year between 2000 and 2005. This amounts to a loss of 2 percent of…
Global Forest Coalition attacks REDD
The latest issue of “Forest Cover“, the newsletter of the Global Forest Coalition includes several articles about REDD. Miguel Lovera, GFC chairperson suggests chanting “stop the fraud now” might be the best strategy to follow in the run-up to the Climate COP in Copenhagen in 2009:
UN and Norway launch REDD programme
In September 2008, the UN and Norway launched a UN-REDD programme. The press release is below. It’s interesting to look at what they are saying about Indonesia: “Indonesia has the potential to be compensated $1 billion a year if its deforestation rate was reduced to one million hectares annually.”