By Chris Lang Deforestation in the Brazilian Amazon rainforest increased this year to its highest rate since 2008, according to data released this week by Brazil’s National Space Research Institute (INPE). The data reveal that Amazon deforestation rose by 30% compared to last year.
A company calling itself Payment Solutions is running a recovery room scam
By Chris Lang Last week REDD-Monitor wrote about John Greene. He’d been scammed into buying carbon credits as an investment by a company called 360 Invest Group. That company disappeared in 2012, but John is still being contacted by scammers.
Can flying go green? Spoiler alert: No
By Chris Lang This week, the British TV programme Panorama asked the question, “Can flying go green?” “Our passion for plane travel is warming the planet,” says Panorama’s reporter, Justin Rowlatt. “Tonight we investigate how the industry is trying to clean up its act, and ask how much can we trust their environmental promises?” About…
International Finance Corporation has withdrawn its REDD Climate Bonds proposal to the Green Climate Fund
By Chris Lang Last week REDD-Monitor posted an open letter to the Board of the Green Climate Fund written by the World Rainforest Movement. The open letter, which was signed by over 100 organisations, urged the board to say no to the International Finance Corporation’s funding proposal, “Climate Bonds for Forests: Scaling up Private Sector…
Open letter to the Green Climate Fund opposing REDD results-based payments in Paraguay
By Chris Lang A group of Paraguayan and international organisations have sent an open letter to the board of the Green Climate Fund which will meet in Songdo, Republic of Korea, from 12 to 14 November 2019. Several of the funding requests under consideration are related to REDD, including an extraordinarily bad proposal to subsidise…