In June 2016, I wrote a post based on a paper published in the International Forestry Review titled, “The ‘virtual economy’ of REDD+ projects: does private certification of REDD+ projects ensure their environmental integrity?”.
In order for REDD projects to generate carbon credits, a “baseline scenario” has to be created. This is supposed to reflect what would have happened under business-as-usual, or what would have happened in the absence of the REDD project.
Carlos Klink, secretary of the climate change unit at Brazil’s environment ministry, recently told Bloomberg that Brazil would use REDD credits generated in the country to meet its own emissions targets. Where does that leave California, which is considering using REDD credits from the Brazilian state of Acre?
The Alto Mayo Protected Forest in the Peruvian Amazon covers about 182,000 hectares. Although it became a protected area in 1987, it remained under serious threat. Today it is the site of a REDD project run by Conservation International with funding from Walt Disney.