We have more than 20 years of evidence that carbon markets have failed to address the climate crisis. Yet carbon trading is booming. The oil industry plans to use natural climate solutions to greenwash its operations, and the aviation industry plans to use carbon offsets to allow its emissions to continue increasing.
Tag: Carbon Offsets
Colombia is evaluating Winrock International’s Architecture for REDD+ Transactions standard
By Chris Lang In December 2019, the governments of Colombia, Norway, Germany, and the UK signed a Joint Declaration of Intent on REDD and promoting sustainable development in Colombia. In August 2020, Ricardo José Lozano Picón, Colombia’s minister for Environment and Sustainable Development wrote to Mary Grady at Winrock International, to tell her that Colombia…
Guest Post: Forests, carbon markets, and capitalism. How deforestation in Indonesia became a geo-political hornet’s nest
Dr Bernice Maxton-Lee is the author of Forest Conservation and Sustainability in Indonesia: A Political Economy Study of International Governance Failure, published in 2020 by Routledge. She submitted this Guest Post about deforestation in Indonesia.
“Great news for the environment!” The aviation industry weakens carbon offsetting scheme even further
By Chris Lang The International Civil Aviation Organization‘s Council agreed yesterday to change the baseline year for its Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). Under CORSIA, airlines were supposed to buy carbon credits to offset their emissions above a baseline of the average emissions in 2019 and 2020.
Do the four principles on Nature-Based Solutions mean “No offsets”?
By Chris Lang In May 2020, 60 organisations and experts signed on to a statement calling for Four Principles for Nature-Based Solutions. The first signatory is Christiana Figueres, Co-founder, Global Optimisim and the second is Thomas Crowther, Crowther Lab, ETH Zurich. Among the other signatories are representatives from The Nature Conservancy, Conservation International, WRI, IUCN,…