“Good money after bad? Risks and opportunities for the Green Climate Fund in the Congo Basin Rainforests”, is the title of a new report by the Rainforest Foundation UK. The report focusses on the GCF and REDD, followed by a critical overview of the GCF’s planned projects in the forests of the Congo Basin.
Tag: Carbon Offsets
Offsetting fossil fuel emissions with tree planting and ‘natural climate solutions’: science, magical thinking, or pure PR?
By Chris Lang (REDD-Monitor) and Simon Counsell (Rainforest Foundation UK) Unlike carbon capture and storage systems, trees do actually take carbon out of the atmosphere and store it – temporarily, at least. In theory, planting enough new trees, and allowing existing forests to grow and regenerate, could mop up some of the excess CO2 now…
California State Assembly Members recommend the Tropical Forest Standard. Then give a list of reasons why REDD is a bad idea
Four Members of the California State Assembly have written to the California Air Resources Board to recommend that “ARB should endorse the TFS [Tropical Forest Standard] while committing to vigorous and proactive monitoring of any jurisdiction that decides to utilize it.”
How many “successful” REDD projects are there? Verra claims “more than 150”, but the reality is only 32 (according to Verra’s own project database)
Recently, ProPublica published a well researched article on the pitfalls of generating carbon credits from forest conservation: “An (Even More) Inconvenient Truth: Why Carbon Credits For Forest Preservation May Be Worse Than Nothing”. The article caused quite a stir and generated a series of responses from REDD proponents.
“The era of carbon offsets is drawing to a close”, says UN Environment. Then changes its mind
“The era of carbon offsets is drawing to a close. Buying carbon credits in exchange for a clean conscience while you carry on flying, buying diesel cars and powering your home with fossil fuels is no longer acceptable or widely accepted.”