Carbon markets are struggling. There is a huge glut of carbon credits and pollution allowances. Carbon credits created under the clean development mechanism are trading at €0.07 on the EU emissions trading system (ETS).
Tag: Carbon Offsets
Nine reasons why REDD is a false solution: Friends of the Earth International
“REDD is a risky and false solution to climate change, both in theory and in practice,” argues a new report by Friends of the Earth International. “Now it is time to ditch risky REDD for known community approaches that are effective, ethical and equitable.”
Gangster Squad, the FCPF and the Carbon Fund
Gangster Squad is a film set in Los Angeles in the late 1940s. The Police Chief decides to set up a special unit to fight gangster Mickey Cohen. The six members of the police vigilante “Gangster Squad” carry guns but no badges.
Results-based payments for REDD, but cash on the nail for Climate Advisers
Climate Advisers is a Washington-based think tank. As an anonymous Guest Post on REDD-Monitor revealed last week, it’s the think tank behind the New York Declaration on forests, set to be launched at the UN Climate Summit in New York next week.
Oil and REDD: Norway pays Center for Global Development to promote REDD in Washington
The New York Times recently ran an article about Washington-based think tanks that have received tens of millions of dollars from foreign governments, “while pushing United States government officials to adopt policies that often reflect the donors’ priorities”.