Can financial markets solve the climate crisis? The answer is a clear “NO!”, as this new report from Italian NGO Campagna per la riforma della Banca Mondiale explains.
Tag: CDM
“Forests in exhaustion” – An ECA guide for the perplexed
Of all the topics under discussion at Cancún, perhaps the oddest is a proposal from Brazil to include something called “forests in exhaustion” in the clean development mechanism. In short, it is a subsidy to the plantations industry either to re-establish plantations or to clear forests and establish new plantations.
Forest destroyer Oji Paper to carry out REDD feasibility study in Laos
By Chris Lang In 2005, a Japanese company called Oji Paper took over a project to plant 50,000 hectares of mainly eucalyptus plantations in central Laos. The following year, as part of his research in Laos, a Canadian researcher took a series of photographs of forests cleared by Oji’s bulldozers. Now, Oji Paper wants to…

Via Campesina rejects REDD and carbon trading
Vía Campesina is an international movement of peasants, small- and medium-sized producers, landless, rural women, indigenous people, rural youth and agricultural workers. It is a coalition of around 150 organisations, with an estimated 300 million members. Vía Campesina recently put out a statement about COP-16 in Cancún.
Guest Post: LULUCF, loopholes and REDD
LULUCF (land-use, land use change and forestry) became a hot topic at the Bonn meeting in June 2010, when it became clear that rich countries were attempting to use LULUCF to “hide increased emissions while trying somehow to create the illusion they are stopping catastrophic climate change,” as CAN International put it.