Gabon plans to issue 90 million REDD credits before COP27. REDD-Monitor asked the UNFCCC Secretariat some questions about how these credits are generated.
Tag: Coalition for Rainforest Nations

Gabon plans the world’s biggest ever issue of carbon credits. By logging its forests
Gabon plans to create187 million carbon credits. The plan is bad for the climate, bad for the forests, and bad for the people living in Gabon’s forests.

Papua New Guinea declares a moratorium on voluntary REDD projects
By Chris Lang On 2 March 2022, Wera Mori, Papua New Guinea’s Minister of Environment, Conservation and Climate Change issued a “Moratorium on PNG REDD+ Voluntary Carbon Market Projects”. The Moratorium was published by the Post Courier and Melanesian Carbon Watch posted a screenshot on Twitter.

Civil Society statement rejects Coalition for Rainforest Nations’ REDD deal in Papua New Guinea: “How can PNG sign up and subscribe with a Carbon Credit Scheme that is not officially recognised by any bona fide and legitimate international authorities?”
Ten civil society organisations in Papua New Guinea have put out a media statement that rejects the Coalition for Rainforest Nations REDD deal in Papua New Guinea.

Coalition for Rainforest Nations announces sale of 6,106 REDD credits from Papua New Guinea to Blackstone Energy Services
The Coalition for Rainforest Nations has sold more than 6,000 REDD+ Results Units, which it claims are “UNFCCC-verified”, to Blackstone Energy Services.