Two stories about the current failure of carbon trading as a way of raising money to address climate change: First, the Adaptation Fund, which has seen its income from a tax on carbon credits dry up; Second, an exchange between Conservation International and the World Bank, which are both pro-carbon trading, but only one seems…
Zulkifli Hasan, Indonesia’s Minister of Forestry, made the headlines last week when he said he was “shocked” by 71-year-old actor Harrison Ford’s questions about deforestation. Perhaps Zulkifli had forgotten the scale of the problem in Indonesia.
“If it’s wrong to wreck the climate, it’s wrong to profit from that wreckage.” That’s the slogan of the Fossil Free Movement, a campaign started by Bill McKibben and 350.org to persuade “educational and religious institutions, city and state governments, and other institutions that serve the public good” to divest from fossil fuels.
The Alto Mayo Protected Forest in the Peruvian Amazon covers about 182,000 hectares. Although it became a protected area in 1987, it remained under serious threat. Today it is the site of a REDD project run by Conservation International with funding from Walt Disney.