At a meeting on 22 September 2019 in New York, Lee White, who was recently appointed Forestry Minister in Gabon, announced a new US$150 million REDD deal with the Central African Forest Initiative. The meeting marked the fifth anniversary of the New York Declaration on Forests. The money will come, surprise, surprise, from Norway.
Tag: Financing REDD
California approves the Tropical Forest Standard. Good news for the fossil fuel industry. Bad news for the climate crisis
On 19 September 2019, the California Air Resources Board voted 7-4 to approve the Tropical Forest Standard. CARB is determined to convince us that this is not an approval of REDD offsets in California’s cap-and-trade scheme. In a presentation about the Tropical Forest Standard CARB staff point out that, “Endorsement of the Standard Does Not…
Hate to say I told you so, but the New York Forest Declaration has utterly failed to stop deforestation
Launched five years ago, the New York Declaration on Forests included a commitment “to cut natural forest loss in half by 2020, and strive to end it by 2030”. But the pledges made by governments, multinational companies, NGOs, and indigenous peoples organisations have utterly failed to address deforestation.
Employees of the Somicongo REDD+ concession in the Democratic Republic of Congo have not been paid for 15 months
The Somicongo REDD+ concession in Mai Ndombe province, in the Democratic Republic of Congo was, until early 2018, a logging concession covering an area of almost 300,000 hectares. As Global Witness pointed out in a 2015 report about the logging industry in the DRC, the contract, management plan, and social agreement for the logging concession…
Unfortunately, the age of offsets is not over. The aviation industry is planning to fry the planet with offsets
In April 2019, George Monbiot said, “I believe the age of offsets is over – I don’t think it should ever have begun – because it’s now clear that we have to decarbonise our economies pretty comprehensively across all sectors.” He’s written the same thing a couple more times recently.