The Rimba Raya Biodiversity Reserve is the only REDD project in Indonesia that has managed to sell any carbon credits. The project is dependent on continued sales of carbon credits, and on the price of carbon. Neither is certain.
Tag: Financing REDD
A debate on REDD in Guyana
In mid-February 2014, Nancy Birdsall and Jonah Busch, of the Center for Global Development, visited Georgetown in Guyana. Their visit was part of CGD project looking at how well performance-based payments for forest conservation are working in Guyana, Brazil and Indonesia.
“In the field of international climate policy and collaboration, REDD+ is a success” says Per Fredrik Pharo, Director of Norway’s International Climate and Forest Initiative
In March 2014, I wrote an opinion piece for the magazine Development Today. I asked whether Norway’s REDD deals are reducing deforestation. The article has triggered a small discussion.
Implement in haste, repent at leisure: Critical new report on the World Bank’s Carbon Fund by FERN and Forest Peoples Programme
“Unless major changes are made in FCPF planning, design and validation of emissions reduction programmes to ensure alignment with the FCPF Charter and international human rights standards, the FCPF Carbon Fund risks enabling seriously flawed REDD pilots that could generate negative impacts on indigenous peoples and local communities as the FCPF moves towards implementation of…
Another carbon offset failure: The Monte Pascoal-Pau Brasil ecological corridor
The Monte Pascoal-Pau Brasil forest offset project in the south of Bahia, Brazil aims to finance the restoration of degraded forest through the sale of carbon credits. Communities living in the project area were promised social benefits from the project. Few of these benefits were realised and fewer lasted.