Olam International and REDD: Having trashed the forests for decades, Olam International’s subsidiary CIB now wants to cash in on REDD in one concession while converting others to oil palm.
Tag: FSC
Can REDD save the forests of Sarawak?
One year ago, Wetlands International released a report that revealed that the rate of deforestation in Malaysia’s province of Sarawak is about 2% a year. Most is being converted to oil palm plantations. “Total deforestation in Sarawak is 3.5 times as much as that for entire Asia, while deforestation of peat swamp forest is 11.7…
Ugandan farmers kicked off their land for New Forests Company’s carbon project
New Forests Company’s carbon project went ahead after farmers were brutally evicted from their lands.
Why is Brazil so interested in carbon credits for “forests in exhaustion”?
On the final day in Poznan, a dispute took place between Saudi Arabia and Brazil over the Clean Development Mechanism (CDM). Saudi Arabia wants carbon capture and storage to be included in the CDM. Brazil wants carbon credits for “forests in exhaustion”. Saudi Arabia’s motivation is obvious. It wants to continue extracting and selling oil….