Ecuador has abandoned its plans to leave the oil where it belongs under the Yasuní National Park. Ecuador was asking for US$3.6 billion, or half the market value of the 850 million barrels of oil in the Ishpingo-Tambococha-Tiputini (ITT) oil field below Yasuní. Last week, Ecuador’s president Rafael Correa cancelled the plan and announced that…
Tag: Indigenous Peoples
Friends of the Earth calls for an open review of the Kalimantan Forest Carbon Partnership
Friends of the Earth Australia has written to the Australian Government calling for “an open review of its failed experiment in climate aid in Central Kalimantan, Indonesia”. The Australian-funded Kalimantan Forest Carbon Partnership was quietly shelved earlier this year.
Missing the Poorest for the Trees?
“In order to be both effective and equitable, REDD+ will require large areas of land with clear tenure arrangements. Yet many developing countries suffer from conflicts over land ownership and continue to exclude local communities from land use decisions. How will REDD+ impact peace and security in these countries?”
Australia shuts down the Kalimantan Forest Carbon Partnership: “A lot of funds spent and very little progress”
Australia has quietly shelved its Kalimantan Forest Carbon Partnership project. The US$43 million project will be closed before most of the project’s targets have been met.
Guest Post: Redeeming REDD
Michael Brown has more than 30 years experience in international development. He is the president and founder of Satya Development International, a consulting firm based in Washington DC. He works on REDD and issues of free, prior and informed consent, indigenous peoples and environmental compliance.