By Chris Lang Earlier this week, an international group of more than 20 campaigners wrote a letter to The Guardian in support of natural climate solutions. “The world faces two existential crises, developing with terrifying speed: climate breakdown and ecological breakdown,” they write. “Neither is being addressed with the urgency needed to prevent our life-support…
Tag: Natural Climate Solutions
Shell boss says “Another Brazil in terms of rainforest” is needed to address climate change. Meanwhile, Shell continues to profit from fossil fuels
At the Oil and Money conference in London last year, Shell’s CEO Ben van Beurden was worried that his audience might think that Shell had “gone soft” on oil and gas. He was keen to reassure them that, “Shell’s core business is, and will be for the foreseeable future, very much in oil and gas.”
Oil company Eni plans 8.1 million hectare land grab in Africa for carbon offset plantations
Italian oil and gas company Eni has announced plans to establish plantations over an area of 8.1 million hectares in Africa. The proposal is part of the company’s plans for greenhouse gas emissions from its exploration and production operations to be “net zero” by 2030.
Natural Climate Solutions: “It really is time that governments stopped trying to find more ways to offset their fossil fuel emissions”
From the beginning, REDD proponents described saving rainforests as the “low-hanging fruit”. When he launched Norway’s International Climate and Forest Initiative (NICFI) in December 2007, Norway’s then-prime minister Jens Stoltenberg told us that, “Through effective measures against deforestation we can achieve large cuts in greenhouse gas emissions – quickly and at low cost.”
Brazil’s funding proposal for REDD results-based payments to the Green Climate Fund would set a terrible precedent
A proposal from Brazil for results-based payments from the Green Climate Fund will be considered by the GCF board at the end of this month. If approved, it would set a terrible precedent, wasting GCF money without creating any incentive to protect forests in the future.