In 2009, Norway launched Guyana’s Reducing Emissions from Deforestation and Forest Degradation programme. Back then, it was an amibitious US$250 million scheme. Ten years later Guyana’s REDD has been almost completely abandoned.
As climate breakdown gets worse, the corporations most responsible are looking for ways to continue profiting from ever increasing greenhouse gas emissions. Norway’s oil company Equinor is a classic example of this. The company plans to continue drilling oil – including in the Arctic – while investing in “natural climate solutions” to offset its emissions.
Norway is the world’s fifth largest oil exporter. As a result, Norway is a very rich country. At the same time, Norway cares about addressing climate change. Or, to be more honest, it wants to appear on the world stage as caring about climate change.
In 2007, sustainable forest management was written into the definition of REDD in the Bali Action Plan. Ten years later, the main funder of REDD, the Norwegian government, has commissioned a review of sustainable forest management.
In September 2016, Jonah Busch of the Center for Global Development wrote a blog post about the aviation industry’s crazy proposals to “address” climate change by offsetting its ever increasing emissions. Busch is in favour of using REDD credits to offset pollution from flying.