By Chris Lang The Wall Street Journal recently reported from Peru about the “opaque network of traders, registries, raters, governments and investors that each can take a slice of the transactions” when carbon offsets are sold from REDD projects.
Tag: REDD and rights

Papua New Guinea Environmental Alliance asks Climate Change Development Authority to “slow down” process of carbon market regulation
Papua New Guinea Environmental Alliance writes to Climate Change Development Authority with concerns about proposed regulation on carbon markets

Brazilian state of Tocantins teams up with Mercuria Energy Trading to sell 200 million imaginary jurisdictional REDD carbon credits
Brazilian state of Tocantins has agreed a deal with Mercuria Energy Trading to sell 200 million fictitious jurisdictional carbon credits, to be generated between 2016 and 2032.

Sarawak’s rush to trade forest carbon “will not help address climate change, and worse, it can also backfire with serious negative impacts” says Sahabat Alam Malaysia
Sarawak has amended its Land Code and Forests Bill to include carbon trading. Bad for the climate and bad for Sarawak’s Indigenous Peoples and forests.

How Indonesia controls the narrative on deforestation under the new REDD deal with Norway
REDD deal with Norway: The MoU with Indonesia includes sweeping confidentiality clauses and excludes Indigenous Peoples, independent researchers, and civil society.