In August 2012, the Independent Evaluation Group of the World Bank published a review of the Forest Carbon Partnership Facility (FCPF). The review revealed some serious problems with the FCPF and the Independent Evaluation Group recommended that the World Bank should re-think its approach to REDD.
World Bank
There are 149 posts tagged World Bank (this is page 2 of 10).
Honey at the Top: A film about the Sengwer forest people in the Cherangani Hills, Kenya
Honey at the Top is a film by Dean Puckett, a UK-based documentary film maker. At the end of 2014, Puckett travelled to the Cherangani Hills in Western Kenya. He filmed and documented the lives of the Sengwer people.
Response from IFC fails to answer any of REDD-Monitor’s questions about its “Forest Bond”
On 1 November 2016, I wrote about the International Finance Corporation’s launch of a US$152 million “forest bond”. I also sent some questions to the IFC about the bond issue:
Some questions for the IFC about its “Forest bonds”
On 1 November 2016, I wrote about the International Finance Corporation’s launch of a US$152 million bond. According to the IFC’s press release, the bond will “protect forests and deepen carbon-credit markets”. The reality is that the IFC is bailing out Wildlife Works’ Kasigau Corridor REDD project in Kenya, a project that had failed to raise enough money from sales of carbon credits. The carbon credits provide some green REDD froth on IFC’s business as usual.
The World Bank’s Forest Carbon Partnership Facility “has not saved a single hectare of forest”
The World Bank’s Forest Carbon Partnership Facility is supposed to help countries in the Global South reduce emissions from deforestation and forest degradation. It was launched at COP 13 in Bali in 2007. The Fund capital stands at US$850 million, of which US$1.12 billion is for the Readiness Fund, and US$750 million is for the Carbon Fund. But after nine years, the FCPF cannot point to a single country in which it has actually reduced deforestation.
IFC launches US$152 million REDD greenwashing bond for mining corporation BHP Billiton. With help from Conservation International
Yesterday, the World Bank’s private sector arm, the International Financial Corporation launched a US$152 million bond aimed at supporting REDD and carbon trading. The deal demonstrates just about everything that’s wrong with REDD.
The World Bank “provisionally” approves the Democratic Republic of Congo’s REDD programme
Last week saw the 14th meeting of the Carbon Fund, part of the World Bank’s Forest Carbon Partnership Facility. At the meeting Costa Rica and the Democratic Republic of Congo presented their REDD programme plans. The Carbon Fund approved both country’s REDD plans (called Emissions Reduction Program Documents in the World Bank’s jargon).
World Bank on REDD in the Democratic Republic of Congo: “Rome wasn’t built in a day”
Today is the second and final day of the Oslo REDD Exchange. Yesterday’s post featured the World Bank’s Paula Caballero demonstrating that she has perfected the art of speaking for 10 minutes without actually saying anything much.
World Bank on REDD: “We have made great achievements in 2015 and we’re now focussing on implementation”
This week sees the Oslo REDD Exchange 2016. Previous REDD Exchanges took place in 2011 and 2013, and almost 500 people are attending the third REDD Exchange. The presentations are being live-streamed and posted on Norad’s YouTube account.
Indigenous Peoples’ rights in the REDD+ Ngoyla-Mintom project in Cameroon
The Ngoyla-Mintom REDD project covers an area of more than 700,000 hectares in the south of Cameroon. The project takes a “landscape” approach, aiming to create a new protected area linking the Nki National Park and Dja Biosphere Reserve.
Enough is enough! Stop the evictions of the Sengwer indigenous peoples in Kenya
In July 2009, Navin Rai travelled to the Cherangani Hills in Kenya as part of a delegation of World Bank and Kenyan officials who travelled to the Cherangani Hills in Kenya. At the time Rai was the World Bank’s top adviser on Indigenous Peoples.
How free trade agreements threaten to undermine conservation in Colombia
“What we need is a new model of development for countries with tropical forests,” says Maria Claudia García, National Director of Forestry, Biodiversity and Ecosystem Services at the Ministry of the Environment and Sustainable Development in Colombia. According to Garcia, REDD is a “new vision”.
“Insufficient attention to industrial logging”: Environmental Investigation Agency’s comments on DR Congo’s Emissions Reduction Programme Document
In mid-January 2016, the Democratic Republic of Congo submitted its revised Emission Reductions Programme Document (ER-PD) to the Carbon Fund of the World Bank’s Forest Carbon Partnership Facility. The Environmental Investigation Agency has produced a report of “preliminary comments” on the ER-PD.
How safeguards fail poor farmers in the Corridor Ankeniheny-Zahamena REDD project in Madagascar
The Corridor Ankeniheny-Zahamena is a 382,000-hectare REDD project in Madagascar being carried out by Conservation International, with support from the World Bank. A new study shows that the project is not compensating many of the people whose livelihoods are impacted by the restrictions on forest use.
Cameroon’s REDD plans critiqued by NGOs ahead of World Bank meeting
Next week sees the 13th meeting of the World Bank’s Carbon Fund, under its Forest Carbon Partnership Facility. Cameroon is one the countries that will be presenting its Emission Reductions Program Idea Note (ER-PIN).