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Tag: WRM

World Rainforest Movement: “Say NO to Green Climate Fund money for REDD in Nicaragua!”

Posted on 3 November 20203 November 2020

By Chris Lang World Rainforest Movement has written an Open Letter calling on Board members of the Green Climate Fund to reject the US$60 million funding request submitted by the Central American Bank for Economic Integration on behalf of the Nicaraguan government. Organisations can sign the Open Letter before Friday, 6 November 2020.

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Green Climate Fund No REDD

Sign the letter to the Green Climate Fund: No REDD+ “results-based payments”

Posted on 14 August 202027 August 2020

The Green Climate Fund Board will hold a virtual meeting between 18 and 21 August 2020. Included in the funding requests are two for REDD+ “result-based payments”: Indonesia REDD-plus RBP for results period 2014-2016; and Colombia REDD+ Results-based Payments for results period 2015-2016.

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The Green Climate Fund must reject Arbaro’s industrial tree plantations

Posted on 10 March 20201 April 2020

By Chris Lang At its 25th board meeting from 10-12 March 2020, the Green Climate Fund is due to decide whether to provide US$25 million to the Arbaro Fund. The money, together with a further US$175 million co-financing largely from other public sources, would be used to establish 75,000 hectares of commercial tree plantations in…

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International Finance Corporation has withdrawn its REDD Climate Bonds proposal to the Green Climate Fund

Posted on 12 November 20193 April 2020

By Chris Lang Last week REDD-Monitor posted an open letter to the Board of the Green Climate Fund written by the World Rainforest Movement. The open letter, which was signed by over 100 organisations, urged the board to say no to the International Finance Corporation’s funding proposal, “Climate Bonds for Forests: Scaling up Private Sector…

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Tell the the Green Climate Fund: No to IFC subsidies for REDD offsets! No to REDD funding!

Posted on 5 November 20193 April 2020

By Chris Lang The Board of the Green Climate Fund will meet in Songdo, Republic of Korea, from 12 to 14 November 2019. Several funding requests are related to REDD, in Chile, Paraguay, and Laos. Particularly egregious is a funding request from the International Finance Corporation for a “Multi-Country Forest Bonds Programme”. The IFC programme…

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“The risk is that the carbon reductions get double counted. If California can find a way to make this work when Europe hasn’t, then I’d be surprised. The danger here is there may be better ways to protect forests than via markets.”

— Louis Redshaw, founder of Redshaw Advisors, October 2015

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  • Chris Lang on Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”
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Recent Posts

  • Graeme Biggar, Director-General of the UK’s National Economic Crime Centre: “There is not a sufficient deterrent for fraudsters and there is insufficient recourse for victims”
  • Coronavirus notes #7: How the Colombian government is rolling back social and environment safeguards during the pandemic
  • Peru cancels its World Bank FCPF Carbon Fund programme
  • The World Bank Forest Carbon Partnership Facility’s latest hot air scam: Retroactive credits
  • Some questions for Frithjof Finkbeiner, founder of Plant-for-the-Planet

Recent Comments

  • Arthur Charles Claxton on Graeme Biggar, Director-General of the UK’s National Economic Crime Centre: “There is not a sufficient deterrent for fraudsters and there is insufficient recourse for victims”
  • Chris Lang on Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”
  • Sam on Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”
  • barrywarden on Coronavirus notes #7: How the Colombian government is rolling back social and environment safeguards during the pandemic
  • Chris Lang on Why has the Financial Conduct Authority not taken down the website of the clone scam “Good Investment Advisors”?

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