EcoPlanet Bamboo, according to the company’s website, “is leading the industrialization of bamboo as a viable and environmentally attractive alternative fiber.” The company claims to have established bamboo plantations in Nicaragua, South Africa, and Ghana.
A two day meeting is currently taking place at the Columbia Law School in New York of the Private Sector Advisory Group to the Green Climate Fund. On the agenda is the Green Climate Fund’s funding of forestry projects.
The rate of deforestation in the Amazon increased by 22% between August 2017 and May 2018 compared to the same period the previous year, according to figures published by IMAZON, a non-profit research institute. Forest degradation is up by 218%. In June 2018, deforestation reached an area of 1,168 square kilometres – the highest monthly area since Imazon started monthly deforestation reports in April 2007.
In June 2018, the Council of the International Civil Aviation Organisation (ICAO) approved rules and standards for its planned carbon trading scheme, the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). We are sleepwalking into a climate disaster.
Last month saw the Oslo Tropical Forest Forum 2018, 10 years after REDD was included in the Bali Road Map, at the UN climate negotiations in December 2007. “The goal of the forum is to celebrate results and identify remaining challenges,” according to the Norwegian Agency for Development Cooperation’s website about the event.
A recent study looks at the costs to local communities of the Ankeniheny-Zahamena Corridor REDD project in eastern Madagascar. “Conservation restrictions result in very significant costs to forest communities,” the study concludes.