REDD-Monitor’s links to news on forests, climate change and REDD. Links are organised by date with the most recent first. For regular updates, visit REDD-Monitor’s “REDD in the news” page, or follow @reddmonitor on Twitter.
A few weeks ago, REDD-Monitor took a look at how the Asian Development Bank appears to have changed its tune on REDD. In 2010, the ADB was promoting the region’s “huge potential to benefit from REDD+”, but by 2015 the ADB acknowledged the “considerable uncertainty about the actual contribution that REDD will make”.
“Conservation efforts in the Congo Basin are mostly failing to protect forests and biodiversity, having serious negative impacts on local populations, and for these reasons are probably unsustainable.”
REDD-Monitor’s weekly round up of the news on REDD, forests, and climate. The links are organised by date (click on the title for the full article). For past REDD in the news posts, click here. (Apologies for the late REDD in the news post this week – delicious.com has been down for a couple of days.)
Beta Commodities Limited was a boiler room operation that cold called retail investors and scammed them into buying carbon credits as investments. The company’s director James Michael Cable has now been disqualified as a director for 14 years.
On 5 February 2013, Asia Pulp and Paper announced a Forest Conservation Policy. This included an immediate stop to clearing forest in any concessions controlled by APP and its suppliers. It was a dramatic change in policy for a company that is responsible for destroying vast areas of forest in Indonesia.
Over the weekend, someone called Lee Hales contacted REDD-Monitor. Hayes wants to speak to investors who have been scammed into buying carbon credits as investments. I wouldn’t trust Hayes, or his company Prestige Investment Group Limited, as far as I could throw them.
“We have to reduce emissions from deforestation if we’re to prevent catastrophic climate change,” WWF argues on its website. At a first glance, it seems like a no-brainer. Forests store an awful lot of carbon. When forests are cleared for cattle ranching, or to make way for oil palm plantations, the carbon dioxide goes back into the atmosphere.
Last week, REDD-Monitor looked at the aviation industry’s plans to offset its ever-growing emissions using REDD credits. Kevin Conrad and the Coalition for Rainforest Nations are behind the plan. It’s supported by nine mainly US-based NGOs. And it’s opposed by more than 80 NGOs internationally.
On 31 December 2015, Accreditation Services International terminated SGS Malaysia’s accreditation with the Roundtable on Sustainable Palm Oil. REDD-Monitor wrote about this in February 2016: “Transparency and the Roundtable on Sustainable Palm Oil: Why was SGS Malaysia’s accreditation terminated?” Neither RSPO nor ASI were willing to explain why SGS Malaysia’s accreditation had been terminated.