More than 9,000 people and 67 organisations have signed on to a letter urging the European Commission to drop its plans for biodiversity offsetting. Biodiversity offsets would “harm nature and people” and “give power to those who destroy nature for profit”, the letter states.
In November 2017, Fern published a report titled, “Unearned credit: Why aviation industry forest offsets are doomed to fail”. The report takes aim at the aviation industry’s planned carbon trading mechanism, the Carbon Offsetting and Reduction Scheme for International Aviation.
The World Forum on Natural Capital started yesterday in Edinburgh, Scotland. It’s a large event, with 500 people from 35 countries taking part. Messages of support came from Nick Clegg MP and Prince Charles.
Until there is an agreement at the UNFCCC level on REDD, carbon credits from REDD projects can only be traded on voluntary markets. Buyers of these carbon credits rely on independent certification schemes to tell the difference between “real” carbon credits and “cowboy” carbon credits.
Two views of California’s new cap and trade programme, both looking at problematic forestry offsets. The first looks into carbon offsets from forestry operations in California. The second looks at the impact of REDD-type projects in Chiapas, Mexico.
A new manual by six Europe-based NGOs calls for an end to forest offsets. The report argues that there are two motivations for forest offsets: “reducing the pressure to do something about fossil fuel emissions and the short term profit motive”.
A year ago, Long Bangan, a Penan village with about 600 people in northeast Sarawak, set up a blockade to stop timber and plantation companies from encroaching further into their land. This was the most recent in a series of blockades since 1987. The head of the village, Unga Paren told Malaysiakini that “Penans will die if the jungle is destroyed.”