Greenpeace recently released a report which illustrates clearly why REDD offset projects will neither address climate change nor stop deforestation. The report, “Carbon Scam: Noel Kempff Climate Action Project and the Push for Sub-national Forest Offsets“, looks in detail at the Noel Kempff Climate Action Project in Bolivia. The report questions the claims made by the project developers about leakage, additionality, permanence and the ability of the project developers to measure accurately the amount of carbon stored in the forest. In the twelve years of the project, estimates of the emissions reduction have fallen almost 90%, from about 55 million to 5.8 million metric tonnes of CO2.
