“Carbon will be the world’s biggest commodity market, and it could become the world’s biggest market over all,” Louis Redshaw, head of environmental markets at Barclays Capital, told the New York Times in July 2007.
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Last month, 29 NGOs and indigenous peoples organisations from 14 countries wrote to the World Bank’s Forest Carbon Partnership Facility expressing their concern that the World Bank is rushing through its REDD readiness process.
A round up of the week’s news on REDD, in chronological order with short extracts (click on the title for the full article). REDD-Monitor’s news page (REDD in the news) is updated regularly.
UN-REDD is inviting comments on a third draft of its social and environmental principles and criteria. This is part of a comments process that has been going on since March 2011. Comments on the most recent draft are invited between 15 October and 31 December 2011.
In September 2011, the 64th Annual UN DPI/NGO Conference took place in Bonn, Germany. About 1,500 people from 70 countries turned up. On the third day of the meeting, a remarkable thing happened. Not a single participant at the conference put up their hand to disagree with a declaration which promotes REDD as a carbon trading mechanism.
A round up of the week’s news on REDD, in chronological order with short extracts (click on the title for the full article). REDD-Monitor’s news page (REDD in the news) is updated regularly.
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 round up of the week’s news on REDD, in chronological order with short extracts (click on the title for the full article). REDD-Monitor’s news page (REDD in the news) is updated regularly.
A round up of the week’s news on REDD, in chronological order with short extracts (click on the title for the full article). REDD-Monitor’s news page (REDD in the news) is updated regularly.
A new report by Global Witness reveals two conflicting views of REDD. First, forests are near the top of the global political agenda and REDD is an “unprecedented opportunity” to address deforestation. Second, “The potential for criminality is vast and has not been taken into account by the people who set it up,” as Interpol’s Peter Younger pointed out in 2009.
A round up of the week’s news on REDD, in chronological order with short extracts (click on the title for the full article). REDD-Monitor’s news page (REDD in the news) is updated regularly.
In a recent draft report, the World Bank writes that “The value of transactions in the primary CDM market declined sharply in 2009 and further in 2010 … amid chronic uncertainties about future mitigation targets and market mechanisms after 2012.”
A round up of the week’s news on REDD, in chronological order with short extracts (click on the title for the full article). REDD-Monitor’s bookmarks are updated regularly.
On 21 September 2011, the World Day against Monoculture Tree Plantations the No REDD Platform released “an open letter to the international donor community to halt the diversion of forest conservation funding to dubious schemes to ‘Reduce Emissions from Deforestation and Forest Degradation and enhance forest carbon stocks’ (REDD+).”
A round up of the week’s news on REDD, in chronological order with short extracts (click on the title for the full article). REDD-Monitor’s news page (REDD in the news) is updated regularly. |
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