Indonesia contributes more greenhouse gases from forest destruction and degradation than any other country. The solution, trumpeted since 2007 at the UN climate meeting in Bali, is supposed to be REDD.
Back in May 2008, in an article titled, “What Would It Cost to Save Nature?”, German magazine Der Spiegel announced the dawning of “A new age of conservation”.
For the first time, a value is being assigned to forests, plants and coral reefs, a value that makes them worthy of protection. It is nothing short of a paradigm shift in the environmental movement.
Over the past ten years, Norway has handed out almost US$3 billion (NOK 23.5 billion) on stopping tropical deforestation. On 15 May 2018, the Office of the Auditor General completed its investigation into Norway’s International Climate and Forest Initiative. The report is critical.
Norway has spent NOK 1 billion on saving the rainforest in the Democratic Republic of Congo. But deforestation in DRC is increasing rapidly. On 12 May 2018, Dagsrevyen, the Norwegian Broadcasting Corporation’s daily news programme reported on Norway’s failure to address deforestation in DRC.
In December 2007, Norway’s then-prime minister Jens Stoltenberg launched Norway’s International Climate and Forest Initiative (NICFI). Stoltenberg announced that Norway would be handing out more than US$500 million a year “to prevent deforestation in developing countries”. Stoltenberg was convinced that stopping deforestation would be quick and cheap.
On 19 April 2018, a company called BAP Industries of Guatemala announced that it had signed a 10 year Bamboo Purchase Agreement with EcoPlanet Bamboo. Under the agreement, BAP Industries agreed to buy bamboo from EcoPlanet Bamboo’s plantations in Nicaragua.