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In August 2011, Irwandi Yusuf, governor of Aceh, signed a permit for a palm oil concession in the Tripa Peat Swamp, part of the Leuser Ecosystem, that Wetlands International describes as “an area of outstanding, world-renowned biodiversity value”. The permit would allow PT Kallista Alam to convert 1,605 hectares of forest.
A recently released booklet, “No REDD Papers, Volume 1” (pdf file 2.5 MB), includes a list of 10 of the worst REDD-type projects affecting indigenous peoples. The booklet was produced by Carbon Trade Watch, Global Justice Ecology Project, Indigenous Environmental Network, Justseeds Artists’ Cooperative and Timberwatch Coalition.
Andrew Steer, the World Bank’s Special Envoy for Climate Change, was asked in June 2011 what he thought would make the upcoming UN climate meeting in Durban a success? His response provides a fascinating glimpse into how the world is utterly failing to deal with the coming climate catastrophe.
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.
Here, as promised on Friday, is my presentation from last month’s meeting in Bangkok about carbon markets in Southeast Asia. My presentation contrasts the way the UN Environment Programme Finance Initiative and others still promote carbon trading despite the fact that the carbon markets have been in the doldrums for well over two years.
Last month, I took part in a meeting in Bangkok about carbon markets in Southeast Asia. Much of the discussion during the meeting involved the complexities and details of the Clean Development Mechansim, but the two points in the headline came across clearly.
“It has long been a fact: Norway is saving rainforest with one hand and destroying the rainforest with the other,” wrote Lars Løvold of Rainforest Foundation Norway recently. The problem is that while Norway has promised billions to save the rainforest, the Government Pension Fund Global (GPFG) is investing in companies that are destroying the rainforests.
In this series of articles, published in the newsletter of the Commonwealth Forestry Association, Janette Bulkan looks at the issue of governance and illegal logging in the forest sector in Guyana, in the context of the REDD agreement with Norway.
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.
How can a company use the fact that it is one of largest forest destroyers in Indonesia to benefit from REDD? Easy. The very fact that the company is so destructive means that any forest in the company’s concessions is automatically threatened. So any patch of forest left standing must, by definition, be avoided deforestation.
The “ultimate goal is to jump-start a forest carbon market”, the World Bank announced in 2007, at the launch of the Forest Carbon Partnership Facitily. A “jump-start” is a way of starting a car with a flat battery. After four years of trying, perhaps it’s time to accept the fact that there’s no point jump-starting the forest carbon car when the wheels have fallen off.
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.
“Secondary forests are a major terrestrial carbon sink and reliable estimates of their carbon stocks are pivotal for understanding the global carbon balance and initiatives to mitigate CO2 emissions through forest management and reforestation.” This is the first sentence of a recently published paper in Forest Ecology and Management.
“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.
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. |
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