REDD-Monitor

In the short report below, we provide some insights from the Forest Peoples Programme into the much-heralded ‘Payment for Ecosystem Services’ initiative which has been set up by a company called Canopy Capital, in the rainforests of Guyana. The project at Iwokrama has been lauded as ‘an historic deal’, and has gained much international attention, not the least through the support shown for this kind of venture by His Royal Highness the Prince of Wales, Prince Charles. However, doubts about the scheme have been growing, and it may not be quite the ‘model’ it appears.
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Conservation campaigners were misled into believing that the Worldwide Fund for Nature (WWF) supported the inclusion of ‘avoided deforestation’ credits within the the European Emissions Trading Scheme (ETS) ahead of Tuesday’s vote in the influential Environment Committee of the European Parliament. In a message sent out on a widely used eco-activist mailing list, Andrew Mitchell of the Global Canopy Programme claimed that WWF supported his organisation’s campaign for tradeable forest credits to be included in the ETS, and asked readers to write to Members of the European Parliament urging them to agree to this. In fact, WWF had made it clear that they opposed such credits.
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