Controversial deal between US-based conservation NGOs and polluting industry slammed

Photo by AMagill on flickr.com

Last week, an organisation called Avoided Deforestation Partners launched what they blandly describe as “an agreement on policies aimed at protecting the world’s tropical forests”. Under this agreement, “companies would be eligible to receive credit for reducing climate pollution by financing conservation of tropical forests”. It is a loophole allowing industry to write a cheque and continue to pollute. This is another nightmare vision of REDD, similar to that recently proposed by the Australian government. Another similarity with Australia is the support received from what is at first glance a surprising source: big international conservation NGOs.

REDD-Monitor received the following anonymous contribution about the agreement. We reproduce it in full in the hope of generating further discussion about this liaison between conservation NGOs and polluting industry.

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Environmental Defense office invaded in eco-protest against carbon trade

Environmental activists yesterday occupied the Washington DC offices of Environmental Defense (ED), one of the leading architects and NGO advocates of carbon trading. The protest was led by Dr Rachel Smolker, daughter of Robert E. Smolker, a Founder of ED, who said her father would be “rolling over in his grave” at the direction the organisation has taken. Environmental Defence has long argued in favour of REDD forest carbon trading, and has dismissed concerns that this would further weaken already faltering carbon markets. The eco-activists from the Global Justice Ecology Project and Global Forest Coalition said that carbon trading had “utterly failed”.

Scene of the crime: protesters point to links between ED and corporate polluters
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“Frankly the discussions are not progressing at all. I find it extremely unlikely that REDD will favor any individual investment at least in the short-term, if ever. It’s hellishly complicated.” — Pedro Moura Costa, co-founder of EcoSecurities now at E2 Advisors, May 2010

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