Left UN-said: the flawed analysis behind UN-REDD

In September 2008, the United Nations launched its UN-REDD programme. According to information released by the UN “Nine countries have already expressed formal interest in receiving assistance through the UN-REDD Programme: Bolivia, Democratic Republic of Congo, Indonesia, Panama, Papua New Guinea, Paraguay, Tanzania, Viet Nam, and Zambia.”

A “Framework Document” dated June 2008 provides more detail about the programme. The analysis presented raises several concerns with UN-REDD, but what is far more worrying is what is excluded from the Framework Document.
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UN and Norway launch REDD programme

In September 2008, the UN and Norway launched a UN-REDD programme. The press release is below. It’s interesting to look at what they are saying about Indonesia: “Indonesia has the potential to be compensated $1 billion a year if its deforestation rate was reduced to one million hectares annually.” Indonesia has a total of 104 million hectares. With a deforestation rate of one million hectares a year, in 100 years there would be no more forest in Indonesia and the government would be paid US$104 billion.
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reddisms:

“Instead of credit derivatives or oil futures or mortgage-backed CDOs, the new game in town, the next bubble, is in carbon credits — a booming trillion-dollar market that barely even exists yet, but will if the Democratic Party that [Goldman Sachs] gave $4,452,585 to in the last election manages to push into existence a groundbreaking new commodities bubble, disguised as an ‘environmental plan,’ called cap-and-trade.” — Matt Taibbi, Rolling Stone, July 2009

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