GRAIN explains how the infamous Article 6 of the UN Paris Agreement on climate change is creating a rush for governments in the global South to set up carbon offset schemes. Citing bilateral deals signed by the city-state Singapore with Ghana and Paraguay, the article shows how deals like these are likely to result in more harms to communities in the global South while they help big polluters to avoid reducing emissions. GRAIN writes that even before carbon credits under Article 6 started to come online in a serious way, over 9 million hectares of lands in the global South were already seized for projects aiming to produce carbon credits through planting of trees and other crops. Warning that “the rush for community land could get far worse,” the article calls on communities, climate justice groups and social movements to resist this push for this international trade in carbon credits. The article is available in, Spanish, French and English here.
GRAIN explains how the infamous Article 6 of the UN Paris Agreement on climate change is creating a rush for governments in the global South to set up carbon offset schemes.