Biodiversity Offsetting
The promise to offset biodiversity destruction opens the door for corporations to obtain funding and access land which would otherwise be off limits for large-scale destruction. Promises to recreate or protect habitat of "equivalent" ecological value elsewhere is even opening up protected areas and World Heritage Sites to corporate destruction. Biodiversity offsets therefore create double destruction and exploitation, since corporations control both the territories affected by industrial activities as well as those targeted for offset projects.
A logic that violates indigenous and traditional peoples’ rights while facilitating further deforestation. A compilation of articles from the World Rainforest Movement Bulletin (WRM). October 2019
This study looks at how Compensatory Afforestation is accelerating both, the destruction of forests in India by big corporations and the appropriation of community land for the supposed compensation.