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.

Other information 15 May 2019

Chiefs and leaders of indigenous peoples in Acre published a letter addressed to the governments of Germany and California, reporting that millionaire funds are coming to the state of Acre for REDD and PES payments, without transparency and benefiting few indigenous people.

Bulletin articles 20 January 2000