The Green Economy

For a long time, WRM, along with other organizations and social movements, has denounced the certification of projects that are destructive to forests and their web of life. These projects have also proven to be detrimental to communities living in and depending on forests. The Forest Stewardship Council (FSC) certification not only legitimates industrial logging in tropical forests and vast areas of monoculture plantations, but has also been associated with carbon markets, by certifying trees planted for “carbon capture".

The India Climate Justice collective has published the third issue of the Mausam magazine aiming to facilitate constructive and creative debates on climate issues. It attempts to connect these issues to local struggles over natural resources, fossil fuel extraction, lands, livelihoods and food sovereignty.

Due to the UN climate negotiations -COP20- and the Peoples' Summit on Climate Change, held in Lima, Peru, in December 2014, over 100 organizations and social movements made a Call to Action to strongly and collectively reject REDD+ and the 'environmental services' - towards the COP21 in Paris, France, in December 2015.

For several years now the Food and Agriculture Organization of the United Nations (FAO) has celebrated the International Day of Forests on March 21. This year’s theme is: “Forests, Climate, Change.” But the changes we see that the FAO promotes only increase the problems of the peoples who depend on forests, such as the trend in Southern countries, like China, Malaysia, Brazil and Chile, to promote commercial plantations of genetically engineered trees.

The Global Alliance for Climate-Smart Agriculture was launched on September 2014, at the UN Climate Summit in New York. This alliance is the outcome of years of determination by FAO and the World Bank to get the concept of “climate-smart agriculture” onto the international agenda, together with the ideological context and policies it implies.

30 years ago, during FAO's World Forestry Congress in Mexico in June 1985, the Tropical Forestry Action Plan (TFAP) was adopted as the new international framework for forest-related action (1). In November of the same year, representatives of bilateral and multilateral donor agencies, supported by some international NGOs, also accepted the TFAP (later renamed into Tropical Forests Action Programme) as a framework for their bilateral and multilateral activities and funding related to tropical forests.

The video by Radio Mundo Real on Financialization of Nature was produced in collaboration with the Biodiversity Alliance, Friends of the Earth Latin America and the Caribbean and the World Rainforest Movement. The video attempts to explain what financialization of nature is, what mechanisms it employs, what it does in the territories, its impacts and the resistance it generates.

The meaning of the term “safeguards” depends on who uses it and in what context. It may imply positive action in terms of human rights or the environment, or it may simply be a rhetorical flourish aimed at preventing losses of investments and profits. Nowadays there is much talk around the world about safeguards for the implementation of REDD+ (Reducing Emissions from Deforestation and Forest Degradation) projects, conservation, sustainable forest management and increasing forest carbon stocks. (1)

What is nature worth? How much profit can it report? At a time when biodiversity is critically threatened, this documentary reveals how banks and private investors are increasingly converting natural resources into objects of financial speculation. “Nature, le nouvel eldorado de la finance” (“Banking Nature”) shines a spotlight on the mechanisms of a nascent system that could end up as a manifestation of global hypocrisy.