REDD and Zero Deforestation Pledges
Reducing Emissions from Deforestation and Degradation (REDD+) has become the dominant international forest policy. Variations of REDD+ include Nature-Based Solutions and corporate pledges to achieve Zero Net Deforestation. In reality, though, deforestation continues, polluting companies use REDD+ offsets to avoid reducing their fossil fuel emissions, and zero-net deforestation pledges allow forests to be cleared in one area as long as an “equivalent” area is restored elsewhere.
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Oil giants Eni and Shell have both recently announced plans to use trees to offset some of their ever increasing carbon emissions. On May 13th, NGOs put out a statement opposing the oil industry’s attempts to avoid its responsibility for climate breakdown.