Carbon offsetting and REDD
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.
A call to Brazilian society and the peoples of the world to defend the territories from capitalism and its new “green” onslaught.
We call on organizations to sign this open letter before this Friday 6th of November!!!
That is the message from more than 80 organisations to the GCF Board on 17 August 2020. The organisations call on the Board to reject in particular two requests for so-called “Results-Based Payments” for deforestation supposedly reduced years ago.
We invite organisations to sign until Monday, 17 August. The letter urges the GCF Board to reject in particular two requests for so-called “Results-Based Payments” from the goverments of Indonesia and Colombia.
This is good news for forests, forest peoples and the climate because the IFC proposal aimed at subsidizing a carbon market for private sector REDD+ project credits for which there is neither demand nor justification.
More than one hundred organisations signed this open letter to members of the Green Climate Fund Board. The Board will be meeting from 12 to 14 November 2019, and will decide on a number of funding requests related to REDD+.
