- 11/18/15: Double-counting: What if both Brazil and California want Acre’s REDD credits?
- 11/18/15: La REDD+ et sa finance carbone ne résoudront pas la crise climatique
- 11/18/15: REDD and carbon trading will not resolve the climate crisis
- 07/24/15: The Rio de Janeiro Green Exchange (BVRio): Trading away Brazil’s forests
- 07/24/15: Pope Francis rejects carbon trading
Attac Gabon and GRAIN
As with other mechanisms supported by “world climate governance”, we doubted from the beginning that the Reduction of Emissions caused by Deforestation and the Degradation of Forests (REDD) mechanism would be likely to resolve the global climate crisis, ever since it was introduced in discussions on climate change. Now more than ever, the hidden face of this mechanism is revealed with the new market mechanism that is being devised and that may be adopted at the COP 21 in Paris in December 2015. The ground is a good place to sequester carbon, and speculators, businesses and multinationals see a great opportunity to make money and increase their profits. This time, real damage can be done. Very serious damage, because this time, the stakes are high; agriculture has become another target of the carbon trade.
Agriculture, which has been relegated to a minor role in these negotiations on climate change for some years, has reappeared, obviously not to the advantage of the people but to benefit the carbon trade and the world financial system. A few welcome the renewed focus, but it poses a problem for the rest of us.
Next week sees the 13th meeting of the World Bank’s Carbon Fund, under its Forest Carbon Partnership Facility. Cameroon is one the countries that will be presenting its Emission Reductions Program Idea Note (ER-PIN).
A group of local and international NGOs have analysed the ER-PIN and submitted their comments. They are concerned about both the process of producing the ER-PIN and its content. They recommend that the Carbon Fund should reject the ER-PIN:
In light of the significant shortcomings and risks identified in the proposed ER-PIN, we strongly recommend to the Carbon Fund participants do not endorse it at the 13th Carbon Fund meeting.
A new publication by GRAIN and the World Rainforest Movement (WRM) looks at the dangers for peasant communities from one of the main carbon market mechanisms on the table at the upcoming UN summit on climate change in Paris.
Governments will meet this December at the 21st UN summit on climate change in Paris. As in previous years, proposals that allow a way out for those countries unwilling to sufficiently reduce fossil fuel consumption will be high on the agenda of COP 21. REDD+, a mechanism to reduce emissions from deforestation and forest degradation, is one of these proposals that proponents hope will be included in the final agreement expected from the summit.
Durban, South Africa, September 9, 2015
We, local communities, peasants movements, Indigenous Peoples and civil society organizations from Africa and all over the world, call upon the United Nations, the World Forestry Congress, the Food and Agriculture Organization (FAO), the World Bank and states to reject top-down forms of development, including false solutions to climate change and forest and biodiversity conservation that only serve the dominant market economy.
We are united to oppose and reject the commodification, privatization and plunder of Nature, which include REDD+ and other market-based mechanisms including biodiversity and conservation offsets that put profit above the well being of humanity and the planet.
These mechanisms include the “financialization of nature,” which commodifies, separates and quantifies the Earth’s cycles and functions of carbon, water, forest, fauna and biodiversity – turning them into “units” to be sold in financial and speculative markets. However, Mother Earth is the source of Life, which needs to be protected, not a resource to be exploited and commodified as a ‘natural capital.’