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Carbon Trading

Forestwatch Issue 128

  • Can the market fight climate change
  • MEPs question EU targets
  • CAP proposal not enough to protect Europe's biodiversity
  • G8 statement fails to face the Globe's challenges
  • EIB the beneficial bank
  • Shrink your paper footprint
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FERN submission to the Eliasch Review on Avoided Deforestation

FERN submission to the Eliasch Review Questionnaire: Global Forests and Finance Flows.

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Forestwatch issue 123

Bali Special
  • Flawed assumptions in Bali as forests return in the conference table
  • World Bank launch forest funds in Bali despite concerns of a lack of Consultation
  • Proposal on avoided deforestation may undermine FLEGT
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Forestwatch issue 122

  • European Parliament passes resolution to end taxpayers support for fossil fuel projects
  • Bali negotiations on track to fail forests
  • Voluntary Partnership Agreements: Positive signs in the Congo Basin
  • Rural development programmes fail EU biodiversity policies
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Seeing RED; avoided deforestation and rights issues

This briefing explains why the UNFCC Conference in Bali (December 2007) needs to answer certain important questions related to forest governance and forest peoples' rights before negotiating a post-2012 climate agreement that may include forests.
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Forestwatch Issue 120

  • US Congress bill key step in combating illegal logging
  • NGOs urge MEPs to halt agrofuel craze
  • World Bank holds belated consultation
  • CDM Executive Board approves major change favouring plantations
  • UN Special Rapporteur calls for moratorium on agrofuels
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Human rights abuses, land conflicts, broken promises

A new report by WRM of carbon offset projects in Uganda shows a string of human rights abuses linked with carbon trading and that carbon projects undermine development.
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Forestwatch Issue 109

  • EU–Malaysia: VPA negotiations to start
  • Europe’s money to move Turkey away from accession?
  • EU institutions reach DCI agreement
  • New book exposes flaws of carbon trading
  • EPA objections
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Bad for the South, bad for the North, and bad for the climate

New Book Exposes Flaws of Carbon Trading. The book is published by Sweden’s Dag Hammarskjold Foundation together with the international Durban Group for Climate Justice and the UK-based NGO The Corner House.

‘This is the most absurd and impossible market human civilization has ever seen,’ said Indian activist and researcher Soumitra Ghosh, a contributing author on carbon projects in the South. ‘Carbon trading is bad for the South, bad for the North, and bad for the climate.’ ‘ Claims that carbon credits mitigate climate change have not been verified’, added Jutta Kill of FERN, another contributor to the book. Carbon trading impedes positive investment in the South while thwarting popular movements against subsidies for fossil fuel extraction, she said.

In detailed case studies from nine Third World countries, the book shows how carbon offset projects such as those promoted under the Kyoto Protocol’s Clean Development Mechanism (CDM) have had a detrimental impact on local communities. At the same time, they prolong industrialized countries’ excessive pollution of the atmosphere.

Carbon Trading: A Critical Conversation on Climate Change, Privatisation and Power is available for download at http://www.dhf.uu.se A paper edition will be published by the Dag Hammarskjold Foundation in November 2006.
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Carbon Trading: A Critical Conversation on Climate Change, Privatisation and Power

The book Exposes Flaws of Carbon Trading. In detailed case studies from nine Third World countries, the book shows how carbon offset projects such as those promoted under the Kyoto Protocol’s Clean Development Mechanism (CDM) have had a detrimental impact on local communities. At the same time, they prolong industrialized countries’ excessive pollution of the atmosphere.

Carbon Trading: A Critical Conversation on Climate Change, Privatisation and Power is available for download at http://www.dhf.uu.se A paper edition will be published by the Dag Hammarskjold Foundation in November 2006.