Carbon Discredited: Why the EU should steer clear of forest carbon offsets
June 17, 2013
The N’hambita Forest Carbon Offset Pilot Project, run by the company Envirotrade, and initially funded by European Commission (EC) money, has failed to deliver most of its climate change, development, financial and learning objectives. Envirotrade suggest that emissions have been offset against supposed carbon stores in Mozambique, which they cannot calculate because of the problems inherent in baselines and the impossibility of verifying claimed savings.
The report concludes that the EU should urgently reconsider its position on forest carbon offset projects such as these, and divert any resources planned for offset projects to making real reductions in carbon emissions at source within member states.