Carbon Trade Watch: REDD+: Factsheets and Statements

Carbon Trade Watch: Newsletter 2011, No.2
In this issue:

1. REDD+: Factsheets and Statements
2. NEW PUBLICATIONS: Books, booklets and articles
3. MULTIMEDIA: Website and Presentations

1. REDD+: Factsheets and Statements

Factsheet: Key arguments against REDD+.

This factsheet outlines some key arguments that explain why the Reducing Emissions from Deforestation and Degradation (REDD) scheme should not be considered as a solution to climate change, while stressing how REDD is bad news for the forests, for the climate and for the people.

Factsheet:Some Key REDD+ Players

REDD rewards polluters with carbon credits, allowing them to elude their responsibility to reduce emissions at source. There are billions of dollars at stake and REDD-type projects have already resulted in land grabs, jailings and threats to cultural survival. This factsheet is an overview of some of the key players who are behind designing, implementing and profiting from REDD.

An invitation to sign the position on Women and REDD

REDD+ as currently designed will contribute to a global land grab of communities’ and Indigenous Peoples’ lands and territories, which will particularly affect women, states a position signed by women and organizations that denounces REDD as another false solution for climate change.

2. NEW PUBLICATIONS: Books, booklets and articles

Caught in the cross-hairs: how industry lobbyists are gunning for EU climate targets
In June 2011, the European Council will discuss a new low-carbon Roadmap, while the Parlaiment will discuss raising the EU’s emissions reduction target to 30 per cent by 2020. These measures are not enough and, in the case of the Roadmap, set out a path that is riddled with “false solutions” to climate change. But the lobbyists’ efforts have made matters worse. This report, produced jointly with Corporate Europe Observatory, shows how BusinessEurope, the European employers’ confederation; the European Chemical Industry Council (CEFIC) and the European Confederation of Iron and Steel Industries (Eurofer) have launched a bullying campaign to prevent a rise in climate targets and other steps.

More is less:a case against sectoral carbon markets

This report critically examines the reasons behind and potential consequences of creating new carbon market mechanisms. In particular, it focuses on “sectoral” carbon markets, which would move beyond the project-by-project basis of the CDM and issue carbon allowances in relation whole sectors of the economy.

Africa’s pollution and land grab threat from UN carbon market

The United Nation’s carbon offset mechanism is incentivising pollution and could lead to a land grab for industrial biofuels, tree plantations, genetically modified crops and biochar projects in Africa. This briefing by the Gaia Foundation in collaboration with the African Biodiversity Network, Carbon Trade Watch, Timberwatch Coalition and Biofuelwatch, examines the experience and prospects for the United Nation’s Clean Development Mechanism (CDM) across the continent.

EU Emissions Trading System: failing at the third attempt

Emissions trading is the European Union’s flagship measure for tackling climate change, and it is failing badly. The third phase of the scheme, beginning in 2013, is supposed to rectify many the system’s the failures to date. This joint briefing from Carbon Trade Watch and Corporate Europe Observatory shows that it will continue to rewarded major polluters with windfall profits, while undermining efforts to reduce pollution and achieve a more equitable and sustainable economy.

“Forests in Exhaustion”: a new CDM proposal to subsidise industrial plantations

The proposal to include “forests in exhaustion” in the Clean Development Mechanism would offer a new means to subsidise industrial tree plantations. In joint submission to the UNFCC, the World Rainforest Movement and Carbon Trade Watch presents key four arguments against this proposal, as well as a bibliography of related publications.

World Bank Partnership for Market”> begins push for new carbon markets

The World Bank is busily encouraging “middle income” countries to create new carbon trading schemes. Its new Partnership for Market Readiness is now up and running, with initial grants made to Chile, China, Columbia, Costa Rica, Indonesia, Mexico, Thailand and Turkey.

Fraud and scams in the EU Emissions Trading System

In addition to over-allocation, windfall profits and the more fundamental problems with the EU ETS, other scandals have taken centre stage recently. In 2010, reports of more sophisticated forms of corruption have demonstrated that when ‘buying’ and ‘selling’ a sham commodity, the possibilities for fraud are endless.

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