Bank pushes ahead on forest carbon market

News|Bretton Woods Project|29 September 2008|update 62|url
print|email |bookmark

In July, the Bank named the first 14 countries for the controversial Forest Carbon Partnership Facility (FCPF, see Update 60): six in Africa (DRC, Gabon, Ghana, Kenya, Liberia, Madagascar); five in Latin America (Bolivia, Costa Rica, Guyana, Mexico, Panama); and three in Asia (Nepal, Lao PDR, and Vietnam). The 14 countries will pilot programmes aimed at "reducing emissions from deforestation and degradation" (REDD). Indonesia had refused participation in the scheme, and Brazil did not apply.

Meanwhile indigenous peoples' groups and NGOS have continued to raise serious concerns about the current design and concept of REDD and are calling for greater recognition and protection for basic human rights in the profusion of REDD initiatives.

The UN has also jumped on the band-wagon, and is planning a cross-agency initiative on readiness for REDD (UN-REDD). Civil society groups are concerned that the proposals do not adequately cover compliance to existing UN human rights obligations.

July saw the release of the International Institute for Environment and Development's report on the Bank's idea for a Global Forest Partnership. The partnership is supposed to reduce deforestation and increase sustainability by linking different forest initiatives under one umbrella. A majority of the 600 surveyed forest experts but suggested the Bank take a more hands off approach, allowing an alliance of smaller groups to emerge from the bottom up.

This text may be freely used providing the source is credited.

This page is: <http://brettonwoodsproject.org/art.shtml?x=562464>

Published: 29 September 2008 , last edited: 29 September 2008

Viewings since posted: 3284

Επίκεντρο η Ελλάδα (Greek language articles)
Με αφορμή την χωρίς προηγούμενο δραστηριότητα του ΔΝΤ στην Ελλάδα, το Βretton Woods Project παρέχει ορισμένα απο τα άρθρα του στα Ελληνικά.  Ελπίζουμε ότι η ανάλυση και οι πληροφορίες θα είναι χρήσιμες για τους‘Ελληνες πολίτες.
http://www.brettonwoodsproject.org/el/