Biodiversity Offsetting

The promise to offset biodiversity destruction opens the door for corporations to obtain funding and access land which would otherwise be off limits for large-scale destruction. Promises to recreate or protect habitat of "equivalent" ecological value elsewhere is even opening up protected areas and World Heritage Sites to corporate destruction. Biodiversity offsets therefore create double destruction and exploitation, since corporations control both the territories affected by industrial activities as well as those targeted for offset projects.

Bulletin articles 15 December 2024
“We declare our opposition to the mining project” - that is the message from the community of Sainte Luce to QIT-Madagascar Minerals (QMM) and Malagasy authorities. The community declared their opposition to the company's intentions to mine ilmenite – a mineral used in white paint and plastics, among other products – as this would destroy their lands and fishing grounds. They made their position clear in a letter and video testimonies, which they delivered to the Rio Tinto subsidiary and authorities in December of 2023.
Bulletin articles 27 September 2021

Suzano, the world’s largest producer of eucalyptus pulp, is seeking to intensify its operations with so-called ‘green bonds’ as a way to finance its expansion projects.

Bulletin articles 18 May 2021

The mining sector seeks to gain legitimacy and expand its frontiers of accumulation and territorial control. It does so using a discourse of sustainability and by investing in so-called “nature-based solutions.

Bulletin articles 18 May 2021

This text shares reflections that emerged from our discussions with women impacted by Green Economy projects in Brazil.

Bulletin articles 24 September 2020

The tens of millions of euros that the government of Acre received from the German government for its REDD+ program failed to stop deforestation. Despite this fact several Brazilian states continue to receive funds from the German government.

Bulletin articles 25 November 2019

Australian company Base Resources was allowed to destroy the Mikea Forest as long as it established an offset project, which, in turn, would impose far-reaching restrictions on communities to access their land and forests.

Bulletin articles 14 May 2019

While the destruction of forest territories continues, more pledges, agreements and programs are being implemented in the name of ‘addressing deforestation and climate change’.

Bulletin articles 23 August 2017