Pricing Nature
There is a long history of putting a price on parts of nature. The centuries-old corporate rush for prized timber and land has led to the loss of forests on a large scale and the violation of communities’ rights. So-called "ecosystem services," such as the role that forests play in ecosystems, are a new way of monetizing and trading in nature. The result is greater dispossession of forest-dependent communities and ongoing corporate destruction of community territories.
Other information
22 March 2022
An article from Mongabay news portal alerted the announcement of French oil giant Total Energies for developing a 40,000 hectare monoculture plantation in the savannahs of the Republic of Congo to offset its emissions.
Bulletin articles
14 May 2019
BIOFUND, a conservation fund to finance protected areas in Mozambique—with support from the World Bank, international cooperation and conservation NGOs—intends to use biodiversity offsets to obtain resources and speculate in financial markets.
Other information
9 December 2014
Publications
11 December 2010
The forest of the Congo Basin expands over an area of continuous tropical rainforest cover only second to that of the Amazon forest. Those forests are currently receiving a lot of attention within the Climate Change negotiations.