Carbon offsetting and REDD
Reducing Emissions from Deforestation and Degradation (REDD+) has become the dominant international forest policy. Variations of REDD+ include Nature-Based Solutions and corporate pledges to achieve Zero Net Deforestation. In reality, though, deforestation continues, polluting companies use REDD+ offsets to avoid reducing their fossil fuel emissions, and zero-net deforestation pledges allow forests to be cleared in one area as long as an “equivalent” area is restored elsewhere.
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27 June 2024
An investigation shows that While companies like the Swedish fast food chain Max Burgers AB sells ‘carbon neutral’ burgers, a carbon offset project in Uganda is pushing families into hunger.
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27 June 2024
A report documents how a tree planting carbon project in Port Loko, Sierra Leone is violating the country’s community rights laws and risks locking families into 50-year contracts. The British oil company BP has already paid USD 2.5 million to Carbon Done Right, one of the companies behind this tree plantation and carbon offset project.
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27 June 2024
An investigation exposed how carbon credits from three of the largest carbon offset projects in the Brazilian Amazon are linked to a criminal operation.
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19 December 2023
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9 March 2021
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14 January 2021
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13 January 2020
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17 May 2019
Oil giants Eni and Shell have both recently announced plans to use trees to offset some of their ever increasing carbon emissions. On May 13th, NGOs put out a statement opposing the oil industry’s attempts to avoid its responsibility for climate breakdown.