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.
The FSM-REDD project has sold carbon credits to offset programs for at least two airline companies. Yet behind this is an increase in deforestation in the region, a history of land grabbing, the use of certifications that no longer exist and unfulfilled promises to local communities.