2010 press releases
Cancun package merely prevents collapse and leaves kyoto protocol on life support
governments urged not to rush into redd deal and focus on effective forest conservation
World Bank should stay out of carbon markets and climate finance
cancun week 2: friends of the earth international analysis
nnimmo bassey to receive 'alternative nobel prize'
the people’s voices: mobilizations in cancun
rich countries must reject any secret text that puts in place process that could kill kyoto
Japan threatens progress at climate talks in Cancun
Forest deals set to harm the environment and reward corporate investors
Governments urged to turn away from carbon trading at climate talks
EUROPE'S BIOFUELS PLANS DRIVING SOCIAL AND ENVIRONMENTAL DESTRUCTION
GLOBAL DAY OF REMEMBRANCE: 15TH ANNIVERSARY OF KEN SARO-WIWA'S MURDER
UN ADVISORY GROUP ON CLIMATE FINANCE REPORT FALLS FLAT
high level advisory group on climate change must avoid pitfalls
Market mechanisms are a false solution to biodiversity loss
CLIMATE CHANGE: RICH NATIONS BACKTRACKING
Climate Talks : Developed Countries Must Stop Stalling
'Alternative Nobel Prize' Awarded to FoEI Chair Nnimmo Bassey
HEADS OF STATE MUST TAKE FIRM STEPS TO HALT BIODIVERSITY LOSS
TREE PLANTATIONS CAUSE GRAVE PROBLEMS
WORLD BANK LAND GRAB REPORT COMMENT: BIOFUELS CAUSE LAND GRABS
Biofuels for Europe driving land grabbing in Africa
OUTRAGE AT SHELL-FUNDED UN REPORT ON NIGERIA OIL SPILLS
un climate talks: developed nations strangle hope of progress
eu-brazil biofuels deal: "land-grabbing charter"
g20 summit: leaders should aim for 'robin hood tax'
US actions in Bonn threaten strong and just climate agreement
Launch of 'responsible soy' label faces global opposition
Developed countries attempt to launder aid money through World Bank and call it 'climate funds'
Fairness must guide Bonn climate talks: UN must not cede to weak US proposals
biodiversity lost at unprecedented rate
european union complicit in human right violations in latin america
European Transnationals Accused of Rights Violations in Latin America
2010 photo competition winners announced
world bank accused of promoting land grabbing
Bolivian Government Increases its Moral Authority on Climate Change
friends of the earth swaziland director wins prestigious goldman prize
BOLIVIAN CLIMATE CONFERENCE SIGNALS HOPE
FAO Accused of Favouring Polluting Industrial Agriculture
GM crops failing to tackle climate change
'Solidarity and Movements' Photo Competition Starts Today
2010 BIODIVERSITY YEAR: URGENT ACTION NEEDED
 
You are here: Home / Media / Archive / 2010 / Forest deals set to harm the environment and reward corporate investors

Forest deals set to harm the environment and reward corporate investors

Cancun, 29 November 2010 - Dangerous forest projects are being established in tropical rainforest countries, in anticipation of agreement on reducing deforestation at the UN climate talks, a new Friends of the Earth International report shows today. The report comes on the first day of the UN climate talks.

The Friends of the Earth report - "REDD: the Realities in Black and White" - reveals that new projects being readied in expectation of an agreement on "Reducing Emissions from Deforestation in Developing Countries" (REDD) are set to do more harm than good.

 

The case studies from Friends of the Earth member groups around the world clearly show that indigenous peoples and local communities are being marginalised in the development of these schemes. Meanwhile corporations and major investors are intent on reaping huge financial rewards at the cost of local communities. Large transnational corporations including BP, Shell and energy companies are honing in on REDD as a new business opportunity.

 

Many of the projects on the ground and most of the proposals in the UN talks link REDD to carbon markets. This would also allow the privatisation of forests to generate carbon credits so that rich industrialised countries could buy the right to pollute.

 

Furthermore, these pilot projects and a weak UN definition of forests could allow continued logging and the replacement of old growth natural forests with industrial tree plantations.

 

Friends of the Earth International Climate Justice Program Coordinator Joseph Zacune said:

 

"Governments are promoting dangerous proposals on forests through the UN climate talks which would imperil communities and the environment.  These case studies show that a race is underway by corporate investors to profit from forestry schemes which will do nothing to reduce emissions and would harm local communities."

 

-ends-


NOTES

1. The Friends of the Earth International report launch coincides with the first day of the 16th Conference of the Parties (COP 16) of the United Nations Framework Convention on Climate Change (UNFCCC) will be meeting in Cancún, Mexico, from 29 November to 10 December 2010.

 

2. Friends of the Earth International's "REDD: the Realities in Black and White" is available in various language versions at:

 

www.foei.org/redd-realities (English)

www.foei.org/redd-realities-fr (French)

www.foei.org/redd-realities-sp (Spanish)

www.foei.org/redd-realities-pt (Portuguese)

 

3. For more background information on the threats from the talks on Reducing Emissions from Deforestation in Developing Countries, please see our REDD Myths report: www.foei.org/publications/redd-myths

 

4. For interviews please contact:


Joseph Zacune + 44 7967877593 (UK mobile)


Isaac Rojas, Friends of the Earth International Forest and Biodiversity

program coordinator + 52 1 998 108 0339 (Mexican mobile)

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