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 / Market mechanisms are a false solution to biodiversity loss

Market mechanisms are a false solution to biodiversity loss

NAGOYA, JAPAN, 28 October, 2010 – With only one day of negotiations left at the Convention on Biological Diversity’s summit in Nagoya, Japan, Friends of the Earth International urgently calls on governments to reject false solutions to halt biodiversity loss, such as trading biodiversity credits and other market-based mechanisms.

“It is urgent that the world ministers meeting in Nagoya take immediate action to preserve biodiversity. Nearly half of the world’s forests and around one-third of its species have been lost in the past three decades. The failure to meet the 2010 goals and targets that have been agreed under the Convention on Biological Diversity is unacceptable. But market based mechanisms now being discussed in Nagoya will not address the root problems of biodiversity loss,” said Isaac Rojas, the coordinator for Friends of the Earth International’s Forest and Biodiversity Program.

 

More than 100 representatives of environmental non profit organizations and local communities met in Penang, Malaysia from October 14 to 17 for a conference on Forest, Biodiversity, Community Rights and Indigenous Peoples, organized by Friends of the Earth. They came up with a statement for governments and corporations, asking them to stop the promotion of destructive projects and start taking real action to tackle biodiversity loss. The most important issues addressed in this statement are the commodification of biodiversity and the rights of communities and indigenous peoples.

 

One of the false solutions on the agenda for discussion in Nagoya is the Green Development Mechanism (GDM), modeled after the destructive Climate Development Mechanism, developed within the climate change negotiations. This market based scheme would create tradable biodiversity credits and make it possible to offset biodiversity and ecological loss instead of preventing it.

 

“We cannot and should not rely on market mechanisms to do the job that governments should be doing. Commodification and privatization of nature and biodiversity are false solutions. Biodiversity is not for sale. Existing financial incentives usually harm biodiversity conservation rather than supporting it, and often violate the rights of local communities,” said Isaac Rojas.

 

For a copy of the statement, please contact Marlijn Dingshoff, media coordinator Friends of the Earth International at media@foei.org

 

FOR MORE INFORMATION

Isaac Rojas, coordinator of the Friends of the Earth International Forests and Biodiversity Program: isaac@coecoceiba.org or tel: + 506 22686039 and mobile +506 83383204

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