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UN-backed deforestation carbon credits failing: study

Only a small fraction of the forest-based carbon credits that companies and governments have purchased to offset their greenhouse gas emissions actually help prevent deforestation, according to new research.Earlier this year Zimbabwe sent a shudder through the forest-based offsets market by announcing it would appropriate half of all the revenue generated from offsets on its land, exposing yet another vulnerability. ....

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Carbon offsets from forest conservation projects have been overestimated

Carbon offsets from forest conservation projects have been overestimated
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Julia Jones , Simon Lewis , Reduced Emissions , Forest Degradation , Thales West ,

Carbon offsets from forest conservation proje

A new analysis reveals that emission reductions from forest conservation projects – sometimes used to “offset” carbon emissions from other sources – have been overestimated. According to a new study, many REDD+ (Reduced Emissions from Deforestation and Forest Degradation) programs have not significantly reduced deforestation, and those that did had benefits substantially lower than have been claimed. “The implications of [the study’s] findings are far reaching,” write Julia Jones and Simon Lewis in a related Perspective. “Misleading offsets carry negative consequences for the climate because they are not offsetting the emissions release, for forest conservation because they are not reducing deforestation as much as claimed, and for the future finance of forest conservation because the reputational risks of being tainted by accusations of greenwash may deter future investments.” Some private companies, individuals, and governments offset their carbon emissions by inves ....

Simon Lewis , Julia Jones , Reduced Emissions , Forest Degradation , Thales West ,