GFC’s submission to the UNFCCC call for Parties and accredited organizations on modalities and procedures for financing results based-actions and activities related to decision 1/CP.16, paragraphs 68-70 and 72. This paper is the outcome of the Ad Hoc Working Group on Long Term Cooperative Action and was prepared by the CBD Alliance; it will focus on some of the risks of the so-called ‘innovative financial mechanisms” and will analyze some of their social risks, but also elaborate on the economic sustainability and feasibility of some of the mechanisms proposed. Moreover, the paper will discuss alternative strategies to mobilize new and additional financial resources to support biodiversity conservation in developing countries.
Carbon Credits Under Fire – Myanmar, Crimes Against Humanity, and the Crisis of Credibility Facing the UN’s “High-Integrity” Carbon Markets
Download the report Read the press release The Global Forest Coalition, Myanmar Policy Institute, Plan 1.5, Biofuelwatch and Gibson Climate Justice Lab have published a new report examining the first-ever carbon credits issued under Article 6.4 of the Paris Agreement...