December 01, 2010
Modeling deforestation in 85 countries under current rates versus various REDD+ scenarios, the model found that a fully financed REDD+ program (i.e. about $30 billion a year) would cut global deforestation by about 70% and furthermore cut extinction rates by up to 82%, whereas minimal funding ($5 billion a year) would cut deforestation by around 28% and extinction rates by almost half. In between these extremes, around $15 billion a year would buy a decrease in deforestation of 52% and cut extinction rates by 72%.
"What this research tells us is that REDD+ can be a win-win for the protection of our climate and the preservation of biodiversity," said Dr. Jonah Busch, the report’s lead author, and Climate and Forest Economist at Conservation International. "While any reduction in deforestation and extinction rates would be a welcome achievement, the takeaway is this: the level of REDD+ financing will be the main driver of true progress. Greater financing will lead to greater reductions in deforestation, greater storage of carbon in forests, and greater benefits to biodiversity."
Government officials from around the world are currently meeting in Cancun for a UN Climate Summit. Many are hopeful that amid low expectations for the overall meeting, jumpstarting the REDD+ program may be one of its accomplishments.
Some scientists warn that we are entering into a sixth mass extinction event with extinction rates currently estimated at 100 to 1000 times higher than the background extinction rate, i.e. the average rate of extinctions as determined by fossil-studies.
Don't ignore biodiversity when conserving carbon stocks
(11/29/2010) A focus on conservation of high carbon landscapes via the proposed REDD mechanism could come at a detriment to biodiversity, argues a new paper published in Carbon Balance and Management.
Deforestation jumps, but Guyana nonetheless qualifies for REDD payment
(11/07/2010) Guyana's deforestation rate over the past 12 months was roughly three times the average annual rate over the prior 20 year period, but was still well below the baseline under the recent $250 million forest conservation partnership with Norway, according to a new report released by Guyana Forestry Commission's REDD+ Monitoring Reporting and Verification System (MRVS).
Former Indonesian REDD+ negotiator arrested on corruption charge
(10/30/2010) Wandojo Siswanto, one of the lead negotiators for Indonesia's delegation at last year's climate talks in Copenhagen and a key architect of its Reduced Emissions from Deforestation and Degradation (REDD) program, has been arrested and charged with receiving bribes.