Smoke and Mirrors. A critical assessment of the Forest Carbon Partnership Facility
This new Forest Peoples Programme report exposes ongoing serious problems in the World Bank's forest carbon fund, which is still failing to uphold the rights of forest peoples.
Excerpt |聽In December 2007 the World Bank launched its Forest Carbon Partnership Facility (FCPF) to act as a catalyst to promote public and private investment in 鈥楻EDD鈥 (Reducing Emissions from Deforestation and Forest Degradation). As the FCPF completed its first year of activities in 2008, FERN and FPP undertook a critical review of the REDD concept notes presented to the FCPF by tropical forest countries. Our review, 鈥楥utting Corners鈥, concluded that the process had been rushed, with little to no consultation with indigenous peoples, local communities or civil society organisations, and failed to meet the Bank鈥檚 own standards.
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