Side Event

REDD versus People: Will Carbon Trade and Markets for Environmental Services Undermine Rights-based Biodiversity Conservation?

Organizer
Global Forest Coalition

Date and Time
21 May 2008 13:15 - 14:45

Meeting
Ninth meeting of the Conference of the Parties to the Convention on Biological Diversity (COP 9)

The side event will elaborate on the formal and informal outcomes of the 13th Conference of the Parties of the Framework Convention on Climate Change and how they might impact forests and forest peoples. It will elaborate on the concerns of a large number of NGOs, IPOs and other social movements about the possible inclusion of forests in a global carbon market, the role of institutions with a long record of financing deforestation like the World Bank in these policies, and the impact of markets for environmental services on Indigenous Peoples, women and the monetary poor. It will also address contradictions between Payment for Environmental Services systems and other proposed financial incentives to reduce emissions from deforestation and the promotion of agrofuels.