CO2 emission

The concept of REDD (Reducing Emissions from Deforestation and forest Degradation) was introduced into UN climate talks in 2005 with the promise to reduce deforestation as well as the greenhouse gas emissions resulting from forest loss. REDD is now becoming the dominant international forest policy mechanism.

Despite over a billion US dollars for pilot initiatives by multilateral agencies and subsidies for private sector REDD+ projects and research programmes over the past 15 years, REDD+ has not fulfilled its promise of being a silver bullet in the fight against deforestation: global forest loss continues at alarming rates.

REDD+ was praised as a tool that could quickly and cheaply reduce emissions. This prediction has not been fulfilled. Instead, global emissions and deforestation are increasing.  

Obviously, the destiny of sustainable transition of Western Balkan and Eastern European economies is above all in control of the respective countries themselves. Still, the EU is in a decisive position to create conditions for a dynamic of change and a successful modernisation.

A new climate agreement intended to ensure “carbon-neutral growth” in international aviation could lead to a massive increase in demand for problematic offsetting projects.