there are some very interesting articles on the REDD monitor...

there are some very interesting articles on the REDD monitor site - it is difficult who to believe in this sorry saga.

The MCL boys will now be competing with high quality Aussie projects to deliver VCS credits.

I saw another article about a fund being set up to hold 1 Billion for VCS credits for pre compliance in the US market.

The EU is also revisiting the use of LULUCF in the 2020 EUETS targets.

Big issue is calculations and permanence - and that is where the problems lie in PNG - how can you offer permanence when you cannot maintain control of the land ( tenure) and when the govt is either incapable of enacting the legislation or is blackmailing the developers to get more of the pie - guess who will lose out - the local landholders and again there is a permanence issue - how will you stop illegal logging if the locals are not supported.

just my thoughts disregard as necessary.