SPECIAL REPORTS AND PROJECTS
Offsets don’t stop climate change.
Published
12 months agoon

Shortly before COP26, Amazon Watch and more than 170 organisations signed on to a statement under the headline “Offsets don’t stop climate change”.
The headline is borrowed from a December 2020 letter to the Financial Times in response to an editorial about Mark Carney’s Taskforce on Scaling Voluntary Carbon Markets.
The letter, from Doreen Stabinsky (College of the Atlantic, USA), Wim Carton (Lund University, Sweden), Kate Dooley (University of Melbourne, Australia), Jens Friis Lund (University of Copenhagen, Denmark), and Kathy McAfee (San Francisco State University, USA), states that, “Offsets don’t stop climate change because they don’t stop emissions.”
They write that,
In an ideal world, some types of offsets might theoretically balance out emissions with removals. But the whole point of an offset is that one entity gets to keep emitting.
And they explain that the problem is that with continued emissions, CO2 continues “to accumulate in the atmosphere where it resides for hundreds to thousands of years, and the temperature of the planet continues to increase”.
They point out that the oil industry is a primary beneficiary of offsetting and Carney’s taskforce was stacked with respresentatives of Big Polluters:
All the major oil companies are planning to continue with exploration and new extraction projects. None of them have plans for a managed decline of production that is anywhere near in line with the Paris goal aiming to limit warming to 1.5C. Indeed some fossil fuel majors have even stated their intent to increase exploration and production for at least the next five years. These are hardly decarbonisation goals. All of them intend to rely heavily on carbon offsetting to keep drilling and emitting-as-usual.
They conclude that if Carney were serious about addressing the climate crisis, he would “convene a taskforce on the managed decline of fossil fuels and bring the fossil fuel industry to the table”.
It’s not controversial to point out that offsetting does not reduce emissions (and therefore does not help address the climate crisis). Even proponents of offsetting will, if pushed, admit this fact:
In a press release about the statement signed by more than 170 organisations, Jim Walsh of Food & Water Watch says,
“Offsets are nothing short of a scam that corporate interests push, allowing them to continue polluting our climate and frontline communities with impunity. The harm does not end there, as these offset schemes displace indigenous communities and prop-up corporate agriculture and factory farming. Addressing the climate crisis means keeping fossil fuels in the ground, rather than pursuing these scams that harm our communities and climate for nothing other than corporate profits.”
Here is the statement, “Offsets don’t stop climate climate change”. The list of signatories is available here:
Offsets don’t stop climate changeClimate-driven wildfires, flooding, droughts and other extreme weather events daily impact every corner of the globe.Yet the fossil fuel industry, big utilities, big agriculture, big finance — and their political allies — are pushing carbon offset schemes to allow them to continue releasing the greenhouse gases driving the climate crisis, harming Indigenous, Black, and other already-marginalized communities, and undermining sustainable farming and forestry practices.The science is clear: we need to rapidly phase out fossil fuels and emissions-intensive agricultural practices like factory farming, while protecting forests, wetlands, and other natural carbon sinks. Every delay means greater impacts on our climate and more pollution in historically overburdened communities.[1]We call on leaders around the world to join us in rejecting offset schemes because these pay-to-pollute practices are nothing more than false and harmful solutions to the climate crisis.
- Nature-based offsets cannot “offset” fossil fuel combustion. While fossil fuel companies and other polluters would like fossil carbon and biological carbon to be fully interchangeable, this has no scientific basis.[2] Fossil carbon emissions are effectively permanent, coming from reservoirs deep in the earth where they have been stored for millions of years. When burned, the carbon pollution remains in the atmosphere for hundreds to thousands of years. In contrast, crops, soils, oceans, and forests are “fast-exchange” carbon reservoirs that have limited carbon storage capacity and can re-release carbon back into the atmosphere over the course of a few decades, or sometimes even over a few days.[3] Offsets confuse this basic science by wrongly treating the Earth’s biosphere as an endless source of potential storage for fossil carbon emissions.
- Offsets of any kind perpetuate environmental injustice. Greenhouse gas emitting industries are disproportionately sited in poor communities and communities of color, causing them to bear the brunt of pollution. Offset schemes increase pollution in these communities, worsening environmental injustice.[4] Furthermore, by allowing pollution to continue in exchange for land grabs elsewhere, offsets often shift the burden of reducing emissions from the Global North to the Global South.[5]
- The use of offsets is likely to increase greenhouse gas emissions. Polluters frequently purchase offsets for emissions-reducing practices by one entity, so that their own emissions can continue. In this case, emissions are still added to the atmosphere, so global warming continues. Polluters also purchase offsets for practices that could pull carbon out of the atmosphere, such as by planting forests or protecting existing forests. However, carbon storage in natural ecosystems is inherently temporary and highly reversible, as has been seen so clearly in the tragic forest fires in the U.S. west in the past few years.[6] All that carbon can be released very quickly back into the atmosphere, again increasing emissions.
- Offsets can result in violations of the rights of Indigenous and tribal peoples. Satisfying market demands for offsets will require access to huge expanses of land and forest, lands already occupied by Indigenous Peoples, peasants, and local communities. As such, Indigenous lands are increasingly targeted by forest offset project developers, creating pressure and division in Indigenous communities.[7]
- Offsets undermine sustainable farming and increase consolidation in agriculture. Carbon offset programs give additional leverage to already powerful corporations, including agribusinesses and factory farms, that have long squeezed farm income and drained rural economies, while increasing environmental pollution.[8] Corporations and large landowners are best-positioned to develop offset projects, which further entrenches the factory farm and corn/soybean monocultural model at the expense of small farmers, including Black and Indigenous farmers and Tribal Nations. Instead of allowing the industrial, extractive model of agriculture to further prosper by selling offsets to industrial polluters, policy makers should support traditional and ecologically regenerative agricultural practices.
- Offsets markets create more conditions for fraud and gambling than for climate action. Existing offset schemes have already proven to be easily open to fraud.[9] Yet the speculative trading of offsets derivatives and other financial products has already begun, prioritizing profit-seeking traders and speculators over economic and climate justice.[10]
We call on global policy makers to reject offset schemes and embrace real climate solutions that will keep fossil fuels in the ground, support sustainable food systems, and end deforestation, while eliminating pollution in frontline communities.
[1] IPCC, Global Warming of 1.5°C. International Energy Agency, Net Zero by 2050. IPCC, AR6 Climate Change 2021.
[2] Carton et al. “Undoing Equivalence: Rethinking Carbon Accounting for Just Carbon Removal,” Frontiers in Climate, 16 April 2021.
[3] Anderegg, W. et al., Climate-driven risks to the climate mitigation potential of forests, Science 368 (6947) 2020. Mackey, B. et al. 2013., “Untangling the confusion around land carbon science and climate change mitigation policy,” Nature Climate Change, 3(6),pp.552-557, 2013.
[4] Food & Water Watch, “Cap and trade: More pollution for the poor and people of color,” November 2019 at 1 to 2.
[5] Gilbertson, Tamara, Carbon Pricing: A Critical Perspective for Community Resistance, Indigenous Environment Network and Climate Justice Alliance, 2017.[6] Anderegg, W., “Gambling with the climate: how risky of a bet are natural climate solutions?,” AGU Advances, 2021. Coffield, S.R. et al., “Climate-driven limits to future carbon storage in California’s wildland ecosystems,” AGU Advances, 2021.
[7] Ahmend, N., “World Bank and UN carbon offset scheme ‘complicit in genocidal land grabs – NGOs,” The Guardian, 3 July 2014. Forest Peoples Programme, The Reality of REDD in Peru: Between Theory and Practice, November 2011.
[8] Institute for Agriculture and Trade Policy, “Why carbon markets won’t work for agriculture,” January 2020 at 2.
[9] Elgin, B., “A Top U.S. Seller of Carbon Offsets Starts Investigating Its Own Projects,” Bloomberg. 5 April 2021.
[10] Hache, F., Shades of Green: The Rise of Natural Capital Markets and Sustainable Finance, Green Finance Observatory, March 2019.
Original Source: Redd-monitor.
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SPECIAL REPORTS AND PROJECTS
Will more sovereign wealth funds mean less food sovereignty?
Published
2 months agoon
April 13, 2023
- 45% of Louis Dreyfus Company, with its massive land holdings in Latin America, growing sugarcane, citrus, rice and coffee;
- a majority stake in Unifrutti, with 15,000 ha of fruit farms in Chile, Ecuador, Argentina, Philippines, Spain, Italy and South Africa; and
- Al Dahra, a large agribusiness conglomerate controlling and cultivating 118,315 ha of farmland in Romania, Spain, Serbia, Morocco, Egypt, Namibia and the US.
Sovereign wealth funds invested in farmland/food/agriculture (2023)
|
|||
Country
|
Fund
|
Est.
|
AUM (US$bn)
|
China
|
CIC
|
2007
|
1351
|
Norway
|
NBIM
|
1997
|
1145
|
UAE – Abu Dhabi
|
ADIA
|
1967
|
993
|
Kuwait
|
KIA
|
1953
|
769
|
Saudi Arabia
|
PIF
|
1971
|
620
|
China
|
NSSF
|
2000
|
474
|
Qatar
|
QIA
|
2005
|
450
|
UAE – Dubai
|
ICD
|
2006
|
300
|
Singapore
|
Temasek
|
1974
|
298
|
UAE – Abu Dhabi
|
Mubadala
|
2002
|
284
|
UAE – Abu Dhabi
|
ADQ
|
2018
|
157
|
Australia
|
Future Fund
|
2006
|
157
|
Iran
|
NDFI
|
2011
|
139
|
UAE
|
EIA
|
2007
|
91
|
USA – AK
|
Alaska PFC
|
1976
|
73
|
Australia – QLD
|
QIC
|
1991
|
67
|
USA – TX
|
UTIMCO
|
1876
|
64
|
USA – TX
|
Texas PSF
|
1854
|
56
|
Brunei
|
BIA
|
1983
|
55
|
France
|
Bpifrance
|
2008
|
50
|
UAE – Dubai
|
Dubai World
|
2005
|
42
|
Oman
|
OIA
|
2020
|
42
|
USA – NM
|
New Mexico SIC
|
1958
|
37
|
Malaysia
|
Khazanah
|
1993
|
31
|
Russia
|
RDIF
|
2011
|
28
|
Turkey
|
TVF
|
2017
|
22
|
Bahrain
|
Mumtalakat
|
2006
|
19
|
Ireland
|
ISIF
|
2014
|
16
|
Canada – SK
|
SK CIC
|
1947
|
16
|
Italy
|
CDP Equity
|
2011
|
13
|
China
|
CADF
|
2007
|
10
|
Indonesia
|
INA
|
2020
|
6
|
India
|
NIIF
|
2015
|
4
|
Spain
|
COFIDES
|
1988
|
4
|
Nigeria
|
NSIA
|
2011
|
3
|
Angola
|
FSDEA
|
2012
|
3
|
Egypt
|
TSFE
|
2018
|
2
|
Vietnam
|
SCIC
|
2006
|
2
|
Gabon
|
FGIS
|
2012
|
2
|
Morocco
|
Ithmar Capital
|
2011
|
2
|
Palestine
|
PIF
|
2003
|
1
|
Bolivia
|
FINPRO
|
2015
|
0,4
|
AUM (assets under management) figures from Global SWF, January 2023
|
|||
Engagement in food/farmland/agriculture assessed by GRAIN
|
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SPECIAL REPORTS AND PROJECTS
Farmland values hit record highs, pricing out farmers
Published
6 months agoon
November 21, 2022
SPECIAL REPORTS AND PROJECTS
Ugandan communities battle to benefit from mining on their land
Published
9 months agoon
August 26, 2022
Communities in Karamoja face an uphill task organising to beat international capital and authoritarian politics.
Rupa, Uganda – A handful of artisanal miners stand shirtless in an open pit, breaking boulders that glint white in the sun. Nearby, soldiers stand sullenly at the gate of the Sunbelt Marble Mine and Factory, owned by Chinese businessmen who have sunk $13m into the project.
These are the two faces of the mining rush in the Karamoja region of northeast Uganda: small-scale freelance miners, toiling with basic equipment for scant reward, and a mix of wealthy foreign and local investors protected by the state.
Here in Rupa, a sub-county of Moroto district, the locals have seen companies come and go, buying up land and dividing communities. So in 2017, when they got wind that a Chinese company was coming, they were determined to do things differently: this time, they were going to organise.
It was a pioneering attempt to ensure that local people benefitted from mining, building on customary ownership and exploiting little-used provisions of Ugandan land law.
But the story of how it worked – and how it did not – shows just how hard it is for communities to organise in the face of international capital and authoritarian politics.
Mining rush
Many of the 1.2 million people in Karamoja are cattle-keepers, driving their herds across grasslands managed by clan and custom. The rains are fickle, so negotiating access to pasture involves an element of give-and-take.
But the mining companies that are exploring the region want something solid and immovable: the minerals that lie beneath the soil, including marble, limestone, copper and gold.
In the early 2000s, the army forcefully disarmed the gun-wielding cattle-raiders who once roamed the plains, and speculators rushed in during the ensuing peace.
“The first businesspeople who came were taking over the land,” says Simon Nangiro, chairman of the Karamoja Miners Association, which represents small-scale miners in the region. “Companies come with military accompaniments … [They’re] negotiating behind the scenes with people who are vulnerable.”
According to the mining cadastre, the government has granted full mining leases in Karamoja to four companies – Sunbelt, Tororo Cement, DAO Marble and Mechanized Agro – across 79 square km (31 square miles) of land.
It has also issued licences for exploration to dozens of other local and foreign companies on roughly 4,000 square km (1,544 square miles) and is considering applications on nearly 5,000 square km (1,931 square miles) more.
Documents like leases, licences and land titles are how the modern state speaks – but it is a language foreign to Karamoja, where ownership is rarely written down and only a quarter of people can read.
“Here in Karamoja we have a customary land tenure system,” explains John Bosco Logwee, an elder in Rupa and one of the leaders of organising efforts there. “As a result, people [from outside] looked at the land and thought it does not belong to anybody.”
In Uganda as a whole, an estimated 80 percent of the land is held customarily although exact figures are hard to come by. The problem of proving who owns what worries everyone from activists, who warn of land grabs, to the World Bank, which wants to spur rural property markets.
Under the 1998 Land Act, communities can create “communal land associations” (CLAs) to defend their collective land rights. More than 600 have been incorporated nationwide, often with World Bank support.
Some of the first to be established were in Karamoja, where 52 were set up in 2012-2013 by a non-governmental organisation, the Uganda Land Alliance. According to Edmond Owor, its former executive director, the CLAs had some early successes in fending off fraudulent investors. But in 2016, the Alliance itself collapsed due to internal governance problems, leaving the fledgling CLAs on their own.
“The creation of a CLA is a very easy process, and that’s where the easy work ends,” says Simon Longoli, executive director of the Karamoja Development Forum (KDF), a civil society group based in Moroto. “We find it very difficult to trust a piece of paper to ensure the rights of the community over a piece of land.”
What people really needed, he thought, was organising and capacity building to assert the rights they had on paper. In short, they needed power.

Community organising
Communities in Rupa had been at the forefront of Karamoja’s mining rush. A 2014 report by Human Rights Watch described how two foreign-owned companies had come to the area and started exploration without the consent of the locals.
“International capital has come into Karamoja, it has allied itself with powerful political and military elites at the centre, facilitated by influence peddlers,” says David Pulkol, a Rupa indigene who formerly served as a member of parliament, government minister and head of Uganda’s external intelligence agency. “Those three are in the same bed, dispossessing the ordinary people of their livelihoods.”
So in 2017, the three clans of Rupa sub-county joined their CLAs together to form the Rupa Community Development Trust (RUCODET), taking out the formal title to the land on behalf of 35,000 people.
Longoli and his KDF colleagues arranged training for the trust’s leaders in negotiation and other skills. No other community in Karamoja had organised on such a scale to take on mining companies.
The arrival of the Sunbelt mine would give RUCODET its first major test. Under Ugandan law, all minerals belong to the government. But landowners have “surface rights” to the land itself, which have often been trampled by mining companies.
Now, thanks to RUCODET, the Chinese investors would have to negotiate with the community. “It was tough,” says Logwee, the elder. “We had no experience before of that kind of thing.”
Sunbelt had strong backing from Operation Wealth Creation, a sprawling Ugandan military programme that started out giving seeds to farmers and was now helping build fruit factories, disburse credit and develop the minerals sector.
The programme is led by Salim Saleh, Ugandan President Yoweri Museveni’s ubiquitous brother, whom many consider the second-most powerful man in the country. He is a feared general with extensive business interests, who has been accused by UN experts of grabbing resources during the 1998-2003 Congo war – an allegation he has always denied.
As part of the negotiations, a team from RUCODET travelled 400km to Kapeeka, where a Chinese-owned industrial park has been constructed close to Saleh’s personal residence. Longoli of KDF says that some leaders in RUCODET and in local government were taking calls from Saleh himself to get an agreement signed.
Major Kiconco Tabaro, a spokesman for Operation Wealth Creation, claims that it was not directly involved in the negotiations but has “a strategic working relationship with all ministries, departments and agencies of government” to “help bring about socioeconomic transformation”.
It was hard to say no to a man like Saleh, and the leaders of RUCODET did not. In 2018, they signed away surface rights to 3.3 square km of land to Sunbelt for 21 years, receiving compensation of 1.8 billion shillings ($500,000), they say.
By one yardstick, that was a lot of money. Small-scale miners in Rupa say they get just 100,000 shillings ($28) from traders for filling a 7-tonne truck with stone, a task which takes four people at least a week.
But Sunbelt expects gross revenues of $30m a year, according to the 2021 manifesto of the ruling National Resistance Movement – making the payout to RUCODET equivalent to one week’s turnover. A spokesman for Sunbelt declined an interview request for this story.
The leaders of RUCODET used 100 million shillings ($28,000) to set up 94 educational scholarships for schoolchildren and university students. Some of the rest was handed out as cash to community members.
But there was protest from those who felt left out and mutterings that money was misused or even stolen – allegations which Logwee dismisses as “speculation”. Three people familiar with the matter told Al Jazeera that the lawyer who advised RUCODET charged 400 million shillings ($110,000) for his services, which included the cost of surveying and titling the land.
Then tragedy struck. The leader of RUCODET was a man called Marjory Dan Apollo Loyomo, a brother of the former spy chief Pulkol. “He was very strong, he was very charismatic, he was very committed,” recalls Longoli. He was also the elected chairman of Rupa sub-county, which meant he had to represent his people in disputes.
In 2019, after a decade of peace, the armed cattle-raiders started to make a comeback. Loyomo had disagreed with aspects of the army’s handling of the issue.
On December 17 that year, according to the UN Human Rights office, the army called him to a military detach in Rupa. It had impounded cattle after a raid; local people were angry. Loyomo, as sub-county chairman, tried to deliberate with the officers. A soldier shot him dead.
The regional army commander was transferred soon afterwards. His successor, Brigadier General Joseph Balikudembe, says that he cannot comment on the incident due to ongoing proceedings against the soldiers involved.
Nobody that Al Jazeera spoke to wanted to speculate on the reasons for Loyomo’s killing, but everyone agreed that it was a devastating setback.
“The loss of a torchbearer, the founder chairman, has been a very big loss for RUCODET,” says Logwee, who has succeeded him to the role.
“He was fighting really for his people,” argues Joyce Nayor, an activist and Rupa resident who is critical of the trust’s current leadership. “Since he died, RUCODET has also died a natural death.”
Hardly any local people got jobs in the Sunbelt mine, Al Jazeera heard on two visits to the area with local activists. Some small-scale miners have been allowed to remain in a corner of the land that was allocated to the company, where they break boulders for sale.
They complain that Sunbelt tried to push them into an ever-smaller area and take away the traders who would buy their stone – and that RUCODET has done little to help.
“RUCODET is there in name only,” says Isaiah Aleu, a miner.

Choppy waters
Land trusts and CLAs are promising tools for communities to defend their rights, say land campaigners. But there is no consensus about how they should navigate turbulent political waters.
Pulkol is now helping build RUCODET’s capacity through the Africa Leadership Institute, a non-governmental organisation he leads. He thinks the best hope for Karamoja is to work with investors and government for shared benefits, rather than to block them altogether.
Longoli, the activist, is not so sure. Often when it comes to minerals, “the best deal is just no deal”, he says. “RUCODET, because of pressure from above or pressure from within the institution, was in a hurry to close deals.”
Yet he remains hopeful that organisations like RUCODET can be the basis for something better. “These are not perfect but they give a bridge somewhere,” he says.
The next test is coming soon.
In Loyoro sub-county of Kaabong district, 100km (62 miles) to the north, a new company called Moroto Ateker Cement is exploring for limestone. Pulkol, representing the local government of Moroto, sits on its board.
The state-owned Uganda Development Corporation has a 45 percent stake in the project. The seven clans of Loyoro have started the process of forming a trust, after the RUCODET model.
Meanwhile, in the bush, surrounded by soldiers and tsetse flies, exploratory drilling machines bore down into their land.
Source: Al Jazeera
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