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Government delegates negotiating a plastics treaty should resist the urge to incorporate quick fixes like plastic credits in the text, and instead should set ambitious, non-negotiable targets for plastic reduction and reuse.
The escalating global plastic pollution crisis demands urgent, decisive action, with plastic threatening ecosystems and human health.
Governments are convening at the second part of the fifth session of the Intergovernmental Negotiating Committee (INC 5.2) in Geneva, tasked with forging a historic, legally binding instrument to tackle plastic pollution across its entire life cycle—a mandate enshrined in the United Nations Environment Assembly (UNEA) Resolution 5/14 three years ago.
Plastic credit schemes are increasingly discussed on the sidelines of the ongoing treaty negotiations—often presented under the umbrella of blended and innovative financing. Proponents argue that these schemes can potentially close the gap in countries with inadequate waste management infrastructure. Plastic credits have not explicitly made it in the most recent Chair’s Text at the ongoing INC 5.2 meeting, but they were mentioned in one of the expert group meetings in August 2024, as an innovative financing approach, with the potential to “incentivize companies to shift towards sustainable practices.”
Scientists have estimated that it would cost $18.3-158.4 trillion to support global actions toward zero waste pollution by 2040. According to the World Bank, income generated from plastic credits can potentially help close the funding gap for plastic waste management by 2040, amounting to about $240 billion annually. These benefits may sound enticing particularly with the urgency of securing funding to address plastic pollution, but in fact represent a dangerous distraction, risking greenwashing and diverting critical finance and political action.
The future of our planet depends on preventing plastic pollution at its source, not pursuing plastic credits to offset harm after it is done.
Plastic credits appear to be a win-win solution on paper—companies provide funding for waste collection initiatives to “offset” their plastic footprint. However, this approach mirrors the shortcomings of carbon offsetting, which has faced numerous problems, including “phantom credits,” lack of new emission reductions, and double counting. While a universal definition for plastic credits is still under development, organizations like PCX Solutions, Verra, BVRio, and the World Bank generally agree on this scheme as a results-based financing mechanism, which funds projects designed to tackle plastic pollution, primarily through collection and recycling efforts. Plastic credits have initially been introduced as voluntary schemes, in which businesses may purchase credits to “offset” their plastic footprint, or the amount of plastic they have produced, often done to enhance brand image, meet sustainability commitments, and fulfill corporate social responsibility (CSR) initiatives.
There are several countries that have incorporated plastic credits into their extended producer responsibility (EPR) policies, as a way for companies to achieve regulatory compliance. The Philippines, for example, mandates large corporations to gradually offset their plastic footprint, aiming for an 80% collection or recovery by 2028. This system permits plastic offsetting as an alternative to EPR fees, which are conceptually intended to fully cover plastic waste management costs—a burden often borne by municipalities. However, it remains uncertain whether existing EPR policies with plastic offsets fully cover the cost of managing plastic waste.
Experts have argued that plastic credit mechanisms lack a standardized accounting system, making it challenging to effectively measure credits from plastic offsetting projects and plastic footprints. They also found that plastic credits face difficulties in meeting critical offset criteria such as additionality, permanence, and the “no-harm” principle. It is difficult to prove that the plastic collected or recycled through a credit scheme would not have been managed anyway. A 2023 investigation into Verra’s databases, for instance, found that more than 80% of listed projects have been operational for more than a year before being listed on the registry platform, contradicting claims that these activities are unviable without funding from plastic credits.
There are also concerns about permanence, largely due to the challenges of achieving genuinely closed-loop recycling for plastic waste. The meager 9% global recycling rate for plastic highlights the challenges posed by its complex compositions and chemical additives, as well as the economic impracticality of such interventions. It is not surprising that many of these plastic credit projects involve burning collected plastic waste in cement kilns.
Experts have warned that current credit prices are too volatile to provide sustainable funding for waste management. SourceMaterial uncovered a significant price disparity within a registry platform: Plastic credits linked to co-processing treatment in cement kilns are available for as little as $115 per credit, whereas credits from community-based collection projects can cost up to $630. Using the Philippines EPR case, the price disparity suggests that companies may opt for the cheapest credits derived from burning for regulatory compliance, rather than pursuing plastic reduction measures.
Plastic credits are fundamentally flawed and risk becoming a costly diversion from meaningful action. Government delegates attending the INC 5.2 meeting should resist the urge to incorporate quick fixes like plastic credits in the treaty text, and instead should set ambitious, non-negotiable targets for plastic reduction and reuse, ensuring accountability across the entire plastic life cycle, as mandated under UNEA Resolution 5/14.
A strong, dedicated financial mechanism is essential for the treaty. Developed member states should fund a substantial portion of the contributions, in line with the principles of common but differentiated responsibilities and polluter pays. This will ensure that the health and environmental costs are internalized, and funds are available for remediation to protect human health, biodiversity, and the environment. Likewise, the financial mechanism should also direct investments toward initiatives focusing on plastic production caps and waste prevention, as well as the development and scale-up of safe, non-toxic, and accessible reuse and refill systems, rather than limiting to downstream interventions like recycling and waste management. Furthermore, it should support and facilitate a just transition for workers along the plastics life cycle, including waste pickers and other informal workers and workers in cooperative settings, Indigenous Peoples, and frontline or directly affected communities.
The future of our planet depends on preventing plastic pollution at its source, not pursuing plastic credits to offset harm after it is done. Real solutions begin with reduction, not compensation.
COP30 must be the summit that moves beyond the transactional nature of past negotiations to embrace ideas that recognize the intrinsic value of nature and the need for global solidarity in protecting it.
COP29 in Baku, Azerbaijan has come and gone, leaving behind a sense of cautious reflection rather than the transformative shift many had hoped for. While the summit certainly brought some progress, it has left us with the bittersweet feeling that the climate crisis, with its urgent and pervasive impacts, still seems to be an issue addressed by small steps rather than bold, immediate action. In this sense, COP29 could be seen as both a missed opportunity and a call to rethink our approach to climate change.
A key discussion centered on mobilizing $300 billion annually by 2035 for climate mitigation efforts in vulnerable countries. While this figure might seem substantial, experts argue that at least $1.3 trillion is needed to address the crisis effectively. Even more concerning, however, is the lack of clarity about the sources of this funding; whether public or private, and how it will be allocated. While the commitments made are modest, they underscore a greater issue: the need for a radical shift in how climate finance is understood and structured.
Despite reservations, COP29 provided space for relevant debates about how to create a more inclusive and just financial system. The mobilisation of resources for the Global South is undoubtedly pressing, and the conversation is really just getting started. What is increasingly clear is that we must rethink the economic structures we have inherited, which often fail to address the systemic inequalities that underpin the climate crisis. Financial solutions must be holistic, incorporating the needs of vulnerable populations and the environment in ways that go beyond traditional market-driven approaches.
The environmental crisis cannot be solved by perpetuating existing power dynamics but requires finding solutions rooted in equity, justice, and a deep respect for the interconnectedness of all life.
Meanwhile, at the G20 summit, which ran in parallel to COP29, discussions on Universal Basic Income (UBI) for countries most affected by climate change gained traction. Countries in Latin America, including Brazil and Colombia, championed this idea, seeing it as a preventive measure against the growing polycrisis. UBI could offer a crucial safety net for populations already feeling the severe impacts of climate disruption. Despite its growing relevance and the goals set for COP30, UBI was sidelined at COP29, with market-based solutions taking center stage—solutions that largely overlook the root causes of the climate emergency.
The insistence on market-driven solutions, such as carbon credits, remains a central feature of international climate discussions. These mechanisms, which allow wealthy countries and corporations to offset emissions by purchasing credits from poorer nations, have yet to deliver the necessary reductions in global emissions. What is more concerning is that these market-based solutions reinforce a narrative of economic growth over environmental sustainability. Until the global conversation shifts away from this paradigm, meaningful progress will remain elusive.
The focus on market mechanisms at COP29 underscores the persistent power imbalances that shape climate action. Current international decision-making continues to rely on "realpolitik"—power dynamics that have failed to address both environmental and peace crises. This approach reinforces the dominance of wealthier nations and multinational corporations, while the voices of the Global South remain marginalized.
Although COP29 did not embrace the bold ideas needed to tackle the climate crisis, it has made one thing clear: The future of climate action lies in transforming how we relate to the planet and to each other. Climate change is a social justice issue that disproportionately affects vulnerable populations, yet their voices continue to be overlooked in global decision-making. The environmental crisis cannot be solved by perpetuating existing power dynamics but requires finding solutions rooted in equity, justice, and a deep respect for the interconnectedness of all life.
One potential avenue for transformative action underrepresented at COP29 is the Cap and Share model. This proposal advocates for a carbon tax on the largest polluters, with the revenue redistributed to support vulnerable populations. By holding major emitters accountable and ensuring the most affected communities are supported, Cap and Share challenges the economic systems that have exacerbated both environmental degradation and social inequality. Such an approach would lay the foundations for a fairer and more sustainable global response to the climate crisis.
Looking ahead to COP30, there is an opportunity to break the cycle and center discussions on a more profound philosophical reimagining of our relationship with nature. It is time to ask ourselves: What does a "good life" mean in the context of the climate crisis, and how can we redefine it in a way that prioritizes ecological harmony over economic interests? COP30 could be the moment to rediscover the wisdom that reminds us that humanity is not separate from nature, but an integral part of the web of life that sustains the planet.
To make this shift a reality, we must draw inspiration from initiatives that can empower local communities, particularly in regions most affected by climate change. The principles of Cap and Share can materialise not just through international policy but by supporting initiatives in local territories that engage communities who have suffered the consequences of climate change while also playing a critical role in preserving biodiversity. These initiatives could provide the foundation for overcoming the structural inequalities that perpetuate social and environmental harm, giving rise to a more just and sustainable world.
COP30 must, therefore, be the summit that moves beyond the transactional nature of past negotiations. It should be the moment when we embrace ideas that recognize the intrinsic value of nature and the need for global solidarity in protecting it. But for that to happen, we must first ask: Are we prepared to rethink the way we relate to the planet and each other in order to build a more just and sustainable future?
"By the end of the UN climate talks, we must see at least a trillion dollars in public finance on the table," said one campaigner.
As the clock winds down at the UN climate summit taking place in Baku, Azerbaijan, green groups are sounding the alarm Thursday following the release of a draft climate finance deal that they say falls short of what's needed to support climate-vulnerable countries and adequately address the planetary crisis.
"The clock is ticking. COP29 is now down to the wire," said UN Secretary-General António Guterres on Thursday, just a day before the two-week conference is set to conclude.
Finance has been a major focus of this year's summit. Under the 20125 Paris Agreement, countries are supposed to come up with a "new collective quantified goal"—or NCQG in COP jargon—that will govern how much money from rich countries will be transferred to developing countries in order to help the latter cut their emissions and adapt to climate change.
No equivalent climate finance arrangement has been agreed to before, though countries at the summit broadly agree that richer countries, who are responsible for much of historic CO2 emissions, should help poorer and more climate-vulnerable nations deal with natural disasters and their transition to green energy.
The draft text that dropped early Thursday, however, was received poorly.
Oxfam International's climate justice lead, Safa’ Al Jayoussi, said "COP29 must do more than simply repeat the same threadbare promises. Rich countries have spent decades now stalling and blocking genuine progress on climate finance. This has left the Global South suffering the most catastrophic consequences of a climate crisis they did not create. The draft text scandalously misses the crucial element of declaring a clear public commitment to a new climate finance goal."
Instead of specifying how much annually should be funneled towards developing countries via climate finance, the NCQG draft text displayed "X" in place of any actual figures or monetary commitments.
Oscar Soria, a director at the Common Initiative think tank, told the Guardian: "The negotiating placeholder 'X' for climate finance is a testament of the ineptitude from rich nations and emerging economies that are failing to find a workable solution for everyone."
"By the end of the UN climate talks, we must see at least a trillion dollars in public finance on the table," added Andreas Sieber, 350.org associate director of policy and campaigns. Economists told the summit attendees last week that developing countries need at least $1 trillion annually by 2030 to deal with climate change.
A specific and shared concern from campaigners was the draft text's inclusion of carbon market schemes as a way "to scale up" climate finance. While the draft promotes "high-integrity voluntary carbon markets" and other "instruments that mobilize new sources of climate finance and private finance" as part of the equation, critics have long warned that these market-based approaches are nothing but false solutions designed to benefit corporate investors, wealthier nations, and the fossil fuel industry itself.
"Labelling carbon credits as climate finance—which they are unreservedly not—should be axed from the text or risk creating a dangerous escape route for polluters. The same goes for explicitly allowing investments in fossil fuel infrastructure. This is fundamentally incompatible with the goals of the Paris Agreement," said Laurie van der Burg, Oil Change International's global public finance manager, in response to the draft text.
While Article 6 of the Paris Agreement allows for the international transfer of carbon credits, groups warned the changes in the COP29 draft would dramatically strengthen the foothold of such schemes.
"Shockingly, COP29 is set to agree to carbon markets that are even worse than the voluntary carbon markets," said Kirtana Chandrasekaran, a climate campaigner with Friends of the Earth International. "We know these markets have failed. They are riddled with fraud and they do not reduce emissions or provide finance. Communities everywhere and, in fact, the planet itself is on the line."
Without addressing these concerns, advocates of a meaningful deal at the conference say COP29 is headed for failure.
As 350.org's Sieber argued, paying the "historic debt that rich countries owe will enable all nations to take action on climate at home and meet the collective goal agreed last year at COP28—to triple renewable energy, and transition away from fossil fuels. Right now, we only see cowardice and a void in leadership, ignoring the undeniable science that we can't keep polluting our planet with dirty oil, gas and coal."
"The time to course correct is now—the European Union and other rich countries must stop playing poker with the planet and humankind's future at stake," Sieber added. "It's time to put their cards on the table and commit real, transformative funding—no more excuses, no more delays, it's time."
A global 2% annual tax on billionaire wealth could raise $250 billion per year from just the world’s 100 richest families.
The world desperately needs to pull the plug on fossil fuels. So agree most of the official delegates from nearly 200 nations who have gathered this month by the Caspian Sea for the 29th annual global “Conference of the Parties” on climate change—COP29 for short—in Azerbaijan’s capital city Baku.
But not all the estimated 70,000 attendees at this year’s COP are practicing what they should be preaching. Private jet arrivals at Baku’s international airport, news reports note, have just doubled.
What makes that such a big deal? Practically nothing symbolizes wanton disregard for our Earth’s environment more dramatically than private jet travel. A corporate executive taking a single long-haul private jet flight, points out the Travel Smart Campaign’s Denise Auclair, “will burn more CO2 than several normal people do in an entire year.”
Instead of taxing the world’s wealthiest at higher levels, rich nations want to give their richest more opportunities to become ever richer.
Researchers at Oxfam have just gone through the flight records of 23 global billionaires. Those airborne souls averaged 184 private jet flights each over a recent single year. They each essentially circumnavigated the globe 10 times over. Their flights averaged 2,074 tons of carbon emissions, an outlay an average person globally would take 300 years to emit.
Extravagances like private jets help explain why global carbon emissions last year expanded by 1.3%. To get climate anywhere near under control, United Nations Secretary-General António Guterres noted on the eve of this month’s COP29 extravaganza, the world’s nations ought to be reducing carbon emissions by at least 9% a year.
“The world is still underestimating climate risks,” Guterres added. “It’s absolutely essential to reduce emissions drastically now.”
And that reducing will only unfold, the U.N. secretary-general emphasized in his COP29 opening remarks, if the world’s nations address the pivotal contribution to climate catastrophe that our world’s wealthiest are making.
“The rich cause the problem,” as Guterres explained, “the poor pay the highest price.”
Observers have tagged this year’s global environmental gathering the “climate finance COP.” The key question before all the official government delegates gathered in Baku: Who will actually pay the bill for addressing the climate change crisis?
Back in 2009, national delegations to that year’s COP gathering pledged to raise an overall annual $100 billion over the next 15 years. The world’s nations have since then met that target only once. Any new annual target for the next 15 years, most researchers and activists agree, needs to run considerably higher, anywhere from $500 billion to $5 trillion higher.
No one can reasonably expect governments alone, COP principals from rich nations counter, to come up with anywhere near that level of support. These rich-nation COP delegations want to encourage private investors to get more involved in financing new climate initiatives.
In other words, instead of taxing the world’s wealthiest at higher levels, rich nations want to give their richest more opportunities to become ever richer.
Nations rich with fossil fuels most heartily agree. The “onus” for financing moves to counter the climate crisis, COP29 President Mukhtar Babayev from Azerbaijan is arguing, “cannot fall entirely on government purses.”
Our globe’s richest nations would also like to expand the trading of “carbon credits,” transactions that let wealthy developed nations delay making costly emissions cuts at home by underwriting much less costly climate actions in poor nations.
But the offset projects that developed nations underwrite, The Guardian notes, have regularly overpromised and underdelivered, leaving “wildfires burning through forests that were supposed to be protected and emissions from renewable energy projects being counted on balance books even though they would probably have been built anyway.”
This year’s CO29 conference will wrap up on November 22, and no serious climate change analyst is predicting any consensus that could significantly slow our globe’s ever more perilous progress to climate collapse. Developed nations, Bloomberg’s Mark Gongloff observes, remain “loath to pitch in more than $100 billion a year.”
“Transitioning the world to clean energy alone,” counters Gongloff, could actually cost $215 trillion by 2050.
How could the world make real progress toward those trillions? Guardian environmental editor Fiona Harvey earlier this week ran down some promising options.
Nations could for starters, Harvey notes, put a serious tax bite on the “unprecedented” profit bonanza that fossil fuel companies have enjoyed ever since Russia invaded Ukraine in 2022. Those companies have pocketed well over a quarter-trillion dollars in profits in the two years since.
Nations could also place new taxes on the jet flights our richest so enjoy or move to end the more than $650 billion spent annually in the developing world on subsidies for fossil fuels and polluting industries. Better yet, in a world where our five richest billionaires have more than doubled their wealth since 2020, we could adopt the 2% annual tax on billionaire wealth that Brazilian president Luiz Inácio Lula da Silva has proposed.
A global tax along that line could raise $250 billion per year from just the world’s 100 richest families.
The only sure thing about initiatives like these: No proposals that could make a real climate difference will get any serious attention at COP29, as the prime minister of Albania, Edi Rama, observed in his brief and biting remarks to conference-goers. Rama opened his address to COP29 by noting that he had decided to ditch his prepared remarks after spending some time in the conference’s leaders lounge.
The global notables in that lounge, Rama continued, had all gathered to “eat, drink, meet, and take photos together, while images of voiceless speeches from leaders play on and on and on in the background.”
“To me, this seems exactly like what happens in the real world every day,” he went on to explain. “Life goes on with its old habits, and our speeches, filled with good words about fighting climate change, change nothing.”
Concluded Rama, a former artist and the current chair of his nation’s Socialist Party: “What on Earth are we doing in this gathering, over and over and over, if there is no common political will on the horizon to go beyond words and unite for meaningful action?”
That inaction—in the face of overwhelming global public support for greater pro-climate action—continues to comfort our world’s most fantastically wealthy.
A recent gathering in Colombia, organized by the Land Deal Politics Initiative, was an important moment to assess the current state of play and ready strategies to face the current and impending onslaught of land grabs.
If one thing is clear coming out of the International Conference on Global Land Grabbing last month in Bogotá, it is that the land rush is here to stay—and it's gaining momentum. The concept of land rush serves as an umbrella for the multidimensional land grabs that occur at different scales. It helps us grasp chaotic and insurgent moments—such as the one now underway—which are pushed forward by multiple actors and often involve violence.
The gathering in Colombia, organized by the Land Deal Politics Initiative, was an important moment to assess the current state of play and ready strategies to face the current and impending onslaught of land grabs. It was a cutting edge convergence of frontline social movement leaders, unapologetically progressive researchers, and policymakers with backgrounds in grassroots organizing—all dedicated to land politics and representing 69 countries.
The land rushes that are reproduced to sustain capitalism are held up by intersecting levers of oppression, among them class fragmentation and socially constructed identity politics like race and gender.
These efforts come at a critical time, when the media's spotlight on land grabbing has dimmed—signaling that the practice has become a routine part of international politics. The following are five key takeaways from the meeting in Colombia about the state of the land rush and the resistance that seeks to stop it in its tracks.
Grabbing land, natural resources, and territory has always been an integral part of capitalism. The system thrives on crises—the more, the more profitable—which in turn provoke waves of uneven development. Contemporary land grabs are a layering of these factors, all of which are extractive in nature. When the 2008 food price crisis became ensnarled with global disruptions in finance and energy, it reconfigured large-scale land grabs as the world has come to know them.
Although agribusiness has been a defining feature of decades of neoliberal reforms, it has proliferated even more across the global South in recent years—turning peasant farms and Indigenous forests into monocrop business ventures. A striking case is that of Tanzania, one of the most heavily targeted countries for land grabs 15 years ago. Now it is bracing for a new surge of land deals for mass export crops, made worse by the oppressive seed policies that have been imposed throughout the African continent. These older land deals are on the map to stay, and the situation is further complicated by their newer counterparts.
Green and blue grabs—the idea of "selling nature to save it"—masquerade as a solution to the climate crisis and have resulted in an advanced surge of extraction, commodification, and financialization of nature. Such initiatives have brought new actors to the scene of the extractive economy, some of whom initially opposed it, in a vastly complicated alliance.
Cambodia, for instance, was the first country in Southeast Asia to endorse the Blue Skies & Net Zero 2050 campaign, which is one of the latest developments in carbon trading—earlier versions of which have devastated rural communities through massive land, water, and forest grabs. International financial and intergovernmental institutions continue to blame farmers, fishers, and forest dwellers for worsening climate change through "backwards" techniques—when the real culprit is violent foreign intervention coupled with decades of natural resource grabs led by agribusiness. Instead of attacking this problem at its root, programs like Net Zero make promises to resolve hunger, unemployment, and the climate crisis at once. The devil, however, is in the details—in this case shouldering local Cambodian peasants with the burden of mitigating big corporate pollution from abroad, unavoidably leading to more land grabs.
Land, water, and food have long been weaponized against marginalized populations through extreme violence. While our understanding of contemporary land grabs has often been one of transactionary land deals, usually large in scale, and often synonymous with agribusiness, we have yet to fully incorporate land seizures carried out through military invasions and wars into the equation. We must expand our conceptualization of the land rush to more comprehensively include these factors, also paying attention to the geopolitical environments in which they unfold.
An important link here is that for many peasant and Indigenous populations, land is not only a resource, but also territory. Seeing land grabbing as territory grabbing is a way of coming to terms with how land capture in violent conflict is an abduction of people, movements, culture, and history. As such, it has resounding place-specific and collective implications. Today genocide and ecocide in Gaza as a result of the Israeli invasion have refocused global attention on the question of Palestine. Analyzing these actions as territory grabs may contribute to a more just resolution of violent conflict—not only in Palestine, but also in other militarized geopolitical contexts as diverse as Haiti, Sudan, Myanmar, and Ukraine.
The land rushes that are reproduced to sustain capitalism are held up by intersecting levers of oppression, among them class fragmentation and socially constructed identity politics like race and gender. These forced divisions are the driving force behind past and present colonial projects. Across the Americas, the plantation economy was made possible by the enslaved labor of Black bodies, the removal of Indigenous ones, and the cheapening of female and gender nonconforming ones. Struggles for independence and liberation from these processes have only partially been won, which is illustrated by modern land grabbing as an extension of plantation economies.
Land grabbing feeds on race, class, and gender as overlapping forms of oppression—and as such affects the Global North in addition to the Global South. In the highly racialized context of the United States, agribusiness continues to operate on lands stolen from Indigenous peoples with the labor of undocumented migrants—many of them displaced by extractive activities led by the United States in countries south of its Mexican border.

Social movement and academic delegates visit with signatories of the historic Colombian peace agreement on a land plot previously controlled by drug traffickers in the Puerto Salgar municipality; community members also sent a delegation to Bogotá to participate in the International Conference on Global Land Grabbing.
(Photo: @jovieshome)
If anyone knows the true value of land, it is the peasant and Indigenous communities that have ensured its survival across borders and generations. These groups of people are consistently hunted alongside the natural resources they seek to protect. Their demands—for ending and rolling back land grabs—are most often disregarded as idealistic at best and downright undoable at worst.
But against all odds, and frequently faced with great danger, social movements are winning struggles for territory. This work occurs in sophisticated alliances that straddle local, national, and international organizing efforts. Colombia was selected as the host country for the gathering against land grabbing precisely for these reasons, with hopes that bearing witness to the history being written there could inspire political gains elsewhere. From its Pacific and Caribbean coastlines, to its vast farmlands that fade into the Amazonian and Andean forests, rural communities are taking back territory—under the protection of an amenable government that is committed to an ongoing process of putting into place peasant and Indigenous autonomous zones.
Social movements are building strong convergences with politically aligned scholars and policymakers to prepare for the next phases of their still-uphill battle against the land rush—not only in Colombia, but around the world.
"The solutions do not lie with private capital and the age-old profit driven model," said one advocate.
The historic Africa Climate Summit held in Nairobi, Kenya this week marked the first time leaders from across the continent convened to focus on the climate crisis, but campaigners on Friday said the voices of the most vulnerable were largely silenced during the three-day summit while leaders drafted a declaration that critics say fell prey to "distracting false solutions."
While the Nairobi Declaration on Climate Change and Call to Action was applauded by advocates for its call to boost Africa's renewable energy capacity to 300 gigawatts (GW) by 2030, critics said leaders across the continent showed they are still too eager to bend to the interests and desires of the fossil fuel industry and its financial backers.
The declaration's demands include:
But groups including the think tank Power Shift Africa (PSA) said the commitment of hundreds of millions of dollars by international governments and development banks for carbon markets initiatives were "essentially, a diversion, and even wastage, of money that could go into investment in real climate solutions."
PSA called the African Carbon Market Initiative "a wolf in sheep's clothing" in a report released this month, warning that "polluters and investors" have for decades promoted carbon markets—in which fossil fuel companies claim to "offset" emissions by investing in conservation initiatives or sustainability—but the system enables "the wealthy to continue polluting, while giving an illusion of commensurate carbon neutralization through questionable accounting methodologies."
As Al Jazeera reported, the continent earns less than $10 per ton of carbon removed from the atmosphere in its existing market initiatives, while other regions can receive over $100.
Joab Bwire Okanda, a senior adviser at Christian Aid, welcomed the declaration's call for a global carbon tax but told the BBC that "to make polluters really pay, false solutions like carbon credits that allow polluters a free ride without taking meaningful action need to be consigned to the dustbin."
350.org said the summit should have ended with a renewable energy commitment that was far greater than 300 GW by the end of the decade, calling for 11,000 GW—"the level required to limit global heating to 1.5°C" over preindustrial levels.
"This is a good starting point, but it falls short of expectations," said Charity Migwi, regional campaigner for 350Africa.org. "As Africans grapple with the debilitating impacts of the climate crisis, African leaders engage in rhetoric and false solutions such as fossil gas and carbon markets that seek to delay meaningful climate action and the much-needed just transition away from fossil fuels, that is central to the fight against the climate crisis. African nations must walk the talk in regards to limiting global warming by shunning fossil fuels."
Zaki Mamdoo, campaign coordinator for StopEACOP, which aims to end French oil company TotalEnergies' East African Crude Oil Pipeline (EACOP) project, said the Nairobi Declaration "says little about the need to halt the development of new fossil fuels on the continent," even after a Human Rights Watch report in July showed the project has threatened the homes of more than 100,000 people in Tanzania and Uganda, caused food insecurity, and pushed children to leave school while also likely having "devastating environmental effects."
"This summit has provided a platform for governments to flirt with big business while [advocacy groups], trade unions, [and] youth organizations are confined to the fringes with little influence on the outcome of high-level deliberations," said Mamdoo. "If we are to use the crisis of climate as an opportunity to simultaneously uplift our people out of poverty and ensure the well-being of all—then we need the interests of these groups to be at the forefront of decision-making. The solutions do not lie with private capital and the age-old profit driven model."
Others agreed that "local voices" of people who have been most impacted by the climate emergency were missing from the summit.
"Their stories of hope, perseverance, suffering, and disaster were glaringly absent, hidden away behind security barriers and military armament," said Yegeshni Moodley, climate and energy justice campaign lead for Friends of the Earth South Africa. "The use of top-down, technocratic false solutions negates the value of local knowledge and traditional practices that have sustained generations on their land. We must decry and lament the situation Africa has been placed into, where her lands and riches are once again being sold away to the distress and poverty of her people.”
People across the continent are facing the effects of the climate crisis, which has been blamed for a famine in Madagascar and has forced more than 1 million people in Somalia to leave their homes as a prolonged drought has overtaken the country.
Advocates say that Africa must be recognized as a key ally in providing solutions to the climate emergency rather than cast aside as a victim.
"Our leaders need to know that people across Africa are waking up to what needs to be done," said Essoklnam Pedessi of the Renewable Energy Coalition in Togo. "We are calling for less talk and more action. We need to break away from the failed approaches and distracting false solutions. Africa has abundant wind and solar to power up for 100% renewable energy."
"What it needs," she added, "is climate funding to unlock this potential."
With the specter of eucalyptus trees engineered for pesticide resistance and the Biden administration’s embrace of false solutions to climate change, the balance is being further tipped in favor of the pulp and paper industry.
Valued for its termite-resistant wood for building purposes, pulp to create products like writing and toilet paper, and its oil, which has numerous health and household benefits, the eucalyptus tree generates big business worldwide. Native to Australia and Tasmania, the prehistoric tree has been planted in such volumes that eucalyptus plantations cover some 25 million hectares around the globe—larger than the entire land area of the United Kingdom. By 2028, according to forecasts, the global eucalyptus oil market is projected to exceed $213 million, while the worldwide market for eucalyptus pulp will expand to nearly $17 billion.
But the eucalyptus industry has a dark side. Eucalyptus plantations growing in regions spanning South America, southern Africa, southern Europe, and Australia have significant detrimental impacts on local communities and biodiversity. Communities located near eucalyptus plantations are likely to face water shortages—as these plantations utilize huge amounts of water—and pollution from agrochemicals, including exposure to glyphosate, which has been linked to various health problems, including increased cancer risk.
In addition, the presence of eucalyptus trees’ leaves and roots hinders the growth of other plants beneath them because they contain a biocidal oil that inhibits the survival and decomposition of most soil bacteria that come into contact with them.
In eastern Brazil, eukalyptus plantations have replaced the diverse and endemic Atlantic Forest ecosystem, with some municipalities seeing nearly three-quarters of their land area being covered by eucalyptus plantations.
Brazil is the world’s largest eucalyptus producer. With an estimated 7.6 million hectares of eucalyptus plantations, Brazil maintains 30% of the world’s total eucalyptus trees. In eastern Brazil, particularly in the states of Bahia and Espírito Santo, these plantations have replaced the diverse and endemic Atlantic Forest ecosystem, with some municipalities seeing nearly three-quarters of their land area being covered by eucalyptus plantations. Large corporations such as Suzano, Fibria, and Veracel dominate this industry, exporting eucalyptus as pulp for manufacturing products like toilet paper.

During the delegation’s official meeting, Moisés Savian, secretary of Brazil’s Ministry of Agrarian Development, identified corporate interests as the driving force behind the push for GE eucalyptus. “It makes no sense in my vision to have a transgenic eucalyptus associated with glyphosate,” stated Savian.
(Photo: Photo: Orin Langelle)
Genetically engineered (GE) varieties of eucalyptus trees are poised to exacerbate a new wave of ecological and social destruction. Brazil has approved seven varieties of genetically engineered trees. Current plantations rob regions of water, destroy wildlife habitat, and transform large swaths of land within the Cerrado—an expansive, biodiverse tropical biome situated in eastern Brazil—into unnatural, destructive monoculture farms: rows upon rows of non-native eucalyptus trees without vegetation in their understory. Many traditional communities and Indigenous people have opposed the spread of these plantations in the country.
Varieties of GE eucalyptus are pesticide-resistant and are likely to increase the use of toxic chemicals such as Roundup, the glyphosate-based weedkiller developed by Monsanto in the 1970s, which is the world’s most used herbicide—and was acquired by Bayer in 2018. Other engineered traits, such as increased growth rates, could make the trees more profitable for the pulp and paper industry but significantly more harmful to the environment.
The Campaign to STOP GE Trees is an international alliance of organizations working to halt the introduction of genetically engineered trees into the natural environment to prevent ecological destruction and harm to local communities. It is an initiative of our U.S.-based organization, Global Justice Ecology Project (GJEP), with support from the Uruguay-based World Rainforest Movement, which advances the cause of social justice in the forests.
An international delegation of the campaign, which was organized by GJEP, traveled to Brazil in July 2023 to meet with Indigenous and quilombola communities (descendants of escaped Afro-Brazilian enslaved people), members of the Landless Workers’ Movement (Movimento dos Trabalhadores Rurais Sem Terra, or MST, in Portuguese), government ministries, and academics. The delegation’s goal was to learn about the history of resistance against the pulp and paper industry in the country and discuss how herbicide-resistant genetically engineered varieties of eucalyptus trees could increase the use of toxic herbicides and amplify ecological degradation, health impacts, and social injustice.
FASE (Federação de Órgãos para Assistência Social e Educacional), a group that has been supporting communities opposing eucalyptus plantations for a decade, organized the logistics of the delegation, which included representatives from Argentina, Canada, Chile, Ireland, Japan, New Zealand, and the United States. Local representatives joined the delegation as it visited several Brazilian ministries to register official demands and testimonies from quilombola and MST community members from northern Espírito Santo and southern Bahia about the devastating impacts of eucalyptus plantations as well as new threats posed by GE eucalyptus trees.
“It makes no sense in my vision to have a transgenic eucalyptus associated with glyphosate.”
“The demands that we recorded were from several MST communities that we met with that are doing important agroecological work and have a whole agroecological school training people in the region about how to grow organically,” said Anne Petermann, international coordinator of the Campaign to STOP GE Trees. She noted that “there were also statements from members of traditional quilombola communities in that region who are suffering, very directly, the impacts of eucalyptus plantations.”
The delegation also officially presented petitions from Rainforest Rescue, an environmental nonprofit based in Hamburg, Germany, signed by more than 100,000 people opposing the release of GE eucalyptus in Brazil to the ministries and Brazilian National Technical Commission on Biosafety.
During the delegation’s official meeting, Moisés Savian, secretary of Brazil’s Ministry of Agrarian Development, identified corporate interests driving the push for GE eucalyptus.
“It makes no sense in my vision to have a transgenic [eucalyptus] associated with glyphosate,” stated Savian. His comments highlighted the increasingly ubiquitous and dangerous as well as probable cancer-causing herbicide Roundup. “It is much more linked to market interests of the corporations that want to sell herbicide,” the secretary noted.
Another motivation behind the push for GE eucalyptus is the Kafkaesque incentive of receiving carbon credits for planting trees. Corporations like Suzano—which has been called the “world’s largest pulp exporter”—can be rewarded for planting enormous industrial tree monocultures—since they are technically planting trees, they are eligible for carbon credits—even though they first clear-cut and remove the carbon-dense native forests, which release vast amounts of carbon from the forest and the soil.
The pulp industry in Brazil has accelerated the growth rate of their eucalyptus trees. This is increasing the already enormous demands on water resources. So problematic is the expansion of eucalyptus monocultures on the hydrology and biodiversity of regions that they are often called “green deserts.”
“They look green from a distance but are extremely fast-growing trees planted in perfect rows and columns optimal for mechanical harvesting. The huge plantations do not harbor wildlife, and the only biodiversity you find in them is ants and termites,” explained Petermann, who led the delegation that traveled to Brazil.
An expanding landscape of monoculture industrial tree plantations in Brazil—which rob the forests of biodiversity, displace communities and wildlife, and deplete regions of water resources—epitomizes the eco-swindle of carbon credits.
One of the most insidious trends in false solutions to climate change is the idea that living or biological carbon can offset fossil fuel carbon. An expanding landscape of monoculture industrial tree plantations in Brazil—which rob the forests of biodiversity, displace communities and wildlife, and deplete regions of water resources—epitomizes the eco-swindle of carbon credits.
João, a member of a quilombola community, told the delegation that when eucalyptus started being planted in Espírito Santo and Bahia, “they removed the native plant cover and all the nutrients from the soil. People [here] used to do agroforestry, would use cover crops, [and would] let the land rest—but now, with eucalyptus, there is no rest for the soil.” The total eucalyptus plantation area in Bahia is estimated to be about 658,000 hectares, positioning it as the country’s third-largest contributor to industrially cultivated eucalyptus.
Dr. Ricarda Steinbrecher, a biologist from the University of London who attended a forum hosted by the delegation, warned of unintended consequences of genetically engineered trees, stating that “the risks of GE trees is extremely high in terms of the impact on biodiversity, the people living around it, and the global ecosystem and climate.”
Not only are current eucalyptus plantations destructive, but the premise that they are superior to natural forests for capturing carbon is also unsound. In 2020, experts published a letter with the Institute of Physics stating that “forests are superior to, and irreplaceable by, plantations as agents of terrestrial C [carbon] sequestration.” They are harvested with incredibly short growing cycles for pulp and paper production, which releases the carbon back into the atmosphere. But the scheme is profitable for Suzano and other pulp companies since they profit from the production of pulp and paper as well as carbon credits for planting trees.
Brazil is home to numerous biomes, the most famous of which is the Amazon forest. Known as “the lungs of the Earth” for the massive amounts of carbon dioxide the forest inhales and the oxygen it exhales, the Amazon is the focus of many conservation initiatives and agreements.
In early August 2023, Brazilian President Luiz Inácio Lula da Silva hosted the Amazon Summit in Belém, the capital of the Brazilian state of Pará, during which another conservation agreement was launched. The eight nations party to the Amazon Cooperation Treaty (ACT) released the Belém Declaration, a document aimed to unify the shared objectives of the signatory nations, which are focused on preserving the Amazon and the rights of Indigenous people who live in it. The United Nations Climate Change Conference (COP30 ) is slated to meet in Belém in 2025.
In a press release, however, the Center for International Environmental Law (CIEL) stated that the Belém Declaration fell short of commitments to end deforestation in the Amazon and failed to address the issues related to the continued use of fossil fuels.
Nikki Reisch, director of CIEL’s Climate and Energy Program, stated:
The Belém Declaration does not commit… to ending deforestation by 2030, or to addressing the primary, intersecting drivers of rainforest loss—industrial agriculture and the extractive and destructive industries that expose primary forests to land conversion.
Glaringly absent from the declaration is any mention of the threat that continued production and use of oil and gas poses to the Amazon and the ecosystems, communities, and climate that depend on it. Instead, exploration and development of new oil and gas projects continue—even at the mouth of the Amazon itself—directly undercutting leaders’ pledges to prevent the region from reaching the point of no return. Allowing expansion of fossil fuel extraction in the Amazon is incompatible with human rights, including Indigenous Peoples’ rights, biodiversity protection, and climate goals.
Similar deference to industry interests plagues the Cerrado, where eucalyptus plantations and agribusiness continue to run roughshod over Indigenous and traditional communities and destroy a lesser-known but equally precarious natural ecological system regardless of ostensible ecological concerns and overtures.

The Suzano multinational corporation is building the world’s largest pulp and paper mill in the Brazilian state of Mato Grosso do Sul. The enormous facility is being built by 10,000 workers, most of whom are stacked in nearby man camps.
(Photo: Orin Langelle)
As the global demand for paper pulp continues to climb, Brazil is expected to be the site of the most significant expansion of these production facilities in South America.
Two regions that the Campaign to STOP GE Trees’ delegation are likely to face the negative impacts of the tremendous growth of eucalyptus plantations to feed the pulp and paper industry.
Quilombola communities the delegation visited stated that in Espírito Santo, most of the municipal land has been turned into plantations by Suzano. They also explained that tax incentives and infrastructure investment in the Três Lagoas region by local and federal governments seek to attract investments by the pulp and paper industry to the state of Mato Grosso do Sul, where much of the native Cerrado forest has been converted to eucalyptus plantation in the past decade.
It is so lucrative that Suzano is building the world’s largest pulp and paper mill in Mato Grosso do Sul. The enormous facility is being built by 10,000 workers, most of whom are stacked in nearby man camps. The mill is expected to employ 10,000 people when completed. The Cerrado Project, as Suzano has deemed it, is in a rural town that has a population of nearly 25,000. The project threatens grave environmental damage to natural habitat and biodiversity, water and air, and a devastatingly precipitous population influx.
Additionally, the Chilean corporation Arauco is planning an even larger mill in Mato Grosso do Sul after the scheduled completion of Suzano’s behemoth.
Land sovereignty of traditional communities has been a politically charged issue in Brazil, and the encroachment on lands belonging to traditional and Indigenous communities by agribusiness was a theme that the delegation heard repeated during its travels through Brazil, including in the affected areas of Espírito Santo, southern Bahia, and Mato Grosso do Sul. Born out of Brazil’s colonial past and decades of military dictatorship, land distributions in the country are highly inequitable. Agribusiness interests have been incredibly aggressive in the past and continue with this trend currently.
“What made us lose our land, our culture, was all those persecutions by agribusiness,” stated José De Souza, an instructor at the Indigenous Ofaié school in Mato Grosso do Sul. The Ofaié was “once a large people,” he said, noting that such agribusiness pressures almost made “them extinct.” Once having a population of tens of thousands, the Ofaié now live on a mere 45 hectares after being forcibly relocated twice. “It’s not an ended thing,” said Souza. “They destroyed our forests and water.” The school where Souza teaches emphasizes Ofaié culture and language in classes often taught outside in the open. The Ofaié land is small but is an oasis of native forest hemmed in by vast stretches of industrial monoculture plantations.

Romildo Biancardi is a farmer who lives in the Landless Workers Movement (MST) encampment in Indio Galdino.
(Photo: Photo: Orin Langelle)
Eucalyptus is as central to the Ofaié land struggle as it is to the MST, one of the most significant movements in South America. The group has nearly 2 million members, with hundreds of thousands of Brazil’s poor living in MST camps as farmers. The MST seeks to reverse Brazil’s profound inequality of land distribution by occupying land for communal farms.
The movement is a lightning rod of controversy in Brasilia, with lawmakers aligned with former Brazilian President Jair Bolsonaro trying to outlaw the movement. Still, judges have often accepted the MST’s interpretation of Brazilian law that allows unproductive land to be taken. The MST has occasionally included eucalyptus plantations as meeting the definition of “unproductive” and has occupied and repurposed them for communal farms.
The movement has been so successful in its occupation strategy that it is estimated that 460,000 families now live in encampments started by the campaign. The MST is forward leaning with an eye to the future with agroecology schools that teach how to grow crops and food using agroecological methods. They are now the largest exporters of organic rice in Latin America.As the MST, Indigenous people, and traditional communities in Brazil struggle against the spread of industrial eucalyptus plantations, the Biden administration is reportedly funding its expansion.
According to a June 2023 article on Mongabay, “Biden promised funds from the U.S. International Development Finance Corporation to conserve the Amazon and other critical Latin American biomes.” Yet according to findings published by Mongabay, the debt investment, if approved by Congress, will primarily “be funneled into mass-produced eucalyptus in Brazil’s Cerrado savanna.”
Mongabay reported that $50 million of the funding would go to Timberland Investment Group’s (TIG) plan to expand its “planted forest operations,” which located its newest office near Suzano’s Cerrado Project in Mato Grosso do Sul.
During the delegation’s visit to Brazil’s capital, Brasilia, to meet with ministers and lawmakers, Indigenous peoples held a large demonstration to oppose a proposal, PL 490, a law its supporters claim would bring certainty and fairness to land disputes in Brazil. Opponents, however, argue that the proposal would actually reverse hard-fought gains by Indigenous communities to have their land rights officially recognized.
Proposed by Bolsonaro-aligned lawmakers, PL 490 would reset Indigenous land claims to October 1988—when the current Brazilian Constitution was adopted after the military dictatorship. Since the lands were taken during the dictatorship, this is a land-grabbing ruse by extractive industries seeking to deny claims of land rights by Indigenous groups and even to erase gains they had made in the past. The Lower House of Congress gave its approval to this bill in May 2023.
The push for PL 490 underscores how land sovereignty is a fundamental issue in Brazilian politics and is inextricably linked to the country’s environment and the rights of traditional communities. Monoculture eucalyptus plantations play a central role in the contest over land rights, an issue central to Brazilian politics and ultimately connected to the rights of traditional communities and the world’s environmental health. With the specter of eucalyptus trees engineered for pesticide resistance and the Biden administration’s embrace of false solutions to climate change, the balance is being further tipped in favor of the pulp and paper industry in that fight.
“As Brazil goes, so does the world when it comes to the use of GE-engineered eucalyptus,” said Petermann. “The significance of the loss of the Cerrado to GE eucalyptus plantations cannot be overstated.”
This article was produced by Earth | Food | Life, a project of the Independent Media Institute.
"These carbon credits are essentially predicting whether someone will chop down a tree, and selling that prediction," said one study author. "If you exaggerate or get it wrong, intentionally or not, you are selling hot air."
Most carbon offset schemes significantly overestimate their impact on reducing deforestation, with many of the carbon credits purchased by polluting corporations amounting to little more than "hot air," according to a researcher behind a study released Thursday that could portend billions of dollars in losses for speculators.
"Reducing emissions from deforestation and forest degradation (REDD) projects are intended to decrease carbon emissions from forests to offset other carbon emissions and are often claimed as credits to be used in calculating carbon emission budgets," explains the study, which was published in the journal Science.
However, according to the study:
We examined the effects of 26 such project sites in six countries on three continents using synthetic control methods for causal inference. We found that most projects have not significantly reduced deforestation. For projects that did, reductions were substantially lower than claimed...
Methodologies used to construct deforestation baselines for carbon offset interventions need urgent revisions to correctly attribute reduced deforestation to the projects, thus maintaining both incentives for forest conservation and the integrity of global carbon accounting.
"Carbon credits provide major polluters with some semblance of climate credentials. Yet we can see that claims of saving vast swathes of forest from the chainsaw to balance emissions are overblown," study co-author Andreas Kontoleon, from the University of Cambridge's Department of Land Economy, said in a statement.
"These carbon credits are essentially predicting whether someone will chop down a tree, and selling that prediction," he added. "If you exaggerate or get it wrong, intentionally or not, you are selling hot air."
Kontoleon added that overestimations of forest preservation have driven an increase in the number of carbon credits on the market, resulting in artificial price suppression.
"Potential buyers benefit from consistently low prices created by the flood of credits," he said. "It means that companies can tick their net-zero box at the lowest possible cost."
This could mean that carbon speculators stand to lose billions of dollars in the future as offsets become stranded assets.
"It's currently a buyer's market and buyers are, rightly, prioritizing quality. There are over a billion tons of issued but not retired credits in the market—this suggests lots of credits can be written off, and there will remain a large supply for buyers to tap into," Anton Root, head of research at AlliedOffsets, told The Guardian Thursday.
"A correction like that could help to orient the market toward fundamental supply-demand dynamics, which we don't currently tend to see, and drive up the price for credits that are deemed to be above the quality threshold," he added.
The new research follows other scientific research and journalistic investigations, including a January study by The Guardian, Die Zeit, and SourceMaterial that concluded that over 90% of the rainforest carbon offsets sold by Verra, the nonprofit organization that sets the world's leading sustainability standard, "are largely worthless and could make global heating worse."
While some scientists argue that CO2 extraction, either via natural or technological means, is needed in order to meet the goals of the Paris climate agreement, opponents call the technology a "false climate solution."
Green groups including Extinction Rebellion and Food & Water Watch have for years warned against carbon capture and storage, which critics call a "scam" and "greenwashing."
"Carbon offset markets are widely discredited," Food & Water Watch policy director Jim Walsh said earlier this year. "Their only benefit lies in enriching the middlemen charged with selling the lie."
Despite this, the Biden administration is pushing ahead with a plan to invest $2.5 billion in a pair of major carbon capture and storage projects, which it claims will "significantly reduce carbon dioxide emissions from electricity generation and hard-to-abate industrial operations" as part of the "effort critical to addressing the climate crisis and meeting the president's goal of a net-zero emissions economy by 2050."