Bonn II: REDD discussions at the June 2009 UNFCCC climate meeting | REDD-Monitor

Bonn II: REDD discussions at the June 2009 UNFCCC climate meeting | REDD-Monitor: "Bonn II also saw mounting concern among developing countries over the role offsetting plays in enabling industrialised countries to avoid cutting their own emissions. In the AWG-KP, many Parties called for emissions reduction targets to be met domestically, with use of flexible mechanisms, such as the Clean Development Mechanism (CDM) or potential credits from “sinks” (emissions removals from land use change), being allowed only in addition to binding reduction commitments met within industrialised countries. South Africa emphasised that offsetting creates additional burdens on the poor because it allows industrialised countries to buy developing countries’ cheapest emissions reductions, leaving the latter to foot the bill for any future, more costly cuts."