A new report from the United Nations University highlights how carbon markets supporting forest preservation and tree-planting may inadvertently contribute to climate change. It reveals that increasing wildfire risks are transforming forests into significant carbon emitters. These findings are timely, as recent wildfires in Canada have released more greenhouse gases than most industrial countries, raising concerns about global climate strategies that focus on planting and protecting trees without accounting for wildfire impacts. This report calls into question the integrity of the voluntary carbon market and its effectiveness in mitigating climate change.
"The 2023 forest wildfires in Canada emitted more greenhouse gases than the total industrial emissions of any country in the world except for China and India."
"Forests and peatlands have increasingly transitioned into massive carbon emitters in many parts of the world due to increasing wildfires, the report says."
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