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Green Climate Fund Supports Deforestation in Paraguay

1 Mar 2018

1 March, 2018: The Board of the Green Climate Fund (GCF) [1] has approved a 90-million-dollar climate change project in Paraguay called “PROEZA” [2] at its Board meeting which concluded in South Korea today. Among other things, PROEZA will expand monoculture tree plantations to produce cheap bioenergy for the benefit of the soy industry.  Forest, farmers, and indigenous women’s organizations of Paraguay, members and allies of the Global Forest Coalition [3], have severely criticized this move stating that the project…

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