Trees and Climate: Greenwashing, Cronyism, and Civil Society in the Mix

“I’ve never felt more hopeful. We really can achieve a goal as bold as a trillion trees,” said Jad Daley, president of American Forests, which will lead the push. “I’ve never seen a convergence of interest and support from such a diverse coalition.”

– Politico Morning Energy, August 27, 2020.

Cronyism can take many forms. It most commonly is when a corporation teams with government for a special favor. It can also take place when a nonprofit teams with corporations with government favor in the background.

TURNING OVER A NEW LEAF: Several dozen major U.S. companies, nonprofit groups and local governments announced today a commitment to plant and conserve 855 million trees by 2030, in a step toward fulfilling the global Trillion Tree Initiative that the president backed in January.

The pledges, which are anticipated to cover 2.8 million acres with trees, build on the political effort to restore forests as a way to fight climate change and create jobs in rural and low-income areas to help the country recover from recession caused by the Covid-19 pandemic, Pro’s Anthony Adragna reports.

“I’ve never felt more hopeful. We really can achieve a goal as bold as a trillion trees,” said Jad Daley, president of American Forests, which will lead the push. “I’ve never seen a convergence of interest and support from such a diverse coalition.”

Among those offering pledges are large corporations, such as Salesforce, Mastercard and ACRE Investment Management, as well as major nonprofits, such as Arbor Day Foundation and the National Forest Foundation, and the city governments of Dallas, Boise and Detroit.

The pledges will take a number of forms. While some companies are committing to a specific number of physical trees, others are pledging financial backing or combining tree planting with activities like nursery expansion and workforce development. Bank of America, for example, will commit $300 billion “to mobilize capital and develop solutions to climate change” that in part would help develop a voluntary carbon offset market to leverage into more planting and restoration projects.

The post Trees and Climate: Greenwashing, Cronyism, and Civil Society in the Mix appeared first on Master Resource.

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January 15, 2022 at 01:03AM

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