The Intergovernmental Panel on Climate Change released a special report this week on the impacts of 1.5°C global warming. The report looks at “related global greenhouse gas emission pathways, in the context of strengthening the global response to the threat of climate change, sustainable development, and efforts to eradicate poverty”.
REDD in the news: 1-7 October 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.
A company called “NLC Partners” is running a recovery room scam
A company called “NLC Partners” is contacting people who were scammed into buying carbon credits as investments. NLC Partners claims to be able to sell the carbon credits. Needless to say, this has all the hallmarks of a recovery room scam.
A glimpse at Brazil reveals the big REDD problems that California’s Tropical Forest Standard fails to address
On 5 September 2018, the California Air Resources Board released a draft California Tropical Forest Standard. A 191-page Draft Environmental Analysis was released on 14 September 2018. A public meeting will take place on 15 November 2018, and the California Air Resources Board is inviting comments on the Environmental Analysis before 5 pm on 29 October 2018.
REDD in the news: 24-30 September 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.
Red flags: Radley Ventures Nominees, part of the Thorn Medical network, is selling shares in Med Cell Plc, a Liverpool-based firm linked to stem cell company Med Cell Bahamas
A company called Radley Ventures Nominees is involved in selling shares in Med Cell Plc, a UK registered company linked to a stem cell research company in the Bahamas. REDD-Monitor has seen a copy of Radley Ventures Nominees’ “Confidential Private Placement Agreement”. Needless to say, this so-called “investment” raises plenty of red flags.
Boiler room scammer Michael Nascimento jailed for 13 years
Michael Nascimento has been sentenced to 13 years in jail for his role in a series of boiler room companies.
Between July 2010 and April 2014, the scammers cold called members of the public promoting investment schemes in Madeira. They promised guaranteed returns of between 125% and 228%, and convinced more than 170 people to hand over a total of more than £2.8 million. Of course, no one who invested ever saw any returns.
REDD in the news: 17-23 September 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.
Brazil: The Suruí REDD project has been suspended indefinitely
The Suruí Forest Carbon Project in Brazil has been suspended indefinitely as a result of illegal diamond and gold mining, as well as illegal logging, inside the 248,147 hectare territory of the Suruí.
‘Actually existing’ REDD: Social tensions, ongoing deforestation, local confusion, financial benefits not delivered
“Early evidence from REDD+ projects suggests major challenges, including: ongoing weak enforcement of domestic laws on forests and land, leading to limited effectiveness; contestation or conflict over property rights and community benefits; as well as securitisation and violence, often perpetrated by government agencies.”
REDD in the news: 10-16 September 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.
Indigenous Peoples protest REDD in California: “No carbon colonialism. No REDD+”
This week sees the Global Climate Action Summit in San Francisco, USA. Organised by California’s governor, Jerry Brown, the Global Climate Action Summit runs from 12 to 14 September 2018.
REDD in the news: 3-9 September 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.
Are Indonesia’s peatland fires worse than burning coal?
Harold Tjiptadjaja is Managing Director and Chief Investment Officer of Indonesia Infrastructure Finance, an institution created by the World Bank, the Asian Development Bank, and Indonesia’s Ministry of Finance. IIF funds oil and gas projects, airports, toll roads, seaports, and power generation, among other things.
This week Eco-Business reported Tjiptadjaja as saying that “Deforestation poses a bigger problem for the climate than burning coal in Indonesia”.
REDD in the news: 27 August – 2 September 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.