The Eco Resources Fund was launched in July 2012 in the Isle of Man. Via a special purpose vehicle called ERF Limited, the Fund invested in bamboo plantations in Nicaragua and South Africa. The bamboo plantations are run by EcoPlanet Bamboo.
A company called EcoPlanet Bamboo (UK) Ltd launched a “bamboo bond” in 2011. Investors were encouraged to hand over their money, which would be used to establish bamboo plantation in Nicaragua. Camille Rebelo, one of the co-founders of EcoPlanet Bamboo, claimed that an investment of US$50,000 would see a return of 500% over 15 years….
By Chris Lang The Swedish Energy Agency has cancelled its contract to buy carbon credits from Green Resources. The Swedish Energy Agency has finally recognised the impacts that Green Resources’ industrial tree plantations have on local communities in Kachung in Uganda.
By Chris Lang At its 25th board meeting from 10-12 March 2020, the Green Climate Fund is due to decide whether to provide US$25 million to the Arbaro Fund. The money, together with a further US$175 million co-financing largely from other public sources, would be used to establish 75,000 hectares of commercial tree plantations in…
By Chris Lang The Ankeniheny-Zahamena Corridor is an extremely biodiverse area of forest in the eastern part of Madagascar. It is one of the largest remaining areas of rainforest in the country. The Ankeniheny-Zahamena Corridor was designated as a national park in 2015.