By Chris Lang A new report from the Union of Concerned Scientists claims to show “how a substantial number of developing countries … have reduced deforestation.” The report is based on peer-reviewed quantitative data. Good news!
Author: Chris Lang
The Trend is Blue: A carbon credit boiler room turns to the recovery room scam
By Chris Lang The Trend is Blue is a company that used to sell near-worthless carbon credits as investments. That’s the boiler room part of the carbon credits scam. Now the company rings people up to tell them that they have a buyer for their near-worthless carbon credits. For an advance fee, no doubt. That’s…
“FCA’s investigation to determine if deals such as African Land are a collective investment scheme or not, is irrelevant. The bigger concern is if it might be a scam”
African Land Ltd had a simple offer: Invest in “low-cost, high potential” farmland in Sierra Leone. “We Harvest – You Profit” was the headline of one of the company’s brochures.
Diffraction Limited: Another carbon credit boiler room bites the dust
By Chris Lang The High Court in London has ordered Diffraction Limited into liquidation following an investigation by the Insolvency Service. Diffraction Limited is another part of the web of companies around Eco-Synergies.
Guest Post: Leaked World Bank documents reveal risk of serious weakening of safeguards for forests, natural habitat and biodiversity
Korinna Horta has worked for more than 20 years on international finance, environment and human rights issues. She currently works with Urgewald, a German NGO.