In his book “Foreclosing the Future”, Bruce Rich notes that one of the lessons of 20 years of the World Bank is “governance first”. Even the best designed projects will fail in the absence of proper institutional and legal capacity.
Author: Chris Lang
Carbonballs: “Enviro Associates believe that demand for all types of emission reduction units will grow more quickly than supply”
REDD-Monitor’s occasional series, Carbonballs features the howlers made by con artists selling carbon credits as investments. This time round, it’s Enviro Associates trying to explain carbon credits to gullible investors.
Climate change, corporations and profit
A new IPPC report tells us climate change is happening. A new book by McKenzie Funk tells us how corporations are profiting from climate change.
More carbon credit boiler rooms: ASJ International and Tower Trade
Here’s a comment from a couple of months ago on REDD-Monitor: “I invested with ASJ International Dec 2012 and now cannot get hold of them. Any news?”
Schwarzenegger profits from destructive logging companies
New research by Global Witness and Profundo reveals that Arnold Schwarzenegger is part owner of an investment company that holds shares in some of the world’s most destructive logging companies.