By Chris Lang Glenleigh Trading is a UK company selling carbon credits as investments. The company claims to have specialised in emissions trading “for many years”. Pretty impressive for a company that was registered in 2011 and whose only director, Christy John Browne, is 23 years old.
Author: Chris Lang
“Appropriate market based mechanisms cannot include trading carbon as offsets”: Accra Caucus intervention during UN REDD finance workshop
Last week a UN meeting on results based finance for REDD took place in Bonn, Germany. “Workshop on results-based finance for the full implementation of the activities referred to in decision 1/CP.16, paragraph 70”, to give it its full title. The aim of the UN work programme on REDD finance is to “contribute to the…
Ecuador plans to drill for oil in the Yasuní National Park
Ecuador has abandoned its plans to leave the oil where it belongs under the Yasuní National Park. Ecuador was asking for US$3.6 billion, or half the market value of the 850 million barrels of oil in the Ishpingo-Tambococha-Tiputini (ITT) oil field below Yasuní. Last week, Ecuador’s president Rafael Correa cancelled the plan and announced that…
Friends of the Earth calls for an open review of the Kalimantan Forest Carbon Partnership
Friends of the Earth Australia has written to the Australian Government calling for “an open review of its failed experiment in climate aid in Central Kalimantan, Indonesia”. The Australian-funded Kalimantan Forest Carbon Partnership was quietly shelved earlier this year.
BluForest Inc to pre-sell carbon credits from REDD project in Ecuador to non-existent UK company
BluForest Inc claims to be setting up REDD projects in Ecuador. It plans to generate carbon credits from 105,000 hectares of land in Ecuador.