“In order to be both effective and equitable, REDD+ will require large areas of land with clear tenure arrangements. Yet many developing countries suffer from conflicts over land ownership and continue to exclude local communities from land use decisions. How will REDD+ impact peace and security in these countries?”
Author: Chris Lang
Australia shuts down the Kalimantan Forest Carbon Partnership: “A lot of funds spent and very little progress”
Australia has quietly shelved its Kalimantan Forest Carbon Partnership project. The US$43 million project will be closed before most of the project’s targets have been met.
Global Carbon Exchange: “There are more holes in GCE’s sales pitch than in any Swiss cheese”
Global Carbon Exchange sells carbon credits to individuals as an investment. It’s another boiler room scam.
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Foreco Growth Investments Ltd: Another carbon credit boiler room bites the dust. “More proof that you should keep your savings well away from carbon credits”
On 12 June 2013, Foreco Growth Investments Ltd, a UK-based company that sold carbon credits as investments, was wound up in the High Court in London. The company is the latest in a series of similar companies to be investigated by the Insolvency Service and subsequently closed down.