By Chris Lang A group of Paraguayan and international organisations have sent an open letter to the board of the Green Climate Fund which will meet in Songdo, Republic of Korea, from 12 to 14 November 2019. Several of the funding requests under consideration are related to REDD, including an extraordinarily bad proposal to subsidise…
Author: Chris Lang
A company calling itself Global Capital Holdings and/or Herald Investment Trust is running a recovery room scam
By Chris Lang 360 Invest Group was a scam company that sold carbon credits to retail investors. REDD-Monitor first wrote about the company in August 2013. 360 Invest Group targeted pensioners with high pressure sales. In 2016, I wrote two more posts featuring 360 Invest Group based on a series of emails between 360 Invest…
Greenwash: How the RSPO fails to uphold its own rules
By Chris Lang The Roundtable on Sustainable Palm Oil operates under the slogan, “Transforming markets to make sustainable palm oil the norm”. Created in 2004, the RSPO is supposed to reassure consumers and manufacturers that products with the RSPO label are not linked to rainforest destruction, human rights abuses, or habitat destruction of endangered species…
Tell the the Green Climate Fund: No to IFC subsidies for REDD offsets! No to REDD funding!
By Chris Lang The Board of the Green Climate Fund will meet in Songdo, Republic of Korea, from 12 to 14 November 2019. Several funding requests are related to REDD, in Chile, Paraguay, and Laos. Particularly egregious is a funding request from the International Finance Corporation for a “Multi-Country Forest Bonds Programme”. The IFC programme…
Robert Sedgwick: The solicitor who helped London Capital & Finance sell mini-bonds also helped scammers sell “carbon benefit units” from the April Salumei REDD project in Papua New Guinea
By Chris Lang In January 2019, an investment scheme called London Capital & Finance went into administration after an investigation by the Financial Conduct Authority.