The Court of Appeal has upheld a February 2014 High Court ruling in which the Financial Conduct Authority won their case against Capital Alternatives and other firms. The FCA accused the firms of “promoting and/or operating collective investment schemes (CISs) in the UK illegally and without our authorisation”.
A paper published this week in Nature concludes that the Amazon is losing its capacity to absorb carbon. In the past decade, the carbon absorbed by the Amazon each year has decreased by about one-third.
Last week, 300 peasants from Brazil’s Landless Workers’ Movement (MST) occupied a meeting of the National Technical Biosafety Commission (CTNBio) and prevented a vote on the release of genetically engineered eucalyptus trees.
In 2012, after the Suruí Forest Carbon Project was validated by the Verified Carbon Standard and the Climate, Community and Biodiversity Standard, this was “pathbreaking news for the project … and the progress of REDD worldwide,” according to Forest Trends.
The controversy surrounding the Suruí Forest Carbon Project in Brazil continues. In January 2015, leaders of the Paiter-Suruí wrote a “Note of Clarification” in which they called for the end of the project. The Metareilá Association, the organisation that runs the Suruí Forest Carbon Project, has now responded with a defence of the project.