By Chris Lang In July 2020, REDD-Monitor wrote about a company called Green IS Group. The company offers investments in “Green Bonds”. Based on what the company itself says about the investment, I described the bonds as “an extremely high risk, completely unregulated investment”.
Category: Brazil
Global Forestry Investments: Skeene and Bowers plead not guilty
By Chris Lang Andrew Skeene and Omari Bowers, former directors of Global Forestry Investments, last week pleaded not guilty to fraud charges. In 2019, following an investigation by the Serious Fraud Office, Skeene and Bowers were arrested and charged with three offences of conspiracy to defraud, four offences of forgery, one offence of misconduct in…
Regulatory failure: The strange case of a French company called Carbon Market
By Chris Lang Carbon Market is a timber company, registered in France in May 2009. The company imports timber from Bolivia, Brazil, Peru, Cameroon, the Democratic Republic of Congo, and Gabon.
Copenhagen is using biomass from monoculture plantations in Brazil to become “carbon neutral”: Yet another false solution to the climate crisis
By Chris Lang Copenhagen plans to be the world’s first carbon neutral capital city by 2025. One of the city’s targets is to produce electricity from wind and “sustainable biomass”. Two weeks ago the ship IDC Pearl arrived at the Amager BIO4 power plant in Copenhagen carrying more than 32,000 tons of wood chips from…
High Court orders Andrew Skeene and Omari Bowers, former directors of Global Forestry Investments, to pay £8.6 million
By Chris Lang Andrew Skeene and Omari Bowers ran a company called GFI Consultants Ltd. They used the name Global Forestry Investments and claimed to offer an “ethical and financially rewarding investment” in teak plantations in Brazil.