“The TFS [Tropical Forest Standard] approach risks producing a landslide of false credits due to the challenges with ensuring credited reductions are permanent, non-leaking, and additional, and the inherent possibility that other jurisdictions buying and selling TFS credits will interpret the TFS’ protections liberally. California should not lend its name to these efforts nor commit…
Category: Brazil
Serious Fraud Office charges Andrew Skeene and Omari Bowers, former directors of Global Forestry Investments
Serious Fraud Office charges Skeene and Bowers with conspiracy to defraud, forgery, and misconduct in the course of winding up.
Norway and Brazil’s negotiations about the Amazon Fund are ignoring the failure to address the drivers of deforestation
Norway and Brazil are currently negotiating the future of the Climate and Forest Agreement between the two countries. In a press statement, the Norwegian government claims that, “From Norway’s point of view, the Amazon Fund has worked well until now.”
Capital Alternatives: Anyone who was scammed by African Land or Capital Carbon Credits should complete the FCA’s questionnaire before 31 March 2019
The Financial Conduct Authority is asking anyone who was scammed by African Land or Capital Carbon Credits to complete a questionnaire and send documents to the FCA by 31 March 2019.
Brazil’s funding proposal for REDD results-based payments to the Green Climate Fund would set a terrible precedent
A proposal from Brazil for results-based payments from the Green Climate Fund will be considered by the GCF board at the end of this month. If approved, it would set a terrible precedent, wasting GCF money without creating any incentive to protect forests in the future.