The scammers behind the Carbon Positive Trading and Carbon Capital fraud have been sentenced to longer prison sentences after failing to return their ill-gotten gains.
Category: Ethiopia
The Green Climate Fund must reject Arbaro’s industrial tree plantations
By Chris Lang At its 25th board meeting from 10-12 March 2020, the Green Climate Fund is due to decide whether to provide US$25 million to the Arbaro Fund. The money, together with a further US$175 million co-financing largely from other public sources, would be used to establish 75,000 hectares of commercial tree plantations in…
Land Grabbing: “Big, big problem”
“It’s very attractive. The earnings are very high and we’ve got hybrid material now. You harvest in the 24th month, and the repayment period is about seven years at the most… For the next 20 years it’ll be laughing yourself all the way to the bank.”
I’m a GNU. How do you do? A REDD animal appears in Paris with a promise of US$5 billion
On the first day of the UN climate negotiations in Paris, the governments of Germany, Norway and the United Kingdom pledged US$5 billion for REDD, between 2015 and 2020. The GNU countries say they “have signaled they will increasingly target results-based finance for countries who deliver verified REDD+ emission reductions”.