Compensate’s evaluation process found that 91% of carbon offset projects fail.
Category: Finland
Swedish Energy Agency delays US$1 million carbon credit payment to Green Resources
The Swedish Energy Agency has postponed a SEK 10 million payment for carbon credits from Green Resources’ plantations in Uganda, because of on-going concerns.
Evicted for carbon credits: New Oakland Institute report confirms forced evictions for Green Resources’ plantations in Uganda
The Oakland Institute has released a new report about the impact of Green Resources’ plantations in Uganda on local communities: “Evicted for Carbon Credits: Norway, Sweden and Finland displace Ugandan farmers for carbon traders”. The report is the Oakland Institute’s third about Green Resources, exposing the destructive impact the company’s plantations have had on local…
Human rights and environmental organisations urge Finland to stop funding the Kenya Forest Service following human rights abuses of indigenous Sengwer people
Last week, the EU suspended funding to a conservation and climate project in Kenya. The suspension came after Kenya Forest Service guards shot and killed Robert Kirotich, an indigenous Sengwer man. Yesterday, human rights and environmental organisations wrote to the Finnish government calling for the suspension of Finland’s €9.5 million “Private Forestry and Forest Enterprise…
Koenig Rowe Campbell Alliance: More red flags than a golf course
A company called Koenig Rowe Campbell Alliance is cold calling people in several countries, claiming to be a wealth advisory firm established in 1978. KRC Alliance takes clients’ money and claims to invest it. The investment will need to be increased, for whatever made up reason, to reach a certain number of shares. Then, in…