Three weeks ago, REDD-Monitor wrote about an Australian company called Sovereign Green Global Australia and its REDD project in Papua New Guinea. This morning, a response arrived from Tony Adams, the Chairman of Sovereign Green Global Australia.
Category: Papua New Guinea
The strange story of Sovereign Green Global Australia, Green Giant Venture Fund, Astra Resources and a REDD project in Papua New Guinea
Sovereign Green Global is, according to its website, running a REDD+ conservation project, “located primarily in the Milne bay province of Papua New Guinea”. The project covers “approximately 125,000 hectares of rainforest”. But details of the project are scant and the information that is available rings plenty alarm bells.
Industry RE: Another carbon credit company goes into liquidation
In June 2011, Industry RE forward purchased one million REDD carbon credits from an Irish company called Celestial Green Ventures. On 11 September 2013, the High Court in London appointed Julie Palmer and Jason Greenhalgh of Begbies Traynor as joint liquidators of Industry RE, “on the application of the Secretary of State and following intervention…
Rainforest Foundation Norway: “Why securing the rights of forest peoples is the right way to save the forest”
A new report by Rainforest Foundation Norway “shows how a rights-based approach is both the most effective way to protect the rainforest, as well as the best way to avoid that forest protection leads to human rights violations.”
Disagreement on REDD finance during the “stalemate” climate negotiations in Bonn
Last year, emissions of carbon dioxide increased by 3.2% to 31.6 billion tonnes, according to figures released by the International Energy Agency. Fatih Birol, IEA’s chief economist told Reuters that, “[T]he trend is perfectly in line with a temperature increase of 6 degrees Celsius (towards the end of this century), which would have devastating consequences…