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Category: Peru

Prince Charles’ offshore investment in Sustainable Forestry Management Ltd: A cautionary tale featuring conflicts of interest, a web of offshore companies, carbon credits, transfer pricing, and tax avoidance galore

Posted on 15 November 201726 June 2020

Sustainable Forestry Management Ltd was the name of a company incorporated in the Bahamas in October 1999. The company set up forestry projects and traded carbon credits. Its directors included Eric Bettelheim (Executive Chairman and General Counsel), Alan Bernstein (Chief Executive Officer), and Hugh van Cutsem (Director).

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New CIFOR infobrief: Rights abuse allegations in the context of REDD+ readiness and implementation

Posted on 7 November 2017

In 2007, the Forest Peoples Programme put out a briefing paper about reduced emissions from deforestation, or RED, as REDD was called back then. The briefing warned of the risks of the rapid expansion of avoided deforestation schemes without due regard to rights, and social and livelihood issues.

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REDD: The world’s largest top-down tool in development cooperation

Posted on 13 October 201625 April 2017

“The aim of reducing the emissions from forest destruction and degradation caused by industrial agriculture, logging, mining for fossil resources, etc. is today decisive to the survival of humankind and our planet. However, when the tool to achieve this aim is the trading of emission credits (offsets), we arrive at the wrong solutions.”

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Climate tipping point? The Amazon faces intense droughts and fires again this year

Posted on 19 July 201615 February 2019

According to NASA, the Amazon is drier at the start of this year’s dry season than any year since 2002. The reason is reduced rainfall during the wet season because of El Niño. The result could be intense fires in the Amazon later this year.

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“Trash and run”: The Melka Group plans to sell its destructive oil palm plantations in Peru

Posted on 30 June 201630 June 2016

In April 2016, indigenous leaders travelled from Colombia, Indonesia, Liberia, and Peru to Europe, calling for action on human rights violations and land grabbing associated with the expansion of oil palm plantations in their countries.

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“I guess in some ways it’s akin to subprime. You keep layering on crap until you say, ‘We can’t do this anymore.'”

— Marc Stuart of EcoSecurities after the value of his company’s shares crashed in 2008

Recent Comments

  • Abel Ateu on The return of the carbon cowboys: How NIHT Inc failed to get free, prior and informed consent for REDD in New Ireland, Papua New Guinea
  • Sander van den Ende on Kevin Conrad signs REDD deal with Papua New Guinea
  • Eyedeal on “Returns up to 895%” and other misleading statements from Property Frontiers about investments in EcoPlanet Bamboo and Silva Tree
  • Chris Lang on Carbonballs: Nigel Farage, carbon offset lobbyist
  • Steve Zwick on Carbonballs: Nigel Farage, carbon offset lobbyist
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Recent Posts

  • Coalition for Rainforest Nations announces sale of 6,106 REDD credits from Papua New Guinea to Blackstone Energy Services
  • Carbonballs: Nigel Farage, carbon offset lobbyist
  • Kevin Conrad signs REDD deal with Papua New Guinea
  • Court of Appeal upholds conviction of Paul Moore, Michael Moore, and Haydon Driscoll, the men behind the Burbank of London carbon credit investment scam
  • Court of Appeal upholds conviction of carbon conman Sami Raja. In his 2019 trial, Raja’s legal representatives withdrew because “they were professionally embarrassed”

Recent Comments

  • Abel Ateu on The return of the carbon cowboys: How NIHT Inc failed to get free, prior and informed consent for REDD in New Ireland, Papua New Guinea
  • Sander van den Ende on Kevin Conrad signs REDD deal with Papua New Guinea
  • Eyedeal on “Returns up to 895%” and other misleading statements from Property Frontiers about investments in EcoPlanet Bamboo and Silva Tree
  • Chris Lang on Carbonballs: Nigel Farage, carbon offset lobbyist
  • Steve Zwick on Carbonballs: Nigel Farage, carbon offset lobbyist

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