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Category: Peru

IFC’s forest bonds: Quantitative easing for sub-prime REDD carbon credits

Posted on 9 July 20199 November 2019

A recent report by the Rainforest Foundation UK describes the potential scaling up of the International Finance Corporation’s Forest Bonds programme as “One of the most worrying evolutions of GCF activities in the Congo Basin”.

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Monitoring deforestation for REDD: Maps, datasets, and above all uncertainty

Posted on 3 July 2019

How do we know whether or not a REDD project is actually reducing deforestation and forest degradation? Satellite data is one increasingly popular answer. Computers can be trained to use the data to detect deforestation and changes in land use and plot the information on easy to read maps.

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Can buying Ben & Jerry’s ice cream save the Cordillera Azul National Park in Peru? Featuring Ecosphere+, Althelia, the Poseidon Foundation, REDD, Blockchain, and the government of Malta

Posted on 9 November 20185 August 2022

By Chris Lang Since May 2018, if you buy ice cream from Ben & Jerry’s Scoop Shop in Wardour Street, London, you will also buy a small part of a carbon credit. For every scoop of ice cream, a penny goes to buying carbon credits from the Cordillera Azul National Park REDD project in Peru.

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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 201724 January 2023

By Chris Lang 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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Recent Comments

  • Julien Kokelberg on Diffraction Limited: Another carbon credit boiler room bites the dust
  • Ben on Response from Kurt Kaiser, Director of Compass Carbon: “Your article was of great concern to us”. And some questions for Kaiser from REDD-Monitor
  • James Mewa Kamaya on Papua New Guinea’s Forest Authority cancels Mayur Resources’ Kamula Doso REDD project
  • Benedikt von Butler on Switzerland’s offsetting deal with Peru excludes REDD. It will still not reduce emissions
  • George Wolfe on The Carbon Credit Registry carbon credit “reformatting” scam continues: A company calling itself Williams & Gray is running a recovery room scam

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