Green Resources is a Norwegian company that claims to be “Africa’s largest forestation company.” The company has established a total of 45,000 hectares of industrial plantations in Africa. It also generates carbon credits from its plantations.
A German company called Global Woods is planting more than 8,000 hectares of pine plantations in the Kikonda Forest Reserve, Uganda. The company claims that its monoculture plantations produce “sustainable timber”. But the project is controversial. Farmers had to move to make way for the plantations, and have an ever smaller area to grow their…
Green Resources is a Norwegian company with plantations in Africa. According to the company, its plantation operations follow, “high international practice for sustainable forest management, ESG [environmental, social and corporate governance] responsibilities and carbon sequestration”.
“Carbon forestry is privatizing, commodifying and financializing the world’s forests, recasting relations between state and market forest landscapes,” says Jesse Ribot, University of Illinois in a review of a new book.