By Chris Lang In July 2020, REDD-Monitor wrote about a company called Green IS Group. The company offers investments in “Green Bonds”. Based on what the company itself says about the investment, I described the bonds as “an extremely high risk, completely unregulated investment”.
By Chris Lang A new report by the UN’s Principles for Responsible Investment makes the claim that, “forest-related Nature-Based Solutions (NBS) could generate US$800 billion in annual revenues by 2050, worth US$1.2 trillion today in NPV [net present value] terms, surpassing the current market capitalisation of the oil & gas majors”.
By Chris Lang This week’s REDD notes. Follow @reddmonitor on Twitter for more links to news about forests, the climate crisis, natural climate solutions, the oil industry, greenwash, carbon offsetting, etc.
By Chris Lang Earlier this week, REDD-Monitor received an email from “John”. John had been cold called by Simon Humphries, who claimed to be from a company called Williams & Gray. Humphries told John that Williams & Gray could sell the carbon credits he had been scammed into buying years ago for more than £20…
We have more than 20 years of evidence that carbon markets have failed to address the climate crisis. Yet carbon trading is booming. The oil industry plans to use natural climate solutions to greenwash its operations, and the aviation industry plans to use carbon offsets to allow its emissions to continue increasing.