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Tag: Canopy Capital

Canopy Capital’s Iwokrama, Guyana, project ‘shrouded in secrecy’; indigenous residents not consulted

Posted on 3 December 20087 June 2012

In the short report below, we provide some insights from the Forest Peoples Programme into the much-heralded ‘Payment for Ecosystem Services’ initiative which has been set up by a company called Canopy Capital, in the rainforests of Guyana.

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Global Canopy Programme misled conservation activists before vote on ETS forest credits

Posted on 10 October 200820 March 2015

Conservation campaigners were misled into believing that the Worldwide Fund for Nature (WWF) supported the inclusion of ‘avoided deforestation’ credits within the the European Emissions Trading Scheme (ETS) ahead of Tuesday’s vote in the influential Environment Committee of the European Parliament.

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REDDisms

“Instruments such as Reducing Emissions from Deforestation and Forests Degradation (REDD), for example, allow polluters to continue polluting by assigning token forest patches in the global south with values of carbon allegedly stored in perpetuity in the trees. The logic is you pollute and I offset. While nations engaged in this false solution pretend they have taken action, impacted forest communities are cut off from their natural resources and the lucky ones get engaged as forest guards!”

— Nnimmo Bassey, Environmental Rights Action in Nigeria, November 2012

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Recent Comments

  • Chris Lang on Bar Works: The return of Renwick Haddow
  • Michael Freestone on Radio 4’s Anatomy of a Fraud: Featuring World Commodity Trading, Heritage FA, Eco-Synergies, IGL Labs UK, Diffraction Diamonds DMCC, Diffraction Limited, Citadel Trustees, and World Gemological Institute
  • Chris Lang on James Moore found guilty of wire fraud and conspiracy in Renwick Haddow’s Bar Works investment scam
  • Ben Fielden on A company calling itself Global Capital Holdings and/or Herald Investment Trust is running a recovery room scam
  • Ian Foote on Carbon offsets and tax havens: ClimateCare, Bunge, and Tricorona

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