By Chris Lang Yesterday, REDD-Monitor wrote about the Althelia Climate Fund. The post was based on a new report published by Re:Common and Counter Balance. The report focussed on Althelia’s REDD projects in Kenya as well the financial structure of the fund.
Tag: Carbon Credits
REDD inequity writ large: €4.4 million for Althelia Climate Fund in “management fees”, while villagers in Kenya ask “How is the carbon benefiting me?”
By Chris Lang A new report by Re:Common and Counter Balance investigates the Althelia Climate Fund and its investment in a REDD project in Kenya. The report highlights the findings of a July 2016 visit to the Kasigau Corridor REDD+ project area in Kenya.
“Returns up to 895%” and other misleading statements from Property Frontiers about investments in EcoPlanet Bamboo and Silva Tree
Property Frontiers attracts investors to its alternative investments by making claims that they can make huge returns.
Mohsin Salya is no longer wanted by the German authorities. Peter Singh Virdee, alias “Batman”, faces extradition to Germany
A British man, Mohsin Usmangani Salya, has been sentenced to three years and three months in jail. Carbon Pulse reports that a court in Germany found Salya guilty of carbon credit VAT fraud.
Vision 2050 Forestry in Ghana: The inequities of a carbon credit project
A company called Vision 2050 Forestry claims to be the “leading forestry company in West Africa”. According to the company, between September 2008 and February 2010 more than 300,000 people signed up to Vision 2050 Forestry’s Carbon Credit Project. The company claims that 150 million trees were planted and “five million people are expected to…