By Chris Lang The Katingan Peatland Restoration and Conservation Project covers an area of about 150,000 hectares in Central Kalimantan, Indonesia. The project was created in 2007 by an Indonesian company called PT Rimba Makmur Utama. The director of the company is Dharsono Hartono.
Tag: Carbon Offsets
Carbon offsets and tax havens: ClimateCare, Bunge, and Tricorona
By Chris Lang Tax havens exist so that individuals and corporations can avoid paying income taxes. Registering a company in a tax haven is not illegal. Just a way of avoiding paying tax.
Can flying go green? Spoiler alert: No
By Chris Lang This week, the British TV programme Panorama asked the question, “Can flying go green?” “Our passion for plane travel is warming the planet,” says Panorama’s reporter, Justin Rowlatt. “Tonight we investigate how the industry is trying to clean up its act, and ask how much can we trust their environmental promises?” About…
Tell the the Green Climate Fund: No to IFC subsidies for REDD offsets! No to REDD funding!
By Chris Lang The Board of the Green Climate Fund will meet in Songdo, Republic of Korea, from 12 to 14 November 2019. Several funding requests are related to REDD, in Chile, Paraguay, and Laos. Particularly egregious is a funding request from the International Finance Corporation for a “Multi-Country Forest Bonds Programme”. The IFC programme…
Green Finance Observatory: Five major problems with natural climate solutions
By Chris Lang Recently, the so-called “forgotten solution” of natural climate solutions has been widely promoted. More than 150 nature-based solutions were announced at the recent UN Climate Action Summit in New York.