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Tag: CDM

Dark Green? Response from Mads Asprem, CEO of Green Resources, to the Oakland Institute

Posted on 5 November 201412 April 2018

Yesterday, REDD-Monitor wrote about the impact of Green Resources’ plantations on local communities in Uganda. The post was based on a new report by the Oakland Institute, “The Darker Side of Green: Plantation Forestry and Carbon Violence in Uganda”.

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Carbon violence: The impact of Green Resources’ carbon plantations in Uganda

Posted on 4 November 201411 March 2020

A new report by the Oakland Institute introduces the term “carbon violence” to describe the impact of Green Resources’ plantation operations in Uganda on local communities and their environment. Green Resources is a Norwegian-registered plantation company with 41,000 hectares of plantations in Africa, in Mozambique, Tanzania and Uganda.

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INTERPOL: Intangible carbon markets at risk from criminal networks

Posted on 8 August 20139 December 2014

A new report from INTERPOL describes the crimes that have already taken place in global carbon markets and warns that “The intangible nature of the global carbon trading markets puts them at risk for exploitation by criminal networks”.

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Clean development mechanism: zombie projects, zero emissions reductions and almost worthless carbon credits

Posted on 12 July 201327 September 2016

Last week, the clean development mechanism registered its 7,000th project. At a first glance, the statistics look impressive. Over a 10 year period, the CDM has issued 1.3 billion carbon credits, added 110,000 Mega Watts of renewable energy and seen US$215 billion invested in low carbon projects in the Global South.

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The EU carbon trading scheme in crisis: Save it or scrap it?

Posted on 15 February 201312 June 2014

In 2012, the value of global carbon markets fell by 35%, from €96 billion to €62 billion. The average global carbon price fell by 49% to €5.82 per tonne in 2012, down from €11.45/t in 2011 and €13.09/t in 2010.

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  • Pam SJ on Mark Carney’s Taskforce on Scaling Voluntary Carbon Markets: The global financial elite’s plan to profit from the climate crisis while maintaining business as usual for Big Oil
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