A recent paper published in Geoforum focusses on REDD, property rights and resource control. The paper, “A political ecology of REDD+: Property rights, militarised protectionism, and carbonised exclusion in Cross River”, is written by Adeniyi P. Asiyanbi of Kings College London and the School of Oriental and African Studies.
EcoPlanet Bamboo runs bamboo plantations in Nicaragua, South Africa and Ghana. A UK company called EcoPlanet Bamboo (UK) Ltd sold “bamboo bonds” with a promise of “a 500% return on investment over a 15 year period” on an investment of US$50,000. But in December 2015, EcoPlanet Bamboo wrote to bondholders to tell them that their investment was not doing particularly well.
Between 2 May 2011 and 24 October 2012 a London-based company called MH Carbon sold more than four million carbon credits to members of the public as investments. The carbon credits were worthless and investors lost their money. The company took at least £14.3 million from retail investors.
On 20 December 2016, the Ecuadorian Environment Minister threatened to close down the NGO Acción Ecológica. The threat is in relation to Acción Ecológica’s raising awareness about the environmental impacts of a planned mega-copper mine on the lands of the Shuar indigenous people. The police raided the office of the Shuar Federation, detaining Agustín Wachapa, the Federation’s president.
In 2016, Sara Peña Valderrama completed her PhD in social anthropology, where she studied a forest carbon project run by Conservation International in Madagascar. Her thesis is available on Durham University’s website: Entangling Molecules: an ethnography of a carbon offset project in Madagascar’s eastern rainforest. She submitted this Guest Post about what happened when the project changed to a carbon project. She is currently a Honorary Research Associate at Durham University.
Norway launched REDD in Tanzania in 2008, with a promise to fund US$83 million over a five year period. But in a recent article in Development Today, Jens Friis Lund, Mathew Bukhi Mabele and Susanne Koch argue that Norway’s involvement in REDD in Tanzania “failed to produce models that work”.
In 1987, Sheryl Sturges was Director of Strategic Planning at AES Corporation, the US-based energy company. AES was planning to build a new 181 MW coal-fired power plant in Connecticut. But the company’s CEO, Roger W. Sant, was worried about climate change.