In 2011, REDD-Monitor asked “Can REDD save the Amazon?”. Six years later, after Norway has poured more than US$1 billion into REDD in Brazil, it is clear that REDD is not a solution to Amazon deforestation. Deforestation fell from 2004 to 2012, but the reasons were nothing to do with REDD. Now deforestation is going back up.
EcoPlanet Bamboo is an innovative forestry company focused on integrated bamboo plantations and associated processing. We focus on the provision of a secure and certified source of fiber for timber manufacturing industries and markets globally. We currently operate in Central America, Southern and West Africa.
Bar Works is a company that buys retail spaces, converts them and rents them out as co-working offices. Renwick Haddow, the man behind the Capital Alternatives network of scam companies is a “key figure” behind Bar Works, according to an article on The Real Deal website. Bar Works, meanwhile, claims that Haddow is just a consultant to the company.
Bradlodge Limited was a recovery room scam. Back in 2014, the company’s conmen rang up people who had already been conned into buying worthless carbon credits as investments. Bradlodge told them they could sell their carbon credits. For an advanced fee, of course.
At the beginning of December 2015, Troy Wiseman was in Paris. The CEO and co-founder of EcoPlanet Bamboo was there as part of the Nicaraguan government delegation to COP 21, the UN climate change negotiations. Wiseman’s Paris trip came just a few days before Wiseman wrote to the people unfortunate enough to have invested in his company’s “Bamboo bonds” to let them know that their investment had gone pear-shaped.
In August 2012, the Independent Evaluation Group of the World Bank published a review of the Forest Carbon Partnership Facility (FCPF). The review revealed some serious problems with the FCPF and the Independent Evaluation Group recommended that the World Bank should re-think its approach to REDD.
Peter Holmgren is Director General of the Centre for International Forestry Research. In January 2017, he was invited to give a keynote presentation at the International Society of Tropical Foresters conference at Yale University. During his presentation, Holmgren announced that REDD has disappeared.
In 2009, Nophea Sasaki and Francis Putz wrote a paper titled, “Critical need for new definitions of ‘forest’ and ‘forest degradation’ in global climate change agreements”. Their concern was that, under current definitions of forests, “great quantities of carbon and other environmental values will be lost when natural forests are severely degraded or replaced by plantations but technically remain ‘forests.’”