Last year, REDD-Monitor wrote a series of posts about Renwick Haddow’s latest scam, Bar Works. The most recent post was in July 2017, after the Securities and Exchange Commission filed a legal complaint against Haddow. The complaint alleged that Haddow fraudulently raised almost US$38 million from investors.
For the past four years, REDD-Monitor has been documenting the evictions of the Sengwer indigenous people from their homes in the Embobut Forest, in Western Kenya. The violent evictions have been carried out by the Kenya Forest Service, supposedly in the name of conservation.
Last year (as usual) most of the top ten stories on REDD-Monitor were about scams and frauds. A post about Renwick Haddow’s return after the Capital Alternatives scam took top place (and is the second most visited post on REDD-Monitor, after a 2013 post about how much a carbon credit costs.) Haddow featured in three of the top ten posts in 2017.
The Indonesian government talks a good talk on climate change, particularly relating to reducing deforestation. But does it walk the walk? Unfortunately, the reality falls far short of the rhetoric.
There is no way of avoiding the fact that flying is a disaster for the climate. For individuals, there is no faster way of frying the planet. Nevertheless, international aviation is not included in the 2015 Paris Agreement. The organisation responsible under the UN system, the International Civil Aviation Organization (ICAO) has so far taken no meaningful action to reduce emissions from aviation.
To mark the tenth anniversary of the World Bank’s Forest Carbon Partnership Facility, more than a dozen NGOs signed a letter to the Bank calling for the suspension of the FCPF. “This approach to forest protection simply has not worked,” they wrote.
This week saw the tenth anniversary of the World Bank’s Forest Carbon Partnership Facility. To mark the anniversary, more than a dozen NGOs wrote to the Bank calling for the suspension of the FCPF. After ten years and over US$1 billion committed, the NGOs write, “FCPF cannot point to a single gram of carbon that it has saved nor any emissions reductions payments that have yet been made”.
Dorjee Sun is the CEO of Carbon Conservation, a company set up 10 years ago to run REDD projects. The company’s first REDD project was the Ulu Masen REDD project, in Aceh province on the island of Sumatra, Indonesia. Sun partnered with Aceh’s “green governor”, Yusuf Irwandi, and Flora and Fauna International, to run the carbon trading project.
In July 2017, a group of over 150 people who had been scammed into buying “carbon benefit units” got in touch with REDD-Monitor. Several London-based boiler room operations, including Industry RE, had sold them the “carbon benefit units”, supposedly as investments. Unfortunately they were worthless.