A cautionary tale about carbon credits, involving Eco Business Management, Eco Asian Consulting, SJL Risk and Abacus Advisory. Oh, and Montague Pitman, Carbon Neutral Investments, MH Carbon and Eco-Synergies

Like many other people who were tricked into buying carbon credits as investments, Craig Jamieson found out too late that the carbon credits are near-worthless. He wants to publicise what happened to prevent others from being taken in and in the hope of getting justice.

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Military clearing of community forests in Oddar Meanchey, Cambodia (photos)

“The Oddar Meanchey REDD project model is centered on local people’s participation in forest management,” said Ty Sokhun, head of Cambodia’s Forestry Administration in 2009. Five years later logging is rampant in the project area. Local people and the project developers are powerless to stop it. The Cambodian government does not seem interested.

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Another carbon offset failure: The Monte Pascoal-Pau Brasil ecological corridor

The Monte Pascoal-Pau Brasil forest offset project in the south of Bahia, Brazil aims to finance the restoration of degraded forest through the sale of carbon credits. Communities living in the project area were promised social benefits from the project. Few of these benefits were realised and fewer lasted.

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