A new project aimed at stopping forest fires in Aceh province, Indonesia involves blockchain, a smart contract, a decentralised platform for Ethereum, and Dorjee Sun. What could possibly go wrong?

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.

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Prince Charles’ offshore investment in Sustainable Forestry Management Ltd: A cautionary tale featuring conflicts of interest, a web of offshore companies, carbon credits, transfer pricing, and tax avoidance galore

Sustainable Forestry Management Ltd was the name of a company incorporated in the Bahamas in October 1999. The company set up forestry projects and traded carbon credits. Its directors included Eric Bettelheim (Executive Chairman and General Counsel), Alan Bernstein (Chief Executive Officer), and Hugh van Cutsem (Director).

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Indigenous peoples in Acre, Brazil announce their support for CIMI’s work in support of indigenous peoples

REDD is at the centre of a tense discussion in Brazil’s indigenous community. Some indigenous people support REDD, others oppose it. Ecosystem Marketplace has jumped into fray, accusing the Indigenous Missionary Council (CIMI) in the state of Acre of “intentionally sabotaging a program that has enabled [indigenous peoples] to save their forests”.

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“It is now time that performance-based payments start flowing to REDD+ actors on the ground, in DRC and other countries”: World Bank response to Rainforest Foundation UK and US

Last week, Rainforest Foundation UK and US wrote to staff at the World Bank, asking the World Bank not to approve the Mai Ndombe integrated REDD programme in the Democratic Republic of Congo, because of the risks involved for local communities. Yesterday Laurent Valiergue, Senior Forestry Sepcialist at the World Bank, replied. His response is available in full below.

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How California’s cap and trade market undermines environmental justice

Last week, Senator Bob Wieckowski (D-Fremont) and Senate President pro Tempore Kevin de León (D-Los Angeles) gave a press conference about a new bill, SB 775, aimed at changing California’s cap-and-trade scheme. The proposed bill would start a new cap-and-trade scheme in 2021 that would include no offsets, no free pollution allowances, and a per-capita dividend.

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The Juma Sustainable Development Reserve, Brazil: “A lot of promises that aren’t being kept”

The Juma Sustainable Development Reserve covers an area of 589,612 hectares in the municipality of Novo Aripuanã, in the state of Amazonas, Brazil. On its website, the project developer Fundação Amazonas Sustentável states that, “FAS is committed to protect forests and improving the life quality of people that live there”.

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