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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“We are people already sold.” Global Witness film about industrial logging in the Democratic Republic of Congo

Global Witness film about industrial logging in DR CongoGlobal Witness recently produced a short film on industrial logging in the Democratic Republic of Congo. The film raises an interesting conundrum. “The World Bank and other international donor agencies claim to support the protection of forests and the people that live in them. Yet many donors continue to support industrial logging.”

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Climate negotiations drowning in a sea of brackets: Forest protection missing

Climate negotiations drowning in a sea of brackets: Forest protection missing

At the start of last week’s UN climate negotiations in Bonn, Yvo de Boer, the UNFCCC Executive Secretary, described the negotiating text as “200 pages of incomprehensible nonsense”. By the end of the week, de Boer wasn’t much more optimistic. “We seem to be afloat on a sea of brackets,” he was reported as saying in the New York Times.

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