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LATEST NEWS
Norwegian Cancellation of Investment in Malaysian Loggers Highlights Need for Review of Wider Investments in Deforestation Operations London, 27 August 2010: The Environmental Investigation Agency (EIA) commends Norway’s divestment of its pension fund’s shares in Malaysian loggers Samling Global this week, but calls for a more comprehensive review of the fund's wider investments of over $400 million in other controversial forestry and plantation companies.
World Bank Attempting to Sabotage Reform of CDM HFC-23 Projects New Report Reveals Fatal Flaws in Bank's Justification for Business as Usual
UN CDM Acts to Halt Flow of Millions of Suspect HFC-23 Carbon Credits London/Washington, DC - In a series of unprecedented moves, the Executive Board of the UN Clean Development Mechanism (CDM) is halting issuance of carbon credits from the destruction of HFC-23 pending a comprehensive investigation to ensure the projects do not result in fake emissions offsets.
‘Rogue Traders’ in timber smuggling exposed Environment groups name two kingpins in illegal international trade
Faroese whale and dolphin kills condemned by environmental and welfare NGOs A coalition of environmental and animal welfare organisations today expressed outrage about the recent levels of whale and dolphin hunting in the Faroe Islands. This year 674 long-finned pilot whales and 21 Risso’s dolphins have already been killed on the Islands, raising serious conservation, welfare and human health concerns. UN Delays Action on Carbon Market Scandal 30 July 2010. A coalition of environmental NGOs warned today that the UN CDM Executive Board is avoiding immediate and necessary action to address scandalous gaming of the Kyoto Protocol’s Clean Development Mechanism because of conflicts of interest in the Board. A report due for release this evening regarding the controversial HFC-23 projects will reflect the insistence by Japanese, Chinese and Indian Board members to allow the continuation of the flawed methodology.
Event: Offsets and the European Carbon Markets On July 14th 2010 EIA, CDM Watch and Sandbag coordinated an event at the European Parliament aimed at raising awareness of some of the problems created by international offsets in Europe’s Emissions Trading Scheme (ETS).
EU BAN ON ILLEGAL TIMBER IS PASSED Important first step towards shutting down the timber barons must now be backed up with stiff penalties 6 Jul 10 No Title 6 Jul 10 No Title
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