An application for a Swiss company to buy an Otago sheep farm to convert to forestry for carbon credits has been declined, making it one of the first decisions to be made under updated legislation.
The pact with China's Guangxi Fenglin Wood Industry Group and a company the Zambian government said was called Development Company Ltd. of China, will include 100,000 hectares of plantations of slash pine.
New report by the Oakland Institute examines the African Forestry Impact Platform bankrolled by European development finance institutions, Japanese oil interests, and an Australian investment firm.
A report commissioned by Beef and Lamb said the amount of farm land converted to carbon farming was twice what the Climate Change Commission showed in a 2021 demonstration path would be needed for New Zealand’s path to net-zero.
Canada’s CDPQ has invested in two, large farm operations in Australia through its new A$200m sustainable agricultural platform with Clean Energy Finance Corporation
1MT Nation OU, which restores lands in Africa and develops carbon credits, has set a mission to restore at least one million hectares of land by 2030 by planting local bamboo species.
Canadian company pursuing a carbon offset project in Sierra Leone says it is committed to equitable revenue sharing arrangements with local smallholders and a transparent consent process monitored by the NGO Namati.
GenZero will generate carbon offsets for Singapore by investing “north of US$20 to US$30 million” to restore about 100,000 ha of land in the Kwahu region of Ghana by planting cocoa and other plant species.
Carbon credit schemes are not just flawed as climate solutions; they have perpetrated devastating human rights abuses and land grabs.
Under the terms of the MoU, Eni and Sonangol will jointly identify and assess opportunities in agro-industrial supply chains in Angola for the production of low carbon fuels.
The the tree plantation project will be implemented on about 31,000 ha of land in southern Angola that have been acquired by Marubeni's partner in the project, ALCAAL ANGOLA.
A Welsh lamb producer is calling for an end to mass tree planting to achieve corporate carbon offsetting goals after four farms in his community were snapped up by investors from outside agriculture.
