The company Sequoia has obtained a lease over 60,000 hectares for a eucalyptus monoculture project in the Haut-Ogooué province, Gabon. but statements from communities and a survey of more than 1,400 people from the impacted region reveal a total rejection of this plantation project.
In Congo-Brazzaville, tree planting projects intended for carbon markets have proliferated over the past four years, with large-scale monocultures initiated by oil companies under the seductive term of carbon neutrality and promises of job creation for communities.
The company intends to cultivate bamboo in phases, beginning with 8,500 hectares, and is applying for carbon credits with Gold Standard.
- The Guardian
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22 October 2024
Communal lands the combined size of Portugal have been taken over by corporate interests for carbon offsetting schemes across the Global South, according to a new report that warns of a “new form of land grabbing.”
- Mongabay
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26 September 2024
The carbon credit reforestation project involves buying up huge swaths of pastureland in Brazil’s Cerrado savanna region and turning them into eucalyptus plantations, which are exacerbating drought conditions.
- Mongabay
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25 September 2024
The investment with the BTG Pactual Timberland Investment Group (BTG Pactual TIG) - one of the world's largest timberland investment management organizations - focuses on the conservation, restoration, and planting of deforested and degraded properties.
- Business Wire
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24 September 2024
Google will buy 50,000 metric tons of carbon removal credits by 2030 from Mombak, which purchases degraded land from farmers and ranchers or partners with them to replant native species in the Amazon rainforest
- Reuters
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19 September 2024
Offset8 and iRise’s Climate and Community Transformation Program intends to restore 6,000 hectares of degraded land in Malawi by planting 6 million trees.
- PR Newswire
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12 September 2024
The agreement will cover ecosystem restoration of up to 47,000 hectares of tropical rainforest in the state of Campeche, in the Calakmul region of southeastern Mexico
- ESG Today
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11 September 2024
Farmland LP announces an investment from Microsoft’s Climate Innovation Fund in Farmland LP’s Vital Farmland III LLC, which will develop Soil Carbon Credits on its 18,500-acre farm portfolio in the US.
- Business Wire
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11 September 2024
The United Arab Emirates-based Blue Forest plans to start planting 200 million mangrove trees in Mozambique in a concession twice the size of Singapore in November.
- Bloomberg
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05 September 2024
Conservation Resource Partners announced today the closing of its inaugural North American farmland private equity fund. with investment from institutional as well as high net worth investors, from both North America and Europe.
- Business Wire
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04 September 2024