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Environmental, Campaign & Website News > Massive corruption undermines forest protection plan

Massive corruption undermines forest protection plan

Date : 27th October 2010, Source : The Guardian (UK)

Tropical forestry is dominated by big companies close to some of the most corrupt governments on earth, who treat people like dirt after promising them "development" in return for cutting the trees down. Now they are being joined by a new breed of entrepreneur, ranging from carbon cowboys, bogus lawyers and even environment groups all offering riches to people who leave the trees standing. The lure is the potential billion of dollars to be made from buying and selling the carbon rights to forests. If you hold the rights and can prove that "your" forest is in danger, you can - after you've been through qualifying hoops - sell the carbon not released to rich consumers or companies who cannot offset their own emissions.

Document last updated on Wednesday 01 August 2018

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