Company: Green Resources
In recent years, there has been a significant trend toward land acquisition in developing countries, establishing forestry plantations for offsetting carbon pollution generated in the Global North. Badged as “green economic development,” global carbon markets are often championed not only as solutions to climate change, but as drivers of positive development outcomes for local communities. But there is mounting evidence that these corporate land acquisitions for climate change mitigation—including forestry plantations—severely compromise not only local ecologies but also the livelihoods of the some of the world’s most vulnerable people living at subsistence level in rural areas in developing countries.
Finnish Broadcasting Company Reports on the Impacts of Green Resources’ Industrial Tree Plantations in Uganda
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Sweden Freezes Payments in Global Carbon Trade Deal After Exposé Reveals Green Resources Cheated Local Communities