Ugandan farmers kicked off their land for New Forests Company's carbon project | redd-monitor.org

Ugandan farmers kicked off their land for New Forests Company's carbon project | redd-monitor.org: A report released yesterday by Oxfam International documents how more than 22,000 people in Uganda were evicted to make way for a carbon offset tree plantation established by a London-based firm called New Forests Company. While this is not a REDD project, it provides an early warning of how “standards” and “safeguards” can be willfully ignored.

New Forests Company (NFC) was formed in 2004. The company now has projects covering a total of 90,000 hectares in Uganda, Tanzania, Mozambique and Rwanda. Investors in the company include the Agri-Vie Agribusiness Fund, which in turn is backed by the World Bank’s private sector lending arm, the International Finance Corporation and the European Investment Bank. The Hongkong and Shanghai Banking Corporation (HSBC) owns about 20% of NFC and has a seat on its board. These investors have social and environmental standards to which NFC should comply.

Oxfam’s report, “The New Forests Company and its Uganda Plantations”, can be downloaded here (pdf file 208.7 KB). The story has been reported in The Guardian, The New York Times, The Wall Street Journal and on AlJazeera.

'Nuff said.

Patriotic flags increase carbon dioxide emissions

Now that the World Cup has started, just about one car in three on South African roads (including ours) is sporting a national flag, sometimes two or more, and sometimes representing more than one country. However these also have certain drawbacks -- hat-tip to Big Blue Meanie for Bongo Bongoland

BBC NEWS | Flag drag will boost fuel costs:

Patriotic drivers showing their support for England with window flags during the World Cup will pay more in fuel costs, an academic has claimed.

An average car with two flags attached burns an extra litre of fuel per hour at an average of 70mph, said Manchester University's Dr Antonio Filippone.

He also calculated that 500,000 drivers all doing the same will create 2.8m kg of carbon dioxide emissions.

The extra fuel consumption is caused by the flags creating drag.