Carbon Colonialism: Failure of Green Resources’ Carbon Offset Project in Uganda

Carbon Colonialism: Failure of Green Resources’ Carbon Offset Project in Uganda exposes the continued and relentless attacks of Green Resources on the rights of local people and the environment in Kachung, Uganda.

Following the Institute’s exposé in 2014, revealing the mistreatment and violence perpetrated by the company in Uganda, Green Resources’ only carbon credit buyer, the Swedish Energy Agency, suspended funding in 2015 and outlined ten actions for the company to undertake to reinstate payments. The following year, Green Resources’ major shareholder, global forestry investment firm Phaunos Timber Fund, divested from the company.

As the Swedish Energy Agency reassesses whether to resume payments to Green Resources in early 2018, Carbon Colonialism is an irrefutable indictment on the failure of Green Resources to address the harmful impacts on local communities as a result of its project.

https://www.oaklandinstitute.org/carbon-colonialism-failure-green-resources-carbon-offset-project-uganda

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