UN Green Climate Fund approves Arbaro $25 million greenwash tree planting scheme

Greenwash Alert

UN Green Climate Fund approves Arbaro $25 million greenwash tree planting scheme

Plantation project makes neither scientific nor economic sense     It’s such a simple idea: plant a tree, let it grow, and each year it will capture more and more carbon from the atmosphere. This is the logic behind a proposal by the investment company Arbaro Fund to the Green Climate Fund (GCF), an entity under the United Nations climate body that is designed to aid developing countries. But Arbaro’s plans are on a far larger scale: using $200 million from GCF and other (largely public) sources, the company aims…

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