Oct
29

SCS Global Services Validates and Verifies Portion of a FSC-Certified Forest as a REDD

Amazon Carbon Offset Project Avoids GHG Emissions While Fostering Responsible Forest Management

By SCS Global Services

SCS Global Services

EMERYVILLE, Calif., Oct. 28, 2013 — /PRNewswire/ — The Brazilian Jari-Amapa forest managed by Biofílica Environmental Investments has just achieved third-party validation and verification by SCS Global Services (SCS) for its Jari-Amapa forest under the Reducing Emissions from Deforestation and Forest Degradation (REDD+) program, registered to the Verified Carbon Standard (VCS). The Jari-Amapa forest had previously achieved responsible forest management certification to the Forest Stewardship Council (FSC) standard, also awarded by SCS Global Services. 

Oct
22

Norway Oil Fund to Invest More in China (Voice of America)

OSLO — Norway’s $810 billion sovereign wealth fund, one of the world’s biggest investors, will increase its investments in China by 50 percent to $1.5 billion and would like to do even more, its chief executive told Reuters.The head of the fund, a major investor in Google, Starbucks and Apple, also said on Friday he would not take up the issue of tax avoidance with the firms it invests in, despite the fund’s ethical profile.

The fund, which invests Norway’s vast surplus of oil money, is the world’s richest sovereign wealth fund and holds about 1 percent of all global equities.