Prince Charles is known as a committed environmentalist. But his commitment to a reregulation of certain climate protection agreements appears to be angesichtsprivater investment rar than disinterested. The Paradise papers show that Charles ' Fortune is in an offshore company on Bermudasgeflossen, reports Süddeutsche Zeitung and BBC. The company invested Insustainable forestry and would have benefited from those of Charles BeworbenenRegeländerungen – and thus British heir himself.
The Duchy of Cornwall, which for Charles, who is also Duke VonCornwall, manages a fortune of over one billion euros, is to have bought 2007Anteile in value of 135,000 dollars at company SustainableForestry Management (SFM). The company, which has now been dissolved, traded with emission credits and invested in forests in Australia, Africa, Latin America and Souast Asia. SFM refore wanted to or CO2 credits on tropical and subtropical Wälderhandeln. However, rain forests were excluded from Kyoto agreement and EU emissions trading.
Five months after Duchy of Cornwall had acquired shares of AnSFM, Prince Charles criticized exclusion of rain forests in a speech. "As re is now DasKyoto protocol, nations with tropical rainforests have KeineMöglichkeit to profit differently from ir forests than y are cutting off and new plants," he said according to BBC. "European emissions trading excludes CO2-Gutschriftenfür forests in developing countries. That must be wrong and we must urge international community to work toger to eliminate se mistakes urgently. "
SFM secured to treat investment confidentiallyIn a speech before DemEuropaparlament, Charles also made a strong point for a change in EU emissions trading protect of rainforests, as well as in furr speeches and videos of ecological value of forests, says BBC. PrinzCharles "Certainly never decided to speak out for a subject just because it concerns a company in which it could have invested," said a spokesman for heir against British broadcaster.
Charles ' use for absorption of rainforests in DasZertifikatsystem remained unsuccessful, climate agreements were not changed. The investment in SFM was still worthwhile: when HerzogtumCornwall sold shares to company after about a year, timoutvalue of shares had risen by 225 percent in meantime.
The connection between Prince Charlesund SFM should not appear to be known. According to German Zeitung, board of company assured Duchy of Cornwall that strengn should be kept secret to SFM, with exception of legal VerpflichtenderOffenlegungen. The former director of SFMsoll, who had died in meantime, had also been a close friend of Prince Charles.
Date Of Update: 09 November 2017, 12:03
