Supported projects

Uyuni is a backward region in the South of Bolivia. Bult the salt lake of Uyuni is rich with lithium, the commodity for the production of batteries, soon also for batteries for electrical vehicles. For this raw material a game of chess is being played between some multinational companies, the people of Uyuni and Bolivia's government.

With financial support from the Fonds Pascal Decroos, Nick Meynen followed carbon credit money flowing from Belgium to India, where he discovered a desert full of mirages. Part from the fraud and abuse, he also noticed the difference in approach between Flanders and Belgium, the buyers of carbon credits.

A year ago the Belgian government bought 2 million tonnes of CO2 permits from Hungary. This 26 million euros investment aims to fulfill the country’s commitment under the Kyoto Protocol: Decreasing their emissions 7.5 percent by 2012 compared to 1990 levels. Under the terms of the deal, Hungary had to invest the proceeds in the Green Investment Scheme (GIS), an investment vehicle for energy efficiency and renewable energy. Belgium is one of the first countries to experiment with this mechanism. Hence, the results of this deal are decisive for an evaluation at the Summit in Copenhagen.