In January, a 9-mon investigation by the #Guardian, German weekly Die Zeit & investigative group SourceMaterial found #Verra, a Washington-based nonprofit, approved rainforest credits used by #Disney, #Shell, #Gucci & other big #corporations were largely WORTHLESS, often based on stopping #rainforest destruction not even threatened.

Scientists have called for urgent reform of the unregulated system to finance climate mitigation & #forest #conservation #DavidAntonioli
https://bit.ly/436ARIo

CEO of biggest carbon credit certifier to resign after claims offsets worthless

David Antonioli to step down from Verra, which was accused of approving millions of worthless offsets used by major companies

The Guardian
CEO of biggest carbon credit certifier to resign after claims offsets worthless

David Antonioli to step down from Verra, which was accused of approving millions of worthless offsets used by major companies

The Guardian
#CEO of biggest #carboncredit certifier to resign after #carbonoffset claims shown worthless
#DavidAntonioli to step down from #Verra, which was accused of approving millions of worthless offsets used by major companies
Verra’s CEO, David Antonioli, said he would leave his role after 15 years leading the organisation that dominates the $2bn voluntary #carbon market, which has certified more than 1bn credits through its verified carbon standard (VCS).
https://www.theguardian.com/environment/2023/may/23/ceo-of-worlds-biggest-carbon-credit-provider-says-he-is-resigning #climatechange
CEO of biggest carbon credit certifier to resign after claims offsets worthless

David Antonioli to step down from Verra, which was accused of approving millions of worthless offsets used by major companies

The Guardian