Mastodawn

“It is common for developers of #carbon offsetting projects to forcefully assert local communities and Indigenous peoples are the main beneficiaries of their initiatives – yet these claims are usually unverifiable given the secrecy reigning over projects’ revenues and expenses..."
#carboncredits #CarbonScams #climatechange #climate #climatecrisis
https://www.theguardian.com/environment/2024/mar/15/money-carbon-credits-zimbabwe-conservation-aoe

‘We don’t know where the money is going’: the ‘carbon cowboys’ making millions from credit schemes

Carbon schemes are touted as a way to transfer billions in climate finance to the developing world – but people at the Kariba project in Zimbabwe say most of the profits never arrive

The Guardian