According to the investigators, the group was running land-grabbing and timber laundering crimes in the Amazon for more than a decade and profiting millions of dollars.
Authorities and experts hope the findings will raise the bar for projects in the country and persuade lawmakers to create strict rules for the Brazilian carbon market, which is now under discussion.
If anything this just further hurts the little remaining trust in any carbon credit projects. We need to restore wild habitats and forests, but the carbon credit market is not the way, and it’s mostly scams.
If anything this just further hurts the little remaining trust in any carbon credit projects. We need to restore wild habitats and forests, but the carbon credit market is not the way, and it’s mostly scams.