Liberia set to concede 10% of its territory to Emirati company for carbon credit production
Liberia set to concede 10% of its territory to Emirati company for carbon credit production
https://www.lemonde.fr/en/le-monde-africa/article/2023/08/02/liberia-set-to-concede-10-of-its-territory-to-emirati-company-for-carbon-credit-production_6077402_124.html
The pollution rights derived from the conservation or reforestation of nearly 1 million hectares of forests would allow the United Arab Emirates to meet its climate commitments.
And it continues... It has been showed how damaging these 'partnerships' may be. Offsetting emissions do not address the causes of deforestation, often disrespect the rights and culture of local and indigenous communities, perpetuate unequal exchange mechanisms, among other issues. An example here: https://www.wrm.org.uy/bulletin-articles/impacts-of-oil-and-gas-extraction-and-carbon-projects-on-communities-in-the-saloum-delta-senegal And there is plenty about REDD+ programmes.