"A six-month investigation reveals that many carbon credit ventures reap profits from public lands they have no right to and fail to share revenue with those protecting the forest."
"Much of the Brazilian Amazon rainforest is safeguarded behind a green shield of publicly protected land.
In recent years, companies have launched preservation projects in search of a lucrative commodity known as carbon credits.
But a Washington Post investigation found that most of the projects — which have generated tens of millions of dollars — overlapped with public lands.
When added together, the ventures claimed enough public land to cover the state of Maryland — six times."
Terrence McCoy, Júlia Ledur and Marina Dias report for the Washington Post July 24, 2024.
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