Carbon Opportunities Fund: The IFC dives into the false solution of tokenising carbon offsets on the blockchain.
Blue carbon is “uncertain” and “unreliable” says new report
Blue carbon ecosystems can store huge amounts of carbon, but new research finds that the amount of carbon removed is “uncertain” and “unreliable”.
Forest offsets go up in smoke in California’s “forever fire”
Forest offsets in California’s buffer pool are not enough to deal with the risks of wildfire and disease – especially as the climate crisis intensifies.
Invictus Energy uses REDD to greenwash gas extraction in Zimbabwe
Invictus Energy announces that its new gas extraction in Zimbabwe will be greenwashed carbon neutral, thanks to the Ngamo-Gwayi-Sikumi REDD project.
Brazilian Federal Prosecution Office gives Nemus 15 days to prove that it owns the land in the Amazon rainforest linked to its non-fungible tokens
By Chris Lang Nemus sells non-fungible tokens that the company claims to be linked to land in the Amazon rainforest. Nemus claims to have “secured 41,000 hectares of actual at-risk land in the Amazon rainforest”. In January 2022, Nemus announced that a further 6.1 million hectares is “currently under negotiation and soon to be at…