Americas > Local communities in Brazil sue voluntary carbon standard Verra for $24 mln in lost profits after project suspension

Local communities in Brazil sue voluntary carbon standard Verra for $24 mln in lost profits after project suspension

Published 15:51 on April 3, 2024  /  Last updated at 15:51 on April 3, 2024  / /  Americas, Nature-based, South & Central, Voluntary

Three Brazilian community groups, stakeholders in a suspended REDD project certified by Verra, are attempting to sue the voluntary carbon standard for $8 million each ($40 mln Brazilian reais) in lost profits.
Three Brazilian community groups, stakeholders in a suspended REDD project certified by Verra, are attempting to sue the voluntary carbon standard for $8 million each ($40 mln Brazilian reais) in lost profits.


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