Americas > Verra urged to overhaul investigation process after REDD project loses $30 mln during probe

Verra urged to overhaul investigation process after REDD project loses $30 mln during probe

Published 15:55 on September 20, 2024  /  Last updated at 09:31 on September 26, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Verra is damaging investor confidence in the voluntary carbon market through its “presumption of guilt” when handling investigations, warned stakeholders in the Southern Cardamom REDD+ project (SCRP) that says it lost more than $30 million in revenue during a 14-month long probe.
Verra is damaging investor confidence in the voluntary carbon market through its “presumption of guilt” when handling investigations, warned stakeholders in the Southern Cardamom REDD+ project (SCRP) that says it lost more than $30 million in revenue during a 14-month long probe.


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