INVESTIGATION-In Brazil's Amazon, disputed carbon credit project feeds land-grabbing fears
Buyers of the Jari Pará project's credits include international firms Janssen, 3M, CNN and BMW, and Brazilian media company Globo and bank Bradesco, which make such purchases to offset climate-heating emissions from their own businesses while also protecting forests. However, a Brazilian prosecutor, a Pará state attorney and researchers told Context that the Jari Pará REDD+ project contravenes Brazilian law because it has sold carbon credits based on an invalid claim to a 386,000-hectare land parcel, known as Fazenda Saracura, which was registered as public property in 2018...
Source: devdiscourse.com