DOJ exposes $M fraud scheme in Zimbabwean carbon credit projects linked to CQC Impact Investors LLC.

A U.S. Department of Justice investigation has exposed a multi-million-dollar fraud scheme involving Zimbabwean carbon credit projects, primarily linked to CQC Impact Investors LLC. The company allegedly manipulated data to falsely demonstrate the effectiveness of cookstove initiatives in reducing carbon emissions. This deception threatens Zimbabwe's potential $1.5 billion carbon credit deal and raises significant concerns about the integrity of the global voluntary carbon market.

October 15, 2024
4 Articles

Further Reading