The COP28 climate summit’s host has launched a neocolonial green-grabbing crusade across the Global South. Naturally, it’s yet another nifty ‘net-zero’ carbon con.

In part one of this two-part article, we’ll look at how UAE-based carbon credit company Blue Carbon LLC has been amassing land agreements with governments across Africa and the Pacific.

Blue Carbon

On 14 August, Blue Carbon announced it had inked its latest deal with Zimbabwe. Specifically, the country has signed over 7.5m hectares of exclusive land development rights to Blue Carbon. There, the company will swallow up vast tracts of land for forest and agriculture-based carbon offsetting projects.

Read more: thecanary.co

Photo: thecanary.co