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The pickup trucks left before dawn. “It’s easy to beat the system,” he said, as the trucks passed a stretch of federal land dotted with burnt tree stumps, evidence of recent illicit forest-clearing. Verra hotly disputes this, finding fault with the article’s methodology and describing its own way of calculating averted deforestation as “robust” and “continually” improving. Brazilian states could reap $13bn-48bn from them by 2030, he reckons, calling it “an unprecedented opportunity to finance the Amazon’s transition to…a carbon-positive, socially inclusive economy”. In 2021 Congo’s president, Félix Tshisekedi, agreed to cut the pace of deforestation in exchange for a pledge of $500m over five years from a donor-funded project called the Central African Forest Initiative.

Hindustan Times

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