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Climate Change

'Ghost' carbon credits still alive despite end of forest project

Out-of-date database undermines battle against CO2: Nikkei investigation

A satellite image of the Boden Creek project site. Carbon credit trades based on forest conservation efforts sometimes rely on faulty project information.   © Planet Labs PBC

TOKYO -- Carbon credits issued for a forest project in Belize are still registered as being active even after CO2 reduction efforts in the area have ended, a Nikkei investigation has found.

One reason the carbon credits are still active is that a carbon-reduction projects database used by companies and other buyers is not current, leading to transactions based on faulty information. As a result, the money paid by greenhouse gas emitters to buy credits has not been used to finance practices that use forests to trap carbon.

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