Sylvera - Revision history

TH: /* The Katingan Peatlands Project */

2023-02-24T22:04:08Z

The Katingan Peatlands Project

← Older revision		Revision as of 22:04, 24 February 2023
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	Received a "AA" rating, the sole example published in what Sylvera calls its "in-depth analysis of >85% of REDD+ credits on the market."<ref>The State of Carbon Credits 2022, p. 31</ref>		Received a "AA" rating, the sole example published in what Sylvera calls its "in-depth analysis of >85% of REDD+ credits on the market."<ref>The State of Carbon Credits 2022, p. 31</ref>

	Major purchasers of these credits include Sylvera customers such as [[Shell Oil]] (the main buyer) and [[Delta Airlines]]. Other major polluters driving demand include [[TotalEnergies]], Bentley Motors, Volkswagen, Singapore Airlines, PetroChina International Company, and CNOOC Gas & Power Group. <ref>https://redd-monitor.org/2022/02/24/the-katingan-redd-project-how-offsetting-enables-the-fossil-fuel-sociopaths-to-destroy-the-planet/</ref><ref>https://redd-monitor.org/2020/11/19/worse-than-doing-nothing-shells-redd-offsets-in-indonesia-and-peru/</ref>		Major purchasers of these credits include Sylvera customers such as [[Shell Oil]] (the main buyer) and [[Delta Airlines]]. Other major polluters driving demand include [[TotalEnergies]], [[Bentley Motors]], [[Volkswagen]], [[Singapore Airlines]], [[PetroChina International Company]], and [[CNOOC Gas & Power Group]]. <ref>https://redd-monitor.org/2022/02/24/the-katingan-redd-project-how-offsetting-enables-the-fossil-fuel-sociopaths-to-destroy-the-planet/</ref><ref>https://redd-monitor.org/2020/11/19/worse-than-doing-nothing-shells-redd-offsets-in-indonesia-and-peru/</ref>

	Sylvera's rating & analysis ignored numerous issues including:		Sylvera's rating & analysis ignored numerous issues including:

TH: /* The Katingan Peatlands Project */

2023-02-24T22:03:12Z

The Katingan Peatlands Project

← Older revision		Revision as of 22:03, 24 February 2023
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	* Community Deterioration: Three out of four villages in the area surveyed rated expected community well-being improvement as "very negative." After 5 years, "the household total income in the control villages was also higher than the total income of household in the REDD+ villages."		* Community Deterioration: Three out of four villages in the area surveyed rated expected community well-being improvement as "very negative." After 5 years, "the household total income in the control villages was also higher than the total income of household in the REDD+ villages."

	* Additionality:		* Additionality: As reported by [[Greenpeace]]:

	Greenpeace ~~reported that,~~
	<blockquote>Many factors indicate that the project operators’ assumptions regarding additionality are clearly exaggerated. It is highly probable that the forest would have stored comparable amounts of CO2 even without the project. The project has merely shifted deforestation to other places in the region. Destruction of forest cover that may have been prevented in the project area is taking place elsewhere. Moreover, the permanence of CO2 storage is not guaranteed. While buyers of the carbon credits continue to release CO2 into the atmosphere, where it will impact our climate for about 100 years, it is far from certain whether the forest will still be standing in 20 or 50 years.<ref>https://redd-monitor.org/2020/11/08/new-greenpeace-report-exposes-vws-redd-carbon-offset-sham/</ref></blockquote>		<blockquote>Many factors indicate that the project operators’ assumptions regarding additionality are clearly exaggerated. It is highly probable that the forest would have stored comparable amounts of CO2 even without the project. The project has merely shifted deforestation to other places in the region. Destruction of forest cover that may have been prevented in the project area is taking place elsewhere. Moreover, the permanence of CO2 storage is not guaranteed. While buyers of the carbon credits continue to release CO2 into the atmosphere, where it will impact our climate for about 100 years, it is far from certain whether the forest will still be standing in 20 or 50 years.<ref>https://redd-monitor.org/2020/11/08/new-greenpeace-report-exposes-vws-redd-carbon-offset-sham/</ref></blockquote>

TH: /* Customers */

2023-02-24T10:14:05Z

Customers

← Older revision		Revision as of 10:14, 24 February 2023
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	Sylvera has worked closely with the [[World Bank]] and [[World Economic Forum]]<ref>https://pitch.com/presentations/Sylvera-Pitch-Deck-5pN1bC3nzvUj5ZVeRU0Qgyz3?slide=c2a6587c-3ae2-4a3a-8205-ffebc8da5663</ref>, and is a member of the WEF's [[The Natural Climate Solutions Alliance\|Natural Climate Solutions Alliance]] along with the IETA, Verra, [[The Nature Conservancy]], and Sylvera petro-customers such as [[Shell Oil]] and [[Equinor]].		Sylvera has worked closely with the [[World Bank]] and [[World Economic Forum]]<ref>https://pitch.com/presentations/Sylvera-Pitch-Deck-5pN1bC3nzvUj5ZVeRU0Qgyz3?slide=c2a6587c-3ae2-4a3a-8205-ffebc8da5663</ref>, and is a member of the WEF's [[The Natural Climate Solutions Alliance\|Natural Climate Solutions Alliance]] along with the IETA, Verra, [[The Nature Conservancy]], and Sylvera petro-customers such as [[Shell Oil]] and [[Equinor]].

	In November of 2021, Sylvera was selected as "a top innovator in the @WEFUpLink World Economic Forum Carbon Market challenge", leading to a "year-long programme of engagement" with the WEF.<ref>https://twitter.com/SylveraCarbon/status/1455560081060384777</ref> One year later, they proclaimed together that "new technology" such as Sylvera's meant that most of the concerns with carbon offsetting "have now been addressed." <ref>https://www.weforum.org/agenda/2022/11/carbon-offsetting-rainforest-sylvera/</ref>		In November of 2021, Sylvera was selected as "a top innovator in the @WEFUpLink World Economic Forum Carbon Market challenge", leading to a "year-long programme of engagement" with the WEF.<ref>https://twitter.com/SylveraCarbon/status/1455560081060384777</ref> One year later, they proclaimed together that "new technology" such as Sylvera's meant that most of the concerns with carbon offsetting "have now been addressed." <ref>https://www.weforum.org/agenda/2022/11/carbon-offsetting-rainforest-sylvera/</ref>

	Sylvera ~~has published~~ reports minimizing accusations of carbon credit fraud<ref>https://www.bloomberg.com/news/articles/2022-11-03/carbon-credit-fraud-assumptions-are-challenged-in-new-study</ref> and led an industry-wide effort to refute mounting evidence of widespread greenwashing in early 2023 with the publication of an open letter endorsed by (among many others) the IETA, REDD+ Business Initiative, and [[Toucan Protocol]].<ref>https://reddplusbusiness.com/wp-content/uploads/2023/01/VCM_Stakeholder_Open_Letter_Final-2.pdf</ref>		That same month, Sylvera began publishing reports minimizing accusations of carbon credit fraud<ref>https://www.bloomberg.com/news/articles/2022-11-03/carbon-credit-fraud-assumptions-are-challenged-in-new-study</ref> and led an industry-wide effort to refute mounting evidence of widespread greenwashing in early 2023 with the publication of an open letter endorsed by (among many others) the IETA, REDD+ Business Initiative, and [[Toucan Protocol]].<ref>https://reddplusbusiness.com/wp-content/uploads/2023/01/VCM_Stakeholder_Open_Letter_Final-2.pdf</ref>

	= Investors =		= Investors =

TH: /* Customers */

2023-02-24T10:13:06Z

Customers

← Older revision		Revision as of 10:13, 24 February 2023
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	Along with these major polluters, Sylvera is a member of the [[International Emissions Trading Association\|IETA]]. It was first part of the IETA hub panel discussion at COP26 with [[Verra]], [[Delta Airlines]], [[Mercuria]], and [[Cargill]] <ref>https://verra.org/verra-at-cop26-in-glasgow-scotland/</ref> At COP27, Sylvera hosted its own panel as part of the IETA Business Hub (main sponsors that year included [[Chevron]], [[Verra]], [[Total Energies]],, [[Bain & Company]], and the [[US Chamber of Commerce]]).<ref>https://www.ieta.org/resources/COP27/COP27%20IETA%20BusinessHUB%20Program%20Guide_F.pdf</ref>		Along with these major polluters, Sylvera is a member of the [[International Emissions Trading Association\|IETA]]. It was first part of the IETA hub panel discussion at COP26 with [[Verra]], [[Delta Airlines]], [[Mercuria]], and [[Cargill]] <ref>https://verra.org/verra-at-cop26-in-glasgow-scotland/</ref> At COP27, Sylvera hosted its own panel as part of the IETA Business Hub (main sponsors that year included [[Chevron]], [[Verra]], [[Total Energies]],, [[Bain & Company]], and the [[US Chamber of Commerce]]).<ref>https://www.ieta.org/resources/COP27/COP27%20IETA%20BusinessHUB%20Program%20Guide_F.pdf</ref>

	Sylvera has worked closely with the [[World Bank]] and [[World Economic Forum]]<ref>https://pitch.com/presentations/Sylvera-Pitch-Deck-5pN1bC3nzvUj5ZVeRU0Qgyz3?slide=c2a6587c-3ae2-4a3a-8205-ffebc8da5663</ref>. In November of 2021, Sylvera was selected as "a top innovator in the @WEFUpLink World Economic Forum Carbon Market challenge", leading to a "year-long programme of engagement" with the WEF.<ref>https://twitter.com/SylveraCarbon/status/1455560081060384777</ref> One year later, they proclaimed together that "new technology" such as Sylvera's meant that most of the concerns with carbon offsetting "have now been addressed." <ref>https://www.weforum.org/agenda/2022/11/carbon-offsetting-rainforest-sylvera/</ref> Sylvera is also a member of the WEF's [[The Natural Climate Solutions Alliance\|Natural Climate Solutions Alliance]] along with the IETA, Verra, [[The Nature Conservancy]], and Sylvera petro-customers such as [[Shell Oil]] and [[Equinor]].		Sylvera has worked closely with the [[World Bank]] and [[World Economic Forum]]<ref>https://pitch.com/presentations/Sylvera-Pitch-Deck-5pN1bC3nzvUj5ZVeRU0Qgyz3?slide=c2a6587c-3ae2-4a3a-8205-ffebc8da5663</ref>, and is a member of the WEF's [[The Natural Climate Solutions Alliance\|Natural Climate Solutions Alliance]] along with the IETA, Verra, [[The Nature Conservancy]], and Sylvera petro-customers such as [[Shell Oil]] and [[Equinor]].

			In November of 2021, Sylvera was selected as "a top innovator in the @WEFUpLink World Economic Forum Carbon Market challenge", leading to a "year-long programme of engagement" with the WEF.<ref>https://twitter.com/SylveraCarbon/status/1455560081060384777</ref> One year later, they proclaimed together that "new technology" such as Sylvera's meant that most of the concerns with carbon offsetting "have now been addressed." <ref>https://www.weforum.org/agenda/2022/11/carbon-offsetting-rainforest-sylvera/</ref>

	Sylvera has published reports minimizing accusations of carbon credit fraud<ref>https://www.bloomberg.com/news/articles/2022-11-03/carbon-credit-fraud-assumptions-are-challenged-in-new-study</ref> and led an industry-wide effort to refute mounting evidence of widespread greenwashing in early 2023 with the publication of an open letter endorsed by (among many others) the IETA, REDD+ Business Initiative, and [[Toucan Protocol]].<ref>https://reddplusbusiness.com/wp-content/uploads/2023/01/VCM_Stakeholder_Open_Letter_Final-2.pdf</ref>		Sylvera has published reports minimizing accusations of carbon credit fraud<ref>https://www.bloomberg.com/news/articles/2022-11-03/carbon-credit-fraud-assumptions-are-challenged-in-new-study</ref> and led an industry-wide effort to refute mounting evidence of widespread greenwashing in early 2023 with the publication of an open letter endorsed by (among many others) the IETA, REDD+ Business Initiative, and [[Toucan Protocol]].<ref>https://reddplusbusiness.com/wp-content/uploads/2023/01/VCM_Stakeholder_Open_Letter_Final-2.pdf</ref>

TH: /* Customers */

2023-02-24T10:12:13Z

Customers

← Older revision		Revision as of 10:12, 24 February 2023
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	Along with these major polluters, Sylvera is a member of the [[International Emissions Trading Association\|IETA]]. It was first part of the IETA hub panel discussion at COP26 with [[Verra]], [[Delta Airlines]], [[Mercuria]], and [[Cargill]] <ref>https://verra.org/verra-at-cop26-in-glasgow-scotland/</ref> At COP27, Sylvera hosted its own panel as part of the IETA Business Hub (main sponsors that year included [[Chevron]], [[Verra]], [[Total Energies]],, [[Bain & Company]], and the [[US Chamber of Commerce]]).<ref>https://www.ieta.org/resources/COP27/COP27%20IETA%20BusinessHUB%20Program%20Guide_F.pdf</ref>		Along with these major polluters, Sylvera is a member of the [[International Emissions Trading Association\|IETA]]. It was first part of the IETA hub panel discussion at COP26 with [[Verra]], [[Delta Airlines]], [[Mercuria]], and [[Cargill]] <ref>https://verra.org/verra-at-cop26-in-glasgow-scotland/</ref> At COP27, Sylvera hosted its own panel as part of the IETA Business Hub (main sponsors that year included [[Chevron]], [[Verra]], [[Total Energies]],, [[Bain & Company]], and the [[US Chamber of Commerce]]).<ref>https://www.ieta.org/resources/COP27/COP27%20IETA%20BusinessHUB%20Program%20Guide_F.pdf</ref>

	Sylvera has worked closely with the [[World Bank]] and [[World Economic Forum]]<ref>https://pitch.com/presentations/Sylvera-Pitch-Deck-5pN1bC3nzvUj5ZVeRU0Qgyz3?slide=c2a6587c-3ae2-4a3a-8205-ffebc8da5663</ref>. In November of 2021, Sylvera was selected as "a top innovator in the @WEFUpLink World Economic Forum Carbon Market challenge", leading to a "year-long programme of engagement" with the WEF.<ref>https://twitter.com/SylveraCarbon/status/1455560081060384777</ref> One year later, they proclaimed together that "new technology" such as Sylvera's meant that most of the concerns with carbon offsetting "have now been addressed." <ref>https://www.weforum.org/agenda/2022/11/carbon-offsetting-rainforest-sylvera/</ref>		Sylvera has worked closely with the [[World Bank]] and [[World Economic Forum]]<ref>https://pitch.com/presentations/Sylvera-Pitch-Deck-5pN1bC3nzvUj5ZVeRU0Qgyz3?slide=c2a6587c-3ae2-4a3a-8205-ffebc8da5663</ref>. In November of 2021, Sylvera was selected as "a top innovator in the @WEFUpLink World Economic Forum Carbon Market challenge", leading to a "year-long programme of engagement" with the WEF.<ref>https://twitter.com/SylveraCarbon/status/1455560081060384777</ref> One year later, they proclaimed together that "new technology" such as Sylvera's meant that most of the concerns with carbon offsetting "have now been addressed." <ref>https://www.weforum.org/agenda/2022/11/carbon-offsetting-rainforest-sylvera/</ref> Sylvera is also a member of the WEF's [[The Natural Climate Solutions Alliance\|Natural Climate Solutions Alliance]] along with the IETA, Verra, [[The Nature Conservancy]], and Sylvera petro-customers such as [[Shell Oil]] and [[Equinor]].

	Sylvera has published reports minimizing accusations of carbon credit fraud<ref>https://www.bloomberg.com/news/articles/2022-11-03/carbon-credit-fraud-assumptions-are-challenged-in-new-study</ref> and led an industry-wide effort to refute mounting evidence of widespread greenwashing in early 2023 with the publication of an open letter endorsed by (among many others) the IETA, REDD+ Business Initiative, and [[Toucan Protocol]].<ref>https://reddplusbusiness.com/wp-content/uploads/2023/01/VCM_Stakeholder_Open_Letter_Final-2.pdf</ref>		Sylvera has published reports minimizing accusations of carbon credit fraud<ref>https://www.bloomberg.com/news/articles/2022-11-03/carbon-credit-fraud-assumptions-are-challenged-in-new-study</ref> and led an industry-wide effort to refute mounting evidence of widespread greenwashing in early 2023 with the publication of an open letter endorsed by (among many others) the IETA, REDD+ Business Initiative, and [[Toucan Protocol]].<ref>https://reddplusbusiness.com/wp-content/uploads/2023/01/VCM_Stakeholder_Open_Letter_Final-2.pdf</ref>

TH at 09:55, 24 February 2023

2023-02-24T09:55:51Z

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	Sylvera claims to be "the leading carbon credit ratings company."<ref>https://www.ieta.org/resources/COP27/COP27%20IETA%20BusinessHUB%20Program%20Guide_F.pdf</ref> It was founded by a machine learning entrepreneur and ~~uses~~ proprietary machine learning algorithms along with satellite surveillance as the basis of its carbon credit rating system.		Sylvera claims to be "the leading carbon credit ratings company."<ref>https://www.ieta.org/resources/COP27/COP27%20IETA%20BusinessHUB%20Program%20Guide_F.pdf</ref> It was founded by a machine learning entrepreneur and claims to use proprietary machine learning algorithms along with satellite surveillance as the basis of its carbon credit rating system, which is not publicly accessible.

	= Customers =		= Customers =

TH: /* The Katingan Peatlands Project */

2023-02-24T09:53:59Z

The Katingan Peatlands Project

← Older revision		Revision as of 09:53, 24 February 2023
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	* Wildfire Deforestation: "In 2015, more than 9,000 hectares of the Katingan project area burned down."		* Wildfire Deforestation: "In 2015, more than 9,000 hectares of the Katingan project area burned down."
	* Land ~~Conflict +~~ Theft: "The combination of new conservation laws and the presence of the Katingan Project has cut people off from what they consider to be their land."<ref>https://redd-monitor.org/2019/12/12/indonesias-katingan-redd-project-sells-carbon-credits-to-shell-but-that-doesnt-mean-the-forest-is-protected-its-threatened-by-land-conflicts-fires-and-a-palm-oil-plantation/ - see also re: [[Permian Global]] and [[JP Morgan Chase]]</ref>		* Land Theft: "The combination of new conservation laws and the presence of the Katingan Project has cut people off from what they consider to be their land."<ref>https://redd-monitor.org/2019/12/12/indonesias-katingan-redd-project-sells-carbon-credits-to-shell-but-that-doesnt-mean-the-forest-is-protected-its-threatened-by-land-conflicts-fires-and-a-palm-oil-plantation/ - see also re: [[Permian Global]] and [[JP Morgan Chase]]</ref>
	* Community Deterioration: Three out of four villages in the area surveyed rated expected community well-being improvement as "very negative." After 5 years, "the household total income in the control villages was also higher than the total income of household in the REDD+ villages."		* Community Deterioration: Three out of four villages in the area surveyed rated expected community well-being improvement as "very negative." After 5 years, "the household total income in the control villages was also higher than the total income of household in the REDD+ villages."

TH: /* The Katingan Peatlands Project */

2023-02-24T09:52:03Z

The Katingan Peatlands Project

← Older revision		Revision as of 09:52, 24 February 2023
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	* Wildfire Deforestation: "In 2015, more than 9,000 hectares of the Katingan project area burned down."		* Wildfire Deforestation: "In 2015, more than 9,000 hectares of the Katingan project area burned down."
	* Land Conflict + Theft: "The combination of new conservation laws and the presence of the Katingan Project has cut people off from what they consider to be their land."		* Land Conflict + Theft: "The combination of new conservation laws and the presence of the Katingan Project has cut people off from what they consider to be their land."<ref>https://redd-monitor.org/2019/12/12/indonesias-katingan-redd-project-sells-carbon-credits-to-shell-but-that-doesnt-mean-the-forest-is-protected-its-threatened-by-land-conflicts-fires-and-a-palm-oil-plantation/ - see also re: [[Permian Global]] and [[JP Morgan Chase]]</ref>
	<ref>https://redd-monitor.org/2019/12/12/indonesias-katingan-redd-project-sells-carbon-credits-to-shell-but-that-doesnt-mean-the-forest-is-protected-its-threatened-by-land-conflicts-fires-and-a-palm-oil-plantation/ - see also re: [[Permian Global]] and [[JP Morgan Chase]]</ref>
	* Additionality/Leakage issues: (add from four citations here)
	* Community Deterioration: Three out of four villages in the area surveyed rated expected community well-being improvement as "very negative." After 5 years, "the household total income in the control villages was also higher than the total income of household in the REDD+ villages."		* Community Deterioration: Three out of four villages in the area surveyed rated expected community well-being improvement as "very negative." After 5 years, "the household total income in the control villages was also higher than the total income of household in the REDD+ villages."

	~~Greenpeace writes that,~~		* Additionality:

			Greenpeace reported that,
	<blockquote>Many factors indicate that the project operators’ assumptions regarding additionality are clearly exaggerated. It is highly probable that the forest would have stored comparable amounts of CO2 even without the project. The project has merely shifted deforestation to other places in the region. Destruction of forest cover that may have been prevented in the project area is taking place elsewhere. Moreover, the permanence of CO2 storage is not guaranteed. While buyers of the carbon credits continue to release CO2 into the atmosphere, where it will impact our climate for about 100 years, it is far from certain whether the forest will still be standing in 20 or 50 years.<ref>https://redd-monitor.org/2020/11/08/new-greenpeace-report-exposes-vws-redd-carbon-offset-sham/</ref></blockquote>		<blockquote>Many factors indicate that the project operators’ assumptions regarding additionality are clearly exaggerated. It is highly probable that the forest would have stored comparable amounts of CO2 even without the project. The project has merely shifted deforestation to other places in the region. Destruction of forest cover that may have been prevented in the project area is taking place elsewhere. Moreover, the permanence of CO2 storage is not guaranteed. While buyers of the carbon credits continue to release CO2 into the atmosphere, where it will impact our climate for about 100 years, it is far from certain whether the forest will still be standing in 20 or 50 years.<ref>https://redd-monitor.org/2020/11/08/new-greenpeace-report-exposes-vws-redd-carbon-offset-sham/</ref></blockquote>

TH: /* The Florestal Santa Maria Project */

2023-02-24T09:50:54Z

The Florestal Santa Maria Project

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	== The Florestal Santa Maria Project ==		== The Florestal Santa Maria Project ==

			For Sylvera's glowing review:
	<ref>https://www.sylvera.com/blog/guardian-offsets-response</ref>		<ref>https://www.sylvera.com/blog/guardian-offsets-response</ref>

			For the issues they ignored:
			[[Verra#Colonialism]]

	= Sources =		= Sources =

TH at 09:50, 24 February 2023

2023-02-24T09:50:15Z

← Older revision		Revision as of 09:50, 24 February 2023
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	[[Salesforce]] is also a major investor in Sylvera, and its upcoming "net zero marketplace" for carbon credits was announced to use Sylvera's ratings system.<ref>https://www.southpole.com/de/news/salesforce-announces-first-of-its-kind-carbon-credit-marketplace</ref>		[[Salesforce]] is also a major investor in Sylvera, and its upcoming "net zero marketplace" for carbon credits was announced to use Sylvera's ratings system.<ref>https://www.southpole.com/de/news/salesforce-announces-first-of-its-kind-carbon-credit-marketplace</ref>

			= Case Studies =

			== The Katingan Peatlands Project ==

			Received a "AA" rating, the sole example published in what Sylvera calls its "in-depth analysis of >85% of REDD+ credits on the market."<ref>The State of Carbon Credits 2022, p. 31</ref>

			Major purchasers of these credits include Sylvera customers such as [[Shell Oil]] (the main buyer) and [[Delta Airlines]]. Other major polluters driving demand include [[TotalEnergies]], Bentley Motors, Volkswagen, Singapore Airlines, PetroChina International Company, and CNOOC Gas & Power Group. <ref>https://redd-monitor.org/2022/02/24/the-katingan-redd-project-how-offsetting-enables-the-fossil-fuel-sociopaths-to-destroy-the-planet/</ref><ref>https://redd-monitor.org/2020/11/19/worse-than-doing-nothing-shells-redd-offsets-in-indonesia-and-peru/</ref>

			Sylvera's rating & analysis ignored numerous issues including:

			* Wildfire Deforestation: "In 2015, more than 9,000 hectares of the Katingan project area burned down."
			* Land Conflict + Theft: "The combination of new conservation laws and the presence of the Katingan Project has cut people off from what they consider to be their land."
			<ref>https://redd-monitor.org/2019/12/12/indonesias-katingan-redd-project-sells-carbon-credits-to-shell-but-that-doesnt-mean-the-forest-is-protected-its-threatened-by-land-conflicts-fires-and-a-palm-oil-plantation/ - see also re: [[Permian Global]] and [[JP Morgan Chase]]</ref>
			* Additionality/Leakage issues: (add from four citations here)
			* Community Deterioration: Three out of four villages in the area surveyed rated expected community well-being improvement as "very negative." After 5 years, "the household total income in the control villages was also higher than the total income of household in the REDD+ villages."

			Greenpeace writes that,

			<blockquote>Many factors indicate that the project operators’ assumptions regarding additionality are clearly exaggerated. It is highly probable that the forest would have stored comparable amounts of CO2 even without the project. The project has merely shifted deforestation to other places in the region. Destruction of forest cover that may have been prevented in the project area is taking place elsewhere. Moreover, the permanence of CO2 storage is not guaranteed. While buyers of the carbon credits continue to release CO2 into the atmosphere, where it will impact our climate for about 100 years, it is far from certain whether the forest will still be standing in 20 or 50 years.<ref>https://redd-monitor.org/2020/11/08/new-greenpeace-report-exposes-vws-redd-carbon-offset-sham/</ref></blockquote>

			== The Florestal Santa Maria Project ==

			<ref>https://www.sylvera.com/blog/guardian-offsets-response</ref>



	= Sources =		= Sources =