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The Guardian - UK
The Guardian - UK
Environment
Patrick Greenfield

CEO of biggest carbon credit certifier to resign after claims offsets worthless

Verra Gucci Shell United States
The Alto Mayo protection forest in Moyobamba, Peru, was supposed to be a flagship offsetting project but has faced human rights issues.
The Alto Mayo protection forest in Moyobamba, Peru, was supposed to be a flagship offsetting project but has faced human rights issues. Photograph: Angela Ponce/The Guardian

The head of the world’s leading carbon credit certifier has announced he will step down as CEO next month.

It comes amid concerns that Verra, a Washington-based nonprofit, approved tens of millions of worthless offsets that are used by major companies for climate and biodiversity commitments, according to a joint Guardian investigation earlier this year.

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