Who will really benefit from the carbon trade?
Well-intentioned businesses have been enthusiastic customers of carbon credits. They've been offsetting their emissions by buying credits from companies promising to stop exploitative timber harvesting, whilst lifting locals out of poverty. But there is a vast chasm between what is marketed and what is really happening on the ground. In Papua New Guinea, one company is wreaking environmental devastation in the very areas it claimed to be protecting, leaving indigenous landowners angry at unfulfilled promises.