“Carbon Discredited”: New report on Envirotrade’s N’hambita carbon project in Mozambique

Does the N’hambita carbon project in Sofala province in Mozambique live up to its reputation? That’s the question posed by a new report published by FERN and Friends of the Earth France. The report finds that the project, which is run by a company called Envirotrade, has “failed to deliver most of its climate change, development, financial and learning objectives”.

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Envirotrade’s carbon trading project in Mozambique: “The N’hambita experiment has failed”

The N'hambita experiment has failedEnvirotrade’s carbon trading project near the Gorongosa National Park in Mozambique should be a success story. Its carbon credits are certified by the Plan Vivo Foundation. It is certified under the Climate, Community and Biodiversity Alliance Standard. Yet the project is winding down and will close in four years, according to a report in the Mozambique Bulletin.

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