Stoppe’s carbon projects are located on the border of Amazonas and Rondônia states, which have been under intense pressure for deforestation. Image by Fernando Martinho.

An investigation into two carbon credit projects located in the Brazilian Amazon has revealed potential ties to illegal timber laundering. These projects are overseen by Ricardo Stoppe Jr., recognized as Brazil’s top individual seller of carbon credits, whose clientele includes major corporations such as GOL Airlines, Nestlé, Toshiba, Spotify, Boeing, and PwC. One of the projects involved a partner who was previously convicted of timber laundering.

Before this analysis, forest management plans in these areas had already been halted due to similar concerns. The REDD+ initiatives were developed by Carbonext, the largest carbon credit provider in Brazil, and certified by Verra, a prominent registry in the global voluntary carbon market. This scrutiny raises questions about the integrity of carbon offset projects linked to Stoppe Jr. amid broader concerns about environmental and legal compliance in Brazil’s carbon credit sector.

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