26 September 2025

Request For Further Information From Verra

While we appreciate the update on the carbon accounting and quality control processes, we are concerned by the lack of accompanying detail regarding the basis for the reported findings. As the project proponent, we are committed to engaging constructively and transparently with all stakeholders involved. Since the project was not involved in the baseline reassessment, to better understand the findings and facilitate our cooperation, I kindly request the following:

  1. Baseline Reassessment Report: Please provide the full assessment report detailing the review of the carbon accounting under VM0009, including the methodology used to determine the revised baseline and the calculations leading to the reported difference of 15,220,520 VCUs issued more than the updated baseline.

  2. Data Sources: Please share the data sources and any relevant documentation used to assess the actual deforestation rates in the reference area compared to the initial baseline projections.

  3. Moratorium: A moratorium on the compensation process placed until we have reviewed the baseline reassessment and issue our official response exercising the right offered.

  4. Contact Restriction: VERRA refrain from contacting any client of Carbon Green Investments, without prior consent.

  5. Registry Access: Allow full access to the credit registry of project 902 from inception.

This will help to evaluate the findings and respond effectively to inquiries from the VVB during your quality control review. We remain committed to cooperating fully to bring this review to a close.

We expect to receive the requested documents within in the next 7 days.

Request For Further Information From Verra Read More »

Carbon Green Investments initial response to Verra Press Release

Carbon Green Investments (CGI) thanks Verra for providing its update and results from their review of the Kariba REDD+ Project, as outlined in their September 23, 2025, letter and public statement. Although lengthy, we do appreciate the time and effort invested in this complex process, which should have reflected the shared commitment to maintaining high standards in the voluntary carbon market.

In response, CGI, in collaboration with the Government of Zimbabwe, will carefully review Verra’s outcome. To ensure a thorough, true, and accurate outcome, CGI has conducted independent third-party assessments of the carbon accounting and related matters, using all up-to-date data, scientific findings and appropriate methodologies. From this evaluation, CGI will partner with the new registry to address and mitigate any historical discrepancies in credit issuance, prioritising transparency and the long-term sustainability of the project.

We value Verra’s role in trying to advance environmental integrity and look forward to constructive dialogue as we move forward.

“CGI remains dedicated to the Kariba Project’s mission of forest conservation and community support in Zimbabwe,” said the company representative, “We are grateful for Verra’s input and are committed to continue working toward resolutions that uphold the highest standards.”

About Carbon Green Investments: CGI is a leading developer of nature-based solutions, focused on high-impact REDD+ projects that combat climate change while supporting local communities.

For more information, visit www.carbongreeninv.net.

Carbon Green Investments initial response to Verra Press Release Read More »