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A Dubai company’s staggering land deals in Africa raise fears about risks to Indigenous livelihoods
World Warp news portal2024-05-21 13:41:30【business】8People have gathered around
IntroductionABUJA, Nigeria (AP) — Matthew Walley’s eyes sweep over the large forest that has sustained his Indig
ABUJA, Nigeria (AP) — Matthew Walley’s eyes sweep over the large forest that has sustained his Indigenous community in Liberia for generations. Even as the morning sun casts a golden hue over the canopy, a sense of unease lingers. Their use of the land is being threatened, and they have organized to resist the possibility of losing their livelihood.
In the past year, the Liberian government has agreed to sell about 10% of the West African country’s land — equivalent to 10,931 square kilometers (4,220 square miles) — to Dubai-based company Blue Carbon to preserve forests that might otherwise be logged and used for farming, the primary livelihood for many communities.
Blue Carbon, which did not respond to repeated emails and calls seeking comment, plans to make money from this conservation by selling carbon credits to polluters to offset their emissions as they burn fossil fuels. Some experts argue that the model offers little climate benefit, while activists label it “carbon colonialism.”
Address of this article:http://micronesiafederatedstatesof.brianlynch.org/news-45e099864.html
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