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Climate Impact X suspends scandal-hit Kenya carbon project from flagship contract

Wong Pei Ting

Wong Pei Ting

Published Wed, Nov 22, 2023 · 01:26 PM
    • Environment technicians gathering bio data from natural vegetation on a sample plot being quantified for carbon sequestration at Kenya's Kasigau wildlife corridor.  While Kasigau credits are now removed from Nature X, CIX says market participants can still trade standalone Kasigau credits on its exchange.
    • Environment technicians gathering bio data from natural vegetation on a sample plot being quantified for carbon sequestration at Kenya's Kasigau wildlife corridor. While Kasigau credits are now removed from Nature X, CIX says market participants can still trade standalone Kasigau credits on its exchange. PHOTO: AFP

    SINGAPORE Exchange-backed carbon exchange Climate Impact X (CIX) has suspended the delivery of credits from a scandal-hit forest conservation carbon project in Kenya into its flagship contract, the Nature X. It said this is because the credits no longer meet its criteria for market acceptability and tradability.

    The suspension kicked in a day after Wildlife Works, the US-based developer of the troubled Kasigau Corridor project, sacked the head of security at the project over “gross misconduct, including conduct in violation of the company’s policy against sexual harassment”.

    The project developer also sacked the project’s human resources manager since he “created a culture of fear and intimidation that, according to interviewed personnel, prevented reporting of sexual harassment incidents”.

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