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Recent financial details released by South Pole make these flawed credits even more troubling to some customers. Most of Kariba’s €100 million in proceeds have gone to South Pole and its project partner, a company called Carbon Green Investments, not — as both companies previously indicated in interviews and public blog posts — to people in the rural communities who do the work of fighting deforestation.
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Recent financial details released by South Pole make these flawed credits even more troubling to some customers. Most of Kariba’s €100 million in proceeds have gone to South Pole and its project partner, a company called Carbon Green Investments, not — as both companies previously indicated in interviews and public blog posts — to people in the rural communities who do the work of fighting deforestation.
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[Source Article](https://finance.yahoo.com/news/faulty-credits-tarnish-billion-dollar-194447721.html)
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