In this week's edition, we discuss a Colombian
court's ruling in favor of an indigenous community who
challenged the legality of a carbon credit project and a letter
written by environmental activist groups to 71 airlines warning
them against greenwashing.
Colombia Court Rules in Favor of Indigenous Group in Challenge
to Carbon Credits Project
On July 15, 2024, the Constitutional Court in
Colombia ruled in favor of six indigenous
tribes who had challenged the validity of an agreement establishing
carbon credit projects in the Amazon's Pira Parana territory.
The deal, made between U.S.-based Ruby Canyon Environmental and
Colombia-based intermediary, Masbosques, was, the Court held,
imposed on the indigenous communities illegally. It is estimated
that $3.8 million worth of credits related to the projects were
ultimately sold to Delta airlines. As we discussed in July 2023 and
in the update below, Delta faces a class action lawsuit following
greenwashing allegations.