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ARTICLE · 08 AUGUST 2024

Cadwalader Climate

Hogan Lovells Cadwalader
Hogan Lovells Cadwalader
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Hogan Lovells Cadwalader

Hogan Lovells Cadwalader

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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...

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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.

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