DW uncovered that dozens of Chinese climate projects, certified by the German authorities as carbon credits under the upstream emission reduction scheme, failed to deliver on promises to save millions of tons of carbon emissions. A joint investigation by DW and ZDF reveals how Germany was deceived – and exposes the shadowy company Beijing Karbon behind the alleged fraud.
Saw this DW docu yesterday. According to invastigative reporters the 2 B euro project scam was due to a Chinese company ( project scammers) and German Carbon certificate authority officials being bought off, allegedly. The investigation isn’t over.
Notably, they made the distinction that the certificate companies are not the/with state authority. The state agency depends on the certification, but those are private sector companies. Three are under investigation.