June 10, 2010
The investigation by Global Witness questioned Carbon Harvesting Corporation’s "relevant inexperience, the lack of consultation, and the inadequate safeguards and monitoring mechanisms." Global Witness said the project potentially exposed the Liberian government to more than $2 billion in liabilities.
"The investigation into the proposed Carbon Harvesting Corporation deal announced by President Johnson Sirleaf is an important first step," said Amy Barry of Global Witness in a statement. "Liberia will need to be vigilant against corruption in order to ensure its natural resource wealth is managed sustainably and for the benefit of the wider population. Genuine political will and the space for civil society involvement will be essential to ensure transparency in future carbon-related projects and resource deals in general."
Many groups are therefore calling for stronger safeguards, greater transparency, and increased participation of forest-dependent peoples in the development and implementation of a framework on carbon conservation projects under the proposed UN REDD (Reducing Emissions from Deforestation and Degradation) mechanism.