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Blue Carbon's African Deals Vanish
20 Nov
Summary
- Dubai firm Blue Carbon signed numerous African forest deals.
- Most agreements stalled, with the company going silent.
- Deals lacked oversight and transparency, critics noted.
Numerous carbon credit agreements signed by UAE-based Blue Carbon across Africa in 2023, promising forest protection and community benefits, have largely failed to materialize. Deals spanning countries from Liberia to Zimbabwe, some covering significant landmasses, have stalled. The company, led by a member of Dubai's royal family, appears to have fallen silent, with officials in Liberia and Zambia confirming no progress.
These agreements, often signed around the COP28 summit, were presented as innovative climate solutions. However, critics and environmentalists raised serious concerns about transparency, community rights, and the potential for greenwashing emissions. Investigations found no trace of Blue Carbon or its projects on major global carbon credit certification databases, suggesting a lack of tangible operation.
As of late 2025, Blue Carbon's website is offline, and its social media accounts have been inactive for extended periods, mirroring the stalled progress of its African ventures. The situation highlights the urgent need for robust standards, transparency, and accountability in the burgeoning carbon credit market to ensure projects deliver real climate benefits.
