Official Statement No. 11 – Formation of Ad-Hoc Committee for project review
Following Statement No. 10, Cercarbono announces the formation of an ad-hoc committee, chaired by CEO Alex Saer, to investigate projects linked to media allegations. After reviewing information related to projects by Indigenous Carbon LLC/AFGOR, the committee recommended suspending projects with IDs 138, 140, 141, and 142 as a preventive measure pending documentation of effective community participation and legal ownership. The remaining projects registered by the same developer are subject to ongoing investigation.