Guardian reporter revisits Kasigau Corridor REDD+ project amid VCM demand collapse

Patrick Greenfield, a biodiversity reporter for The Guardian, revisited the Kasigau Corridor REDD+ project in Kenya, the first Verra-registered REDD+ initiative, two years after his reporting on VCM integrity. He found that communities previously promised long-term funding are no longer receiving it due to collapsed carbon credit prices and a shift from the VM7 to VM48 methodology. Greenfield suggests that the VCM's 'demand collapse' narrative may stem from misallocated capital rather than media criticism. He notes that conservation efforts continue but with significantly reduced financial support.