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The deals, which give an obscure Emirati firm effective control over millions of hectares of Africa’s wild areas, are having a political impact in the countries where they are being negotiated – Liberia, Tanzania, Zambia, Zimbabwe, Kenya and Angola. ....
It’s been called a “new scramble for Africa”: a modern incarnation of European powers’ 19th century imperial seizure of vast swathes of Africa. Under the guise of fighting the climate emergency, a private Emirati company is set to take control of huge tracts of sub-Saharan Africa, enabling it to sell carbon credits to major polluters […] ....
A company established by a Dubai sheikh is finalizing agreements with African nations to manage vast tracts of their forests and sell the carbon credits. Critics are concerned the deals will not benefit Africans and will just help foreign governments perpetuate high emissions. ....