Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Cases / Carbon credits · Zambia · 2021–2023

Eni bought Zambian forest credits as a community received about EUR 50,000

Short record: the main facts, with sources. A full case file has not been prepared.

Nature's voice · report
No measurement of the harm done to me here is on record.
Did nature suffer? Not measured.
What the record lacks: 3 none on record · 2 insufficient · 1 not measured See the gaps

Eni acquired about 3.1 million credits from the Luangwa community forests project in Zambia, which covers 943,646 hectares. REDD-Monitor reported that the Luembe community received about EUR 50,000 in one year, that its chief said this was not enough, and that a school built with scheme funds stood empty.

What?
Eni acquired about 3.1 million credits from the Luangwa community forests project in Zambia. REDD-Monitor
Where?
Luangwa area, Zambia REDD-Monitor
When?
2021-2023 REDD-Monitor
Who?
Gained
  • Eni — Acquired about 3.1 million credits from the Luangwa community forests REDD-Monitor
Lost
None on record
Harmed
  • Luembe community — Received about EUR 50,000 in one year, which its chief said was not enough; a school built with scheme funds stood empty REDD-Monitor
Why?
Not stated in the sources reviewed.
How?
Eni acquired the credits, and the Luembe community received a payment from the same Luangwa area scheme. REDD-Monitor
6 of 6 questions answered from the record

What happened

The record, in order.

REDD-Monitor reported that Eni acquired about 3.1 million credits from the Luangwa community forests project in Zambia, which covers 943,646 hectares.

According to the same source, the Luembe community received about EUR 50,000 in one year, a school built with scheme funds stood empty, and the community's chief said the money was not enough.

    In court and with insurers

    Every proceeding and every insurer decision on record.

    Lawsuits and rulings

    No court case on record. No court has ruled on this case.

    Insurers

    No insurer decision on record.

    What we don't know

    Undisclosed, unproven, untried: recorded as data.

    Nature

    • Not measured Harm to nature: The record holds no measurement of harm to nature.

    Record

    • Insufficient Reported but not verified: Eni planned a Zambia and Tanzania credit portfolio of 10 million tonnes a year by 2025 and 20 million tonnes a year by 2030 (Eni, November 2020).
    • Insufficient Reported but not verified: Eni's 2050 target is 30-40 million tonnes a year of nature-based credits.
    • None on record The sources reviewed do not give the credits, area or payments of the Ntakata scheme in Tanzania.
    • None on record The sources reviewed do not say how the credit price or total value was split, or whether the Luembe payment was the full benefit-sharing amount.
    • None on record The sources reviewed do not say whether the school was later used, or whether community payments have increased.

    Did the harm stop?

    Not stated in the sources reviewed.

    Who paid?

    Not stated in the sources reviewed.

    Sources

    Voices on record: — Company or project— Government and regulators— Courts— Press and investigations✓ Communities and civil society— Researchers

    Communities and civil society

    Connected cases

    Related matters, and cases linked to this one through the same organisations, with the role each played in both.

    Science and environment

    Hectare (ha)
    A unit of area equal to 10,000 square metres, about 2.5 acres. 100 hectares make one square kilometre.

    Carbon and conservation finance

    REDD+
    Reducing Emissions from Deforestation and forest Degradation. A UN framework under which forest projects earn carbon credits for deforestation they say they prevented, measured against a projected baseline.