| Founded | 2006 |
|---|---|
| Closed | 2023 |
| Country | Switzerland |
| Sector | Cleantech |
| Collapse type | Fraud Explosion |
| Founder | Renat Heuberger |
South Pole
"The $1B carbon empire that built its fortune on credits that never existed."
Sudden collapse triggered by fraud exposure
Key Events Timeline
South Pole, the world's largest carbon offset developer, imploded in late 2023 when its $100M Kariba REDD+ project in Zimbabwe was exposed as massively overclaiming credits.
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