| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | Brazil |
| Sector | Cleantech |
| Collapse type | Fraud Explosion |
| Founder | Felipe Drago |
GreenPlace
"Brazil's carbon marketplace dream collapsed when its own forest projects faked the data."
Sudden collapse triggered by fraud exposure
Key Events Timeline
GreenPlace raised R$45M to build Brazil's first voluntary carbon credit marketplace, connecting Amazon preservation projects with corporate buyers.
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