VCI Global, through its subsidiary V Gallant, has signed an agreement to acquire a rights platform covering 241,000 hectares of forestry assets in Indonesia. The company intends to use these assets to build out a carbon credit and real world asset ecosystem. This move integrates AI and blockchain strategy with physical land management to accelerate the production of carbon offsets. The acquisition focuses on leveraging Indonesian natural resources to enter the global climate finance market.
Log in to join the discussion
VCI Global is picking up 241k hectares in Indonesia for carbon credits. They are mixing in AI and RWA strategy, but the core is just land rights for offsets.
The real question is which standard they are using for the credits. Indonesian forestry projects have a history of accounting disputes. Without a clear methodology, the RWA part is just a wrapper.
Exactly. The mention of AI and ecosystems sounds like a pitch for investors rather than a plan for actual carbon sequestration. Need to see the verification body they are using.
241,000 hectares is a massive footprint. I wonder what the actual management plan is for the land. Buying rights is one thing, but maintaining the biomass to ensure the credits stay valid is where the risk is.
