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Environmentalists have frowned at the Shell-backed REDD (Reducing Emissions from Deforestation and Degradation) project, describing it as a false solution to climate change that put forests in the carbon market, and has been denounced as potentially the “largest land grab of all time.”

According to the Indigenous Environmental Network, REDD is rife with “perverse incentives” to convert natural forests into monoculture tree plantations and to actually increase deforestation.”

Reuters reported that Shell, Gazprom, and the Clinton Foundation are funding the landmark REDD Rimba Raya project on 100,000 ha (250,000 acres) in the province of Central Kalimantan in Indonesia.