Fraud Risk: Could green fraud become the next big fraud scandal?

25 May 2024 2:28 PM | Anonymous member (Administrator)

Joshua Reddaway from the NAO's Fraud & Propriety team explores the challenge of fraud, error and abuse in net-zero and environmental initiatives.

Green initiatives are certainly susceptible to fraud. This is partly because governments are spending more on them. We all know fraudsters are opportunistic and will follow money, wherever it goes. They also tend to like the sort of payments associated with green initiatives – grants you apply for, incentive payments and tax reliefs. And because environmental impacts can be harder to define, environmental benefits can be purposefully overstated and negative impacts understated.

https://www.civilserviceworld.com/in-depth/article/green-fraud-tackling-abuse-environmental-schemes-nao

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