While microfinance models have been hugely successful on a global scale in providing the means for people to escape extreme poverty, they aren’t often used to finance payments for ecosystem services projects that offer many poverty alleviating benefits. Despite it being risky and costly, both sectors see potential in working together on a larger scale
After becoming the first indigenous people in the world to generate REDD+ (Reduced Emissions from Deforestation and Degradation) offsets, the Paiter-Surui Amazonian tribe is now looking back on its experience. While the tribe agrees that the carbon project has been successful, there is less support for the mechanism to dispense finance. Read this and more below.
Two steps forward: Green Assets’ South-Carolina based improved forest management project received its first forest carbon offset issuance for the California market, and Finite Carbon registered new compliance projects in New York and New Hampshire. Two steps back: The first national-level REDD+ Agency in Indonesia may be absorbed into a climate change mitigation directorate, and Brazilian President Dilma Rousseff has appointed a “chainsaw queen and a climate change denier to top posts.
Indigenous people have long been the most effective guardians of the rainforest, but confronted with growing global pressures to clear their lands, how will they find the resources needed to protect their forests and thrive? In this series, we will explore the new emerging mechanism known as “Indigenous REDD” and see how it draws on and contrasts with forest-carbon projects that exist to date.
Every New Year, we ask market experts to look into their crystal balls (or perhaps into their own work plans) and predict what’s in store for the forest carbon markets in the coming year. Select responses are published below in our Forest Carbon News Brief, alongside the top 10 stories of the past year, as voted by our readers.
After becoming the first indigenous people in the world to generate REDD+ (Reduced Emissions from Deforestation and Degradation) offsets, the Paiter-Surui Amazonian tribe is now looking back on its experience. While the tribe agrees that the carbon project has been successful, there is less support for the mechanism to dispense finance. Read this and more below.
While microfinance models have been hugely successful on a global scale in providing the means for people to escape extreme poverty, they aren’t often used to finance payments for ecosystem services projects that offer many poverty alleviating benefits. Despite it being risky and costly, both sectors see potential in working together on a larger scale.
Two steps forward: Green Assets’ South-Carolina based improved forest management project received its first forest carbon offset issuance for the California market, and Finite Carbon registered new compliance projects in New York and New Hampshire. Two steps back: The first national-level REDD+ Agency in Indonesia may be absorbed into a climate change mitigation directorate, and Brazilian President Dilma Rousseff has appointed a “chainsaw queen” and a climate change denier to top posts.
Indigenous people – and forest people in general – have long been among the planet’s most responsible stewards of the land. They’ve contributed the least to the global climate crisis, yet will suffer the most from its effects. REDD offers a way to rectify this injustice – and here’s how some indigenous leaders hope to make it work.
Como observador del relativamente largo plazo del proceso de las Naciones Unidas sobre el cambio climático, Gena Gammie de la Iniciativa del Agua de Forest Trends ‘ ve valor en el documento internacional a salir de Lima el mes pasado, pero recuerda a los lectores de la importancia de la innovadora acción climática a nivel […]