New study shows where carbon finance should—and shouldn't—drive conservation efforts
Thursday, January 12, 2017 - 19:11
in Earth & Climate
The world's forests are crucial to slowing climate change, but they're often destroyed to make room for farms, mines, and other economic ventures. One possible solution to deforestation is carbon finance: giving companies and countries monetary incentives to reduce their climate change-causing carbon emissions from deforestation. But carbon finance isn't in place on the large scale yet, and it's unclear how effective it might be. A new study suggests that potential success for carbon finance varies widely—it can work under the right conditions, but it's not a one-size-fits-all solution.