The carbon offset market: Leveraging forest carbon's value in the Brazilian Amazon
Friday, April 5, 2019 - 18:20
in Earth & Climate
As companies seek and are required to reduce their greenhouse gas emissions, the world's carbon markets are expanding. A government-run program in the Amazon rainforest in northwestern Brazil transforms forest carbon value into public wealth by focusing on labor rather than land rights. In the Brazilian state of Acre, some of the revenue from carbon credits is distributed to rural laborers and family farmers without land rights. A new study examines the benefits and risks associated with Acre's unique approach.