Empowering local communities through carbon credits
Under the Kyoto Protocol’s Clean Development Mechanism (CDM), carbon offset schemes are limited to afforestation and reforestation. Heavily forested countries like Brazil, Cameroon, Costa Rica, DR Congo, Gabon, Indonesia, Malaysia and Papua New Guinea, which all together contain 80% of the world’s remaining tropical forests, formed the Forestry Eight to challenge the failure to extend [...]
