This pilot project demonstrates how payments for carbon offsets, in response to global climate change, can finance conservation, reforestation and community development in rural Latin America.
What is the issue, problem, or challenge?
While rural Latin America still contains incredible biodiversity, many of its forested landscapes are under immense threat because of the pressures of crushing poverty. At the same time, in response to global warming, agencies like the World Bank are building global capital markets for carbon offsets resulting from sustainable forestry management. This project seeks to leverage those markets to provide economic and environmental benefits to both the local and global communities.
How will this project solve this problem?
Reforesting barren land, selling carbon-offset credits, assisting poor communities protect water sources and increase agricultural production, creating jobs through forestry concessions, and generating income for conservation and development efforts.
Potential Long Term Impact
120 poor communities living in the buffer zone of Pico Bonito National Park will benefit in from the creation of jobs, increased agricultural productivity, cleaner water, and a revenue stream to fund further community development projects.
This project has been retired and is no longer accepting donations.